MUMBAI: RBI has proposed a new route for banks and NBFCs to offload bad loans, allowing them to bundle and sell stressed assets directly to investors through special purpose entities set up by ...

The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently. This new directive, issued on April 21 ...

The RBI's second consecutive 25 bps rate cut is expected to lower interest rates on your home loan and personal loan. We take a look at what experts say about benefit to borrowers.(Image ...

(Bloomberg) India's central bank, the Reserve Bank of India (RBI), announced on Monday, April 21, that minors above the age of 10 will be able to open and operate independent bank accounts ...

The Reserve Bank of India (RBI) will likely cut repo rate by up to 100 basis points (bps) more in the current easing cycle, economists say. The RBI, under Governor Sanjay Malhotra, has cut repo ...

The Reserve Bank of India (RBI) in its April 2025 bi-monthly monetary policy statement once again reduced the policy repo rate by 25 basis points (bps) to 6.00% with immediate effect. (Image ...

The RBI also proposes that hallmarked gold be accorded preferential treatment with the margin and interest rates set accordingly. Other than this, the RBI proposes that aggregate weight of silver ...

Penalty of Rs 29.6 lakh has been imposed on Punjab National Bank for non-compliance with certain directions issued by RBI on 'Customer Service in Banks'. The Reserve Bank of India (RBI), in a ...

The Reserve Bank of India (RBI) has decided to operationalise the exclusive internet domain ‘.bank.in’ for banks to combat the increasing instances of fraud in digital payments. All banks have ...

The RBI's gold acquisitions align with the worldwide trend of central banks actively purchasing gold. (AI image) RBI’s largest gold acquisition occurred in 2021-22 with 66 tonnes ...

Investopedia / Michela Buttignol The Reserve Bank of India (RBI) is the central bank of India, originally established as a private entity in 1935, then nationalized in 1949. What Is the Reserve ...

Sankar is currently overseeing the key portfolios of the FinTech Department, the Financial Markets Operations Department, and the Financial Markets Regulation Department at the Reserve Bank of India ...