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Indian banks' gross bad loan ratio will remain close to multi-decade lows if economic growth holds steady as projected, a ...
Punjab National Bank was among the first to pass on the benefit, lowering its repo-linked lending rate from 8.85 per cent to 8.35 per cent. However, the bank kept its base rate and marginal cost of ...
On May 29, 2025, the Reserve Bank of India (RBI) released its Annual Report 2024-25.
The Reserve Bank of India is expanding digital rupee pilots with new offline and programmable features, as digital payments in India grow sharply in 2024–2025.
The story so far: Putting an end to much speculation, the Reserve Bank of India’s Central Board on Friday (May 23, 2025) announced that it had decided to transfer ₹2.69 lakh crore to the ...
The Reserve Bank has fined five banks, including ICICI (Rs 97.80 lakh) and Bank of Baroda (Rs 61.40 lakh), for regulatory non-compliance. Other penalties include IDBI (Rs 31.80 lakh) and Bank of ...
RBI fines Kotak, IDFC First, and PNB for compliance failures. Kotak Mahindra Bank faces Rs 61.4 lakh penalty for loan system violations. IDFC First Bank penalised Rs 38.6 lakh for KYC non-compliance.
The Reserve Bank of India (RBI) took 79 enforcement actions against banks and NBFCs in FY25, of which 48 were against NBFCs, 30 against banks, and one against a credit Bureau.
KHBF convener Dhananjaya Padmanabhachar compiled observations on banks and submitted them to the RBI, urging it to issue suitable guidelines to safeguard homebuyers’ interests.
The Reserve Bank of India on Friday permitted banks to increase charges on ATM cash withdrawals beyond the mandatory free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
New India Co-operative Bank The Reserve Bank of India (RBI) has allowed banks to increase fees for ATM cash withdrawals beyond the free monthly limit. Effective May 1, 2025, customers exceeding ...