According to Reserve Bank of India (RBI), over $25 billion has been collected from special concessional swap windows for deposits by non-resident Indians and overseas foreign currency borrowings...
The Reserve Bank of India will launch CPI-indexed Inflation Indexed Bonds (IIBs) aimed at protecting the savings of retail investors from the impact of inflation by the end...
Some of the biggest banks in the world are facing investigation for their suspected involvement in rigging the Foreign Exchange (Forex) markets. Seven investigating agencies including UK’s Financial...
The Union Government appointed Usha Ananthasubramanian as the Chairperson and Managing Director (CMD) of public sector Bharatiya Mahila Bank (BMB), the first women bank of India. Prior to her appointment in BMB, she...
All Non-Banking Finance Companies (NBFCs) have been advised by the RBI to file and register the records of all equitable mortgages created in their favour on or after...
As per the guidelines released by the Reserve Bank of India (RBI), the Wholly-Owned Subsidiary (WOS) of foreign banks are allowed to acquire domestic private sector banks as...
The RBI in its second quarter review of monetary policy reduced the growth forecast for current fiscal 2013-14 to 5% from the earlier projection of 5.5%. The RBI had...
The RBI, in its Second Quarter Review of Monetary Policy 2013-14, asked banks to charge customers for transaction SMS alerts on the basis of usage, instead of imposing...
