3 Cr Fixed Deposit Fraud Case: HDFC BANK, Court Issued Notice to bank & RBI
An employee of HDFC Bank embezzles ₹3 crore from FDs. The court notifies the bank and RBI, Next Hearing 13 Dec 2024
All posts tagged: RBI
SBI requests that the RBI incorporate non-monetary transactions into account status calculations
SBI Urges RBI to make changes in one rule related to tagging non financial accounts as inoperative.
Sensex Nifty Open lower as Stock markets anticipate RBI’s MPC meeting decisions following GDP growth slowdown
The Reserve Bank of India’s (RBI) monetary policy (MPC) announcements , which are anticipated to […]
RBI Governor advises banks against misselling insurance and KYC violations, & weak Internal governance at a private sector bank directors’ conference.
On Monday, RBI Governor Shaktikanta Das urged bank boards to strengthen internal control. Incentives for […]
SBI, HDFC, and ICICI are still considered India’s too-big-to-fail banks by the RBI
The Reserve Bank of India (RBI), the country’s central bank, declared on Wednesday that ICICI […]
Rupee slips to record low as Asia FX declines; RBI likely steps in
As a result of foreign investor withdrawals from Indian stocks and worries about the effects […]
For the first time since August 2023, India’s retail inflation rate in October accelerates to 6.21% and crosses the RBI tolerance band
In October, retail inflation in India increased to 6.21%. Compared to September’s 5.49 percent, this […]
Securities of Manappuram Finance plunge 15% after RBI suspends subsidiary Asirvad Microfinance
Asirvad Microfinance was one of the four NBFCs and NBFC-MFI that the Reserve Bank of […]
September saw a nine-month high of 5.5% in retail inflation in India, beyond the RBI’s target of 4%
Driven by increased vegetable prices and a declining year-ago base, India’s retail inflation increased to […]
Highlights of the RBI Monetary Policy Meeting: The RBI becomes “neutral,” setting the stage for future rate reductions.
Highlights of the RBI’s Monetary Policy Meeting: The RBI’s rate-setting panel maintained the benchmark repo […]