Mumbai: In a major supervisory action, the Reserve Bank on Wednesday indefinitely barred the US-based Mastercard…
Tag: RBI
RBI imposes penalty on 14 banks for violation of norms
The Reserve Bank of India (RBI) imposed monetary penalties – ranging between ₹ 50 lakh to…
RBI imposes penalties on 4 cooperative banks
Mumbai: The Reserve Bank on Tuesday said it has imposed penalties on four co-operative banks, including…
Further rate cuts not likely, RBI may retain accommodative stance
The Monetary Policy Committee (MPC) of the RBI on Wednesday kicked off its three-day deliberations with…
Restoring livelihoods has become an imperative, says RBI Governor
The situation has reversed from being on foothills of strong economic recovery to facing a fresh…