These institutions are also perceived as being "too big to fail". The Reserve Bank of India had issued a framework for ...

A jeweller in Mumbai was tricked by a man posing as an RBI employee, who used fake payment receipts to steal gold worth ₹1 lakh.

In the strongest signal yet of the growing stature of NBFCs, American private equity major TBG has announced plans to raise ...

The Reserve Bank of India has banned four NBFCs from issuing new loans starting October 21, 2024, citing excessive lending rates and non-compliance with regulations. The Reserve Bank of India has ...

Manoj Singh has 29+ years of experience working for the Central Bank of India. He is the author of ... Commons / CC by SA-3.0 The Federal Reserve System is the central bank of the United States ...

A recent significant development in India’s monetary landscape was when the RBI (Reserve Bank of India) brought back about 100 tonnes of gold imported from the United Kingdom. It marks the first ...

India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that exceed the prescribed limit as foreign direct ...

On Thursday, the Reserve Bank of India (RBI) sought action against four non-banking financial companies (NBFCs), barring them from making new loan sanctions and disbursements, effective October 21 ...

The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...

The Reserve Bank of India in March ordered Paytm to stop operating several businesses at its banking subsidiary, which the company used for UPI payments, citing repeated violations of rules.

According to the latest data released by the Reserve Bank of India (RBI), the total number of credit cards issued stood at more than 105 million in August 2024. Here’s a read on the best credit ...

India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, citing excessive interest rates and regulatory breaches. The Reserve ...