The Reserve Bank of India's Ombudsman managed to dispose of 95.1% of complaints in the fiscal year 2023-24. A total of 9,34,355 complaints were submitted, mainly through digital channels. Complaints ...

The move has been initiated at a time when Sanjay Malhotra has just taken over as the new Governor of the RBI succeeding ...

Freebies are desirable but there has got to be restraint as they are an enormous fiscal burden, former Reserve Bank of India ...

The Reserve Bank has imposed financial penalties on Jammu and Kashmir Bank, Bank of India, and Canara Bank for regulatory ...

The RBI Ombudsman Scheme disposed of 95.1% of complaints received in FY24, with a focus on digital grievance redress and ...

RBI imposes monetary penalty on Canara Bank, Bank of India, J&K Bank for non-compliance of KYC norms, loan breaches ...

The Reserve Bank on Friday said it has penalised Jammu and Kashmir Bank, Bank of India, and Canara Bank for deficiencies in ...

Some large Indian lenders’ earnings have been more robust. Kotak Mahindra Bank’s shares jumped more than 9 per cent on Monday after it posted a 10 per cent rise in quarterly profit, even as money set ...

The rules, which will kick in from April 1, require banks covered under LCR to maintain a stock of high quality liquid assets ...

The Central Bank Digital Currency (CBDC) could be used for the collection of micro-loans as an innovative tool to streamline ...

IDFC First Bank Ltd. estimates 2 trillion rupees ($23.1 billion) of transfer by the Reserve Bank of India while QuantEco ...