The Reserve Bank of India (RBI) has appointed former RBI Deputy Governor R Gandhi and former banker Ananth Narayan on the board of Yes Bank. They have been...
The Reserve Bank of India recently announced that it will regulate the entire activities of Payment Aggregators (PAs). Payment Aggregators enable the e-commerce sites and merchants to accept...
The Union Cabinet approved a reconstruction plan proposed by the RBI for providing financial assistance to the Yes Bank. Union Finance Minister announced that the authorised capital of Yes Bank has been...
The Reserve Bank on Friday issued regulatory guidelines for implementation of Indian Accounting Standards (Ind AS) by Non-banking financial companies (NBFCs) and Asset reconstruction companies (ARCs) when they...
According to the Reserve Bank of India (RBI) notification, the single borrower and group exposure limit for Urban cooperative banks (UCBs) to 15% and 25% of tier I...
The Reserve Bank of India drafted a reconstruction plan of Yes Bank recently. As per the plan, the investor bank shall buy 49% stake in Yes Bank. Recently,...
As per the recent notification of the Reserve Bank of India, Current Account Deficit (CAD) was 0.2% of GDP in December quarter when compared to 0.9% of GDP...
State Bank of India recently announced that Chalasani Venkat Nageswar has been given additional charge of Deputy managing director and Chief financial officer (CFO) of the bank. He...
The Reserve Bank of India recently unveiled a draft scheme of revival Yes Bank, which has been put under the control of RBI. RBI also announced that State...
On March 5, 2020, the Reserve Bank of India imposed a month-long moratorium. Also, the Apex Bank has imposed withdrawal restrictions of Rs 50,000 to the customers. However,...
