However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...

The Indian rupee rose to a two-week high at 86.47, buoyed by central bank intervention. Analysts suggest this may have liquidated bearish positions. Despite the rupee’s recovery, forecasts predict it ...

A Public Interest Litigation (PIL) has been filed in the Bombay High Court seeking an investigation by CBI or SIT into the alleged bank fraud guarantees accepted by the Mumbai Metropolitan ...

While banks will be closed in the affected states, digital banking services like UPI, internet banking, and mobile banking ...

The NCAER paper emphasizes the need for collaboration between the Union government, RBI, and Finance Commission to enforce ...

In an effort to bolster cyber security, banks and non-banks in India are to given exclusive internet domains. The Reserve Bank of India announced on February 7 that it would be introducing the ...

Updated - February 12, 2025 at 08:57 PM. | Mumbai ...

After almost a year, the central bank has finally given the green light for the private bank to onboard new customers again ...

The Reserve Bank of India has lifted restrictions on Kotak Mahindra Bank, allowing it to resume onboarding new customers and ...

The Reserve Bank of India said on Wednesday that it had lifted its 10-month-old order barring Kotak Mahindra Bank from ...

In April last year, the RBI placed restrictions on the bank as it failed to plug gaps in its information technology (IT) ...

The Reserve Bank of India (RBI) said it has lifted restrictions on Kotak Mahindra Bank, allowing the lender to ...