Reserve Bank Of India Rbi Provisions.
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RBI Raises Promoter Stake's Cap To 26% From 15% In Private Banks
RBI today raised the cap on promoter's stake in private banks, to 26 per cent - in the long run, from the current15 per cent limit, of the paid-up voting equity share capital of the bank.
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RBI Imposes Rs 25 Lakh Penalty On Axis Bank For Violating Certain Norms
RBI imposed a monetary penalty of Rs 25 lakh on Axis Bank as it failed to comply with certain provisions of Know Your Customer (KYC) norms.
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RBI Raises Incentives For Distribution Of Coins To Rs 65 From Rs 25 Per Bag
The Reserve Bank of India (RBI) increased incentives for banks for the distribution of coins to the general public to Rs 65 from Rs 25 per bag.
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RBI Issues New Instructions On Locker Management: What You Need To Know
RBI said that to ensure transparency in the allotment of lockers, banks should maintain a branch-wise list of the vacant lockers as well as a wait-list in the core banking system
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Inflation To Remain Within Projected Range In 2021-22: RBI
RBI raised its 2021/22 inflation forecast to 5.7 per cent from 5.1 per cent and reiterated that it will continue to keep monetary policy accommodative as long as necessary to revive and sustain growth on a durable basis.
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G-SAP 2.0: RBI's Second Open Market Purchase Of Government Securities On July 22
G SAP 2.0: The Reserve Bank of India announced that it will conduct the second tranche of open market purchase of government securities under G-SAP 2.0 on July 22, 2021.
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RBI Imposes Penalty On These 14 Banks For Violation Of Norms: Check Full List
Reserve Bank of India imposed penalties - ranging between Rs 50 lakh to Rs 2 crore, on 14 banks for contravention of regulatory norms, including lending to non-banking financial companies or NBFCs.
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RBI Norms Enable Secure Banking Ecosystem, D-Street May Be Disappointed: Experts
The RBI re-opened its one-time loan restructuring plan for individuals, small businesses, and micro, small and medium enterprises currently affected by the state-wise lockdown restrictions.
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RBI Caps Withdrawal Limit From Deccan Urban Co-operative Bank At ₹1,000 For Six Months
The Reserve Bank has barred Deccan Urban Co-operative Bank from granting new loans or accepting deposits and customers cannot withdraw more than Rs 1,000 from their accounts for six months.
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RBI Keeps Rates At Record Lows, Liquidity Stance To Be Closely Watched By Markets
With rates expected to remain steady, most economists and analysts regarded the RBI's views on liquidity as crucial.
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Top Court Seeks Centre's Reply On Appointing WhatApp 'Grievance Officer'
The Supreme Court today asked the Centre to file its reply on a plea alleging that WhatsApp does not comply with the Indian laws, including the provision for appointing a grievance officer.
-
RBI Raises Promoter Stake's Cap To 26% From 15% In Private Banks
RBI today raised the cap on promoter's stake in private banks, to 26 per cent - in the long run, from the current15 per cent limit, of the paid-up voting equity share capital of the bank.
-
RBI Imposes Rs 25 Lakh Penalty On Axis Bank For Violating Certain Norms
RBI imposed a monetary penalty of Rs 25 lakh on Axis Bank as it failed to comply with certain provisions of Know Your Customer (KYC) norms.
-
RBI Raises Incentives For Distribution Of Coins To Rs 65 From Rs 25 Per Bag
The Reserve Bank of India (RBI) increased incentives for banks for the distribution of coins to the general public to Rs 65 from Rs 25 per bag.
-
RBI Issues New Instructions On Locker Management: What You Need To Know
RBI said that to ensure transparency in the allotment of lockers, banks should maintain a branch-wise list of the vacant lockers as well as a wait-list in the core banking system
-
Inflation To Remain Within Projected Range In 2021-22: RBI
RBI raised its 2021/22 inflation forecast to 5.7 per cent from 5.1 per cent and reiterated that it will continue to keep monetary policy accommodative as long as necessary to revive and sustain growth on a durable basis.
-
G-SAP 2.0: RBI's Second Open Market Purchase Of Government Securities On July 22
G SAP 2.0: The Reserve Bank of India announced that it will conduct the second tranche of open market purchase of government securities under G-SAP 2.0 on July 22, 2021.
-
RBI Imposes Penalty On These 14 Banks For Violation Of Norms: Check Full List
Reserve Bank of India imposed penalties - ranging between Rs 50 lakh to Rs 2 crore, on 14 banks for contravention of regulatory norms, including lending to non-banking financial companies or NBFCs.
-
RBI Norms Enable Secure Banking Ecosystem, D-Street May Be Disappointed: Experts
The RBI re-opened its one-time loan restructuring plan for individuals, small businesses, and micro, small and medium enterprises currently affected by the state-wise lockdown restrictions.
-
RBI Caps Withdrawal Limit From Deccan Urban Co-operative Bank At ₹1,000 For Six Months
The Reserve Bank has barred Deccan Urban Co-operative Bank from granting new loans or accepting deposits and customers cannot withdraw more than Rs 1,000 from their accounts for six months.
-
RBI Keeps Rates At Record Lows, Liquidity Stance To Be Closely Watched By Markets
With rates expected to remain steady, most economists and analysts regarded the RBI's views on liquidity as crucial.
-
Top Court Seeks Centre's Reply On Appointing WhatApp 'Grievance Officer'
The Supreme Court today asked the Centre to file its reply on a plea alleging that WhatsApp does not comply with the Indian laws, including the provision for appointing a grievance officer.
