RBI

RBI Mandates Banks to Seek Prior Approval for Foreign Currency Deposit Schemes

Banks will need to seek prior approval before extending any foreign currency…

Corporate Houses Can Now Have 15% Stake in Banks Via Their NFBCs

The Reserve Bank of India (RBI) permits non-promoters to have up to…

RBI to Review and Strengthen the ‘Risk Based Supervision’ Model of Banking Sector

To enable financial sector players to address the emerging challenges, the Reserve…

RBI Flags Reliance on Retail Loans; Suggests Focus on Industrial Lending

In a recent development, the Reserve Bank of India (RBI) has flagged…