The Reserve Bank of India (RBI) recently announced the approval of the voluntary merger of The National Co-operative Bank, Bangalore, Karnataka, with Cosmos Co-operative Bank, […]
Tag: RBI Updates
RBI slashes CRR by 50 basis points to boost liquidity and credit growth
The Reserve Bank of India (RBI) has announced a phased reduction in the Cash Reserve Ratio (CRR) by 50 basis points, bringing it down to […]
Lok Sabha passes banking laws amendment bill: major boost for governance and customer convenience
Banking Laws (Amendment) Bill, 2024, that introduces reforms designed to modernise the banking sector and enhance customer convenience was passed by vote of motion yesterday […]
RBI reaffirms State Bank of India, HDFC Bank and ICICI Bank as D-SIBs
The Reserve Bank of India (RBI) has announced State Bank of India (SBI), HDFC Bank and ICICI Bank to continue to be classified as Domestic […]