As unsecured borrowing and speculative trading surge, RBI deputy governor M. Rajeshwar Rao cautions against reckless ...

The RBI's draft guidelines propose removing prepayment penalties on floating-rate loans for retail and MSME borrowers, ...

Reserve Bank of India deputy governor M Rajeshwar Rao on Friday cautioned that while digital transformation is ...

Mumbai Police’s Economic Offences Wing arrested ex-CEO Abhimanyu Bhoan in a Rs 122 crore fraud at New India Cooperative Bank.

Last year in May 2024, RBI released a draft direction outlining the prudential framework for project loan financing ...

In case of MSE borrowers, however, these instructions shall be applicable up to the aggregate sanctioned limit of Rs 7.50 ...

RBI to inject $10 billion through USD-INR Buy/Sell swap auction for three years, aiming to stabilize currency and boost ...

The bank's general manager and head of accounts Hitesh Mehta, its former CEO Abhimanyu Bhoan and real estate developer ...

The Reserve Bank of India (RBI) fined Citibank NA, JM Financial, and Asirvad Micro Finance for regulatory non-compliance. Citibank was penalized Rs 39 ...

New India Co-operative Bank fraud case emerged as a former general manager of the bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ₹122 crore from the lender. The authorities ...

RBI draft circular prohibits lenders from charging foreclosure fees on floating rate loans for MSEs and individuals.

Tata Capital plans to raise funds via a share sale to existing investors in an upcoming board meeting. The firm is also ...