rbi Archives - Page 34 of 44 -

RBI OKs Hinduja hiking IndusInd Bank stake

03/02/2023
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The Reserve Bank of India (RBI) has given in-principle and conditional approval to IndusInd International Holdings Ltd, a Hinduja Group entity, to raise its stake […]

47.8 cr Jan Dhan accounts opened, says FM Sitharaman

02/02/2023
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As many as 47.8 crore Jan Dhan accounts have been opened so far, a scheme which was launched in 2014 as a national mission for […]

Govt unveils new savings scheme for women with 7.5% fixed interest rate for 2 years

02/02/2023
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A ‘Mahila Samman Saving Certificate’ with a fixed interest rate of 7.5 per cent for two years was announced on Wednesday by Finance Minister Nirmala […]

BFSI

Govt proposes changes in Banking Regulation Act, other laws to enhance investors’ protection

02/02/2023
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To improve bank governance and enhance investors’ protection, Finance Minister Nirmala Sitharaman on Wednesday proposed certain amendments to the Banking Regulation Act, the Banking Companies […]

BFSI

No bad news is good news; pvt capex will take one more year to revive: Bankers

02/02/2023
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Bankers welcomed Finance Minister Nirmala Sitharaman’s budget proposals as being growth accretive, and hailed the focus on capital expenditure while continuing with fiscal consolidation. On […]

BFSI

RBI relaxes restrictions on SBM Bank India until March 15

01/02/2023
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The Reserve Bank on Tuesday relaxed the restrictions on SBM Bank (India) and allowed ATM/POS transactions under Liberalised Remittance Scheme (LRS) till March 15. The […]

Gold loan NBFCs seek ‘priority’ sector status

31/01/2023
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Gold loan non-banking finance companies (NBFCs) have sought ‘priority’ sector status for eligible gold loans, including microloans, loans to farmers and micro businesses in the […]