MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its bottom-line, the Reserve Bank (RBI) asked all banks with large forex ...

The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years in February, seeking to arrest the alarming slowdown in growth. Analysts say India, like other ...

The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years in February, seeking to arrest the alarming slowdown in growth. Analysts say India, like other ...

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The Reserve Bank of India (RBI) has approved re-appointment of Sumant Kathpalia as MD, CEO of IndusInd Bank for a period of one year with effect from March 24, 2025, according to an exchange filing.

The Reserve Bank of India (RBI) "will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly liquidity conditions," it said in a press release.

Shares of CreditAccess Grameen are trading with gains of as much as 12% on Thursday, February 27, while those of Bandhan Bank are trading with gains of nearly 8% post the recent RBI announcement on ...

Still, the local currency was down 0.5% on the day. The RBI sold dollars "relatively quickly" via state-run between 87.20-87.24, a spot trader at a small private bank said.

In a bid to give more flexibility to these banks, RBI said the aggregate exposure of a UCB to residential mortgages (housing loans to individuals), other than those eligible to be classified as ...

The RBI on Feb. 13 barred the lender from issuing new loans, suspended deposit withdrawals for six months and appointed an administrator, citing supervisory concerns and the lender's liquidity ...

The RBI has also increased the aggregate exposure limit for residential mortgages to 25% of its total loans and advances. Exposure of UCBs to the real estate sector, excluding housing loans ...