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RBI scraps plan to restrain banks on current accounts

Mumbai, Dec. 12 -- The Reserve Bank of India (RBI) has withdrawn its proposal that had said that only two banks should be allowed to open current accounts for a corporate borrower, with each of the le... Read More


RBI scraps plan to restrain banks on current accounts

Mumbai, Dec. 12 -- The Reserve Bank of India (RBI) has withdrawn its proposal that had said that only two banks should be allowed to open current accounts for a corporate borrower, with each of the le... Read More


RBI scraps plan to limit corporate current accounts to two big lenders

New Delhi, Dec. 11 -- The Reserve Bank of India (RBI) has withdrawn its proposal that had said that only two banks should be allowed to open current accounts for a corporate borrower, with each of the... Read More


Open door, open mind: How Sanjay Malhotra quietly liberalised RBI in his first year

New Delhi, Dec. 10 -- When Sanjay Malhotra walked into Mint Street a year ago, few expected him to move as quickly and as boldly as he did to reform one of the country's most tightly controlled sector... Read More


As Fino becomes small finance bank, the focus shifts to secured lending

New Delhi, Dec. 6 -- Fino Payments Bank, the first payments bank to receive an in-principle nod from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB), is gearing up for a ... Read More


RBI gives Fino Payments Bank in-principle approval to convert to small finance bank

MUMBAI, Dec. 5 -- The Reserve Bank of India on Friday said it has granted in-principle approval to Fino Payments Bank Ltd (FPBL) to transition into a small finance bank (SFB). With this, Fino becomes ... Read More


RBI rate decision: Pause, cut - or just punt? Five signals to watch for today

New Delhi, Dec. 5 -- As the Reserve Bank of India (RBI) prepares to deliver its policy decision on 5 December, market participants remain split on the central bank's move this time. The policy comes i... Read More


RBI rate cuts decision: Pause, cut - or just punt? Five signals to watch for today

New Delhi, Dec. 5 -- As the Reserve Bank of India (RBI) prepares to deliver its policy decision on 5 December, market participants remain split on the central bank's move this time. The policy comes i... Read More


RBI Policy: Five signals to watch as the MPC weighs a tricky call

New Delhi, Dec. 5 -- As the Reserve Bank of India (RBI) prepares to deliver its policy decision on 5 December, market participants remain split on the central bank's move this time. The policy comes i... Read More


No targets for rupee, it's market play: RBI governor

New Delhi, Dec. 5 -- Two days after the rupee briefly breached the 90-per-dollar mark for the first time, Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday reaffirmed that the central ban... Read More