rbi Archives - Page 12 of 43 -

30 regional rural banks get education loan cover

07/06/2023
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Education loans offered by around 30 regional rural banks (RRBs) will now have the credit shield from the Credit Guarantee Fund Scheme for Education Loans, […]

Bank loan rates drop in April, a first in 11 months

07/06/2023
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Bank lending rates declined for the first time in April after rising for 11 consecutive months, data from the Reserve Bank of India showed. The […]

BFSI

As Rs 2000 notes flow back, 80% stay within banking system

06/06/2023
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Bankers expect a 150-basis-point rise in deposit levels as the initial few days into the mandated exchange of ₹2,000 banknotes showed that almost 80% of […]

BFSI

Insistence of physical visits to bank branches may be avoided, says RBI committee

06/06/2023
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Insistence on physical visits, physical presentation of documents for closure of bank accounts may be done away with if the Reserve Bank decides to implement […]

BFSI

Bank of Baroda launches facility for cash withdrawals using UPI on its ATMs

06/06/2023
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Bank of Baroda on Monday announced launch of Interoperable Cardless Cash Withdrawal (ICCW) facility wherein a customer can withdraw cash using UPI from the bank’s […]

BFSI

Increase in ransomware cases in banks, RBI tells Parliamentary panel

05/06/2023
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There has been an increase in ransomware cases in banks, and data exfiltrated from such attacks and made available in dark webs pose serious concerns, […]

IOB-led lenders group puts Sion Panvel Tollways’ ₹862-cr bad loan on sale

03/06/2023
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Lenders, led by Indian Overseas Bank (IOB), are selling ‘862 crore of bad loans from Sion Panvel Tollways (SPTL), the concessionaire originally tasked with collecting […]

BFSI

RBI imposes Rs 2.2-crore penalty on Indian Overseas Bank

03/06/2023
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Reserve Bank on Friday imposed a penalty of Rs 2.20 crore on state-owned Indian Overseas Bank (IOB) for non-compliance of income recognition and other deficiencies […]