Currently, while foreign investors, including portfolio investors, can own up to 74 per cent in Indian banks, regulations cap a strategic foreign investor’s stake at 15 per cent. However, the RBI can ...

This counts towards the RBI’s revenue. Then, the central bank also lends money to the Central government, State governments, and commercial banks with interest.

Dubai's largest lender, Emirates NBD, has gained a significant edge in its pursuit to acquire a majority stake in IDBI Bank, a prominent Indian lender, following the Reserve Bank of India’s (RBI ...

The RBI said that Emirates NBD Bank PJSC currently operates under the branch mode through its branches located in Chennai, Gurugram and Mumbai. In India, it reported a loan book of ₹4,641.6 ...

The Reserve Bank of India (RBI) has imposed fines on Kotak Mahindra Bank, IDFC First Bank, and Punjab National Bank (PNB) for some deficiencies in regulatory compliance. The central bank gave this ...

SBM Bank India plans to launch unsecured credit cards, expand branch network, and target one million customers in two years.

What is bank.in domain? The newly announced bank.in domain is the latest step from the RBI to counter the rising cases of cyber-related banking fraud in the country.

The applications for Universal Banks and Small Finance Banks are initially screened by the regulator, to ensure 'prima facie eligibility'. Thereafter, the Standing External Advisory Committee ...

The Reserve Bank of India is looking for new sovereign partners to join its instant-settlement, cross-border digital payments program.

State Bank of India, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) in the 2024 list of this category.

Union finance minister Nirmala Sitharaman, after a meeting with RBI's Central Board, emphasised the importance of banks focusing on mobilising deposits and lending. She urged banks to create ...

D'Reserve Bank of India (RBI) huet, duerch en Uerder vum 10. Abrëll 2024, eng monetär Strof vun Rs 88.70 lakh (Rupees Eighty Eight Lakh Seventy Thousand nëmmen) op SBM Bank (India) Ltd. Konditioune ...