RBI_indianbureaucracy
Central

Violation of RBI Regulations

November 28, 2016

The Reserve Bank of India has imposed a penalty of Rs 5 crore on Bank of Baroda (BoB) in connection with the Rs 6,100-crore

minimum-balance-indian-bureaucracy
Central

Minimum Balance in Saving Accounts

November 28, 2016

Negative balances in savings accounts due to penalty charges are now history following a directive from the central bank. The RBI has asked banks

rbi-indian-bureaucracy
Central

Registration of NBFCs

November 25, 2016

In view of the problems being faced by NBFC in complying with the extant this criteria on account of their existing portfolio, the RBI

FICCI
FICCI

RBI holds rates on inflation concerns

August 23, 2016

Reserve Bank of India (RBI) Governor Raghuram Rajan left the benchmark interest rate unchanged on Tuesday citing “upside” risks to its target of 5