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New India Co-operative Bank's financial operations halted after notice from RBI
The Reserve Bank of India (RBI) has restricted Mumbai-based New India Co-operative Bank from issuing loans, accepting deposits, or permitting withdrawals for six months. The move comes amid concerns ...
RBI proposes scrapping foreclosure charges on loans for THESE borrowers; Will this ease loan burden?
RBI’s draft norms state that loans granted for business purposes to individual borrowers will also be free of the existing ...
India's RBI announces mega $10 billion FX swap to infuse rupee liquidity
The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...
RBI injects $10 billion via currency swap to ease liquidity deficit in financial system: Report
Reseve Bank of India (RBI) injected $10 billion through a foreign-exchange swap auction on Friday, stepping up efforts to ...
Reuters20d
India's RBI to enhance liquidity next week to cover for tax outflows
The RBI has doubled the quantum of government ... UTC · Updated ago United Statescategory USAID workers say goodbye to headquarters as Trump drastically cuts foreign aid 10:06 PM UTC · Updated ...
RBI strengthens measures to combat digital frauds
RBI introduces 'bank.in' domain to combat digital frauds, enhance security in digital banking, and introduce AFA for transactions.
Hindustan Times26d
RBI to delay digital deposit buffer mandate for banks by a year, says governor Sanjay Malhotra
A man walks past the RBI logo at RBI headquarters in Mumbai, Friday, Feb. 7, 2025.(Shashank Parade/PTI) Also Read: RBI introduces additional authentication feature for international transactions ...
The Week27d
RBI cuts key repo rate to 6.25 per cent; first rate cut in almost 5 years
Following the Monetary Policy Committee (MPC) meeting, the Reserve Bank of India cut the repo rate; Last reduction in rate occurred in May 2020 ...