The South African Reserve Bank (Sarb) is anticipated to maintain its current interest rate at 7.5% per annum on Thursday, as it takes a measured approach to assess the potential ramifications of ...

From the list of bank holidays to every rule related to the account, everything is made by the Reserve Bank of India. Whenever someone violates the banking rules, action is taken against that bank by ...

Supreme Court held that as there was no privity of contract between the concerned parties therein, no ‘ deficiency ’ would arise and the action (complaint) would not be maintainable before the ...

Indian non-bank finance firms must step up oversight of liquidity and credit risks while strengthening board-level controls, ...

The MPC's accommodative stance and repo rate cut aim to bolster India's growth, projected at 6.5% for FY26, amidst global ...

Is Today A Bank Holiday? According to the Holiday Calendar by Reserve Bank of India (RBI) - which regulates all banks - the majority of banks in India will remain closed on Tuesday, i.e. April 1 ...

The Reserve Bank appears to have caved to pressure with its decision to review its capital requirements. The central bank introduced stricter rules in 2019, requiring banks to hold capital to ...

Previously, RBI’s Master Direction on Transfer of Loan Exposures (MD-TLE), 2021, applied uniform regulations to all SRs, regardless of sovereign backing. The new guidelines recognize the lower risk ...

The Reserve Bank of India on Friday permitted banks to increase charges on ATM cash withdrawals beyond the mandatory free monthly usage by Rs 2 to Rs 23 per transaction from May 1. Customers are ...

These charges will be applicable once users exhaust their free monthly limits; Five transactions in metro cities and three in non-metros at other banks' ATMs. The Reserve Bank of India (RBI ...

This seems to be the informal mandate from the Reserve Bank of India (RBI) to IndusInd Bank’s board of directors, which is set to meet soon to kick-start the search process for a CEO.

Concerned about potential bad loans, the RBI's tighter lending norms aimed to mitigate risk. Banks simultaneously reduced lending to optimise their credit-deposit ratio - a key liquidity metric ...