Page 33 - Reserve Bank Of India

RBI gives Yes Bank MD & CEO Prashant Kumar 6-month extension: Lender

Yes Bank said RBI has approved a six-month extension for MD & CEO Prashant Kumar starting 6 October, as the bank initiates a search for his successor

Closer scrutiny of independent directors likely amid IndusInd Bank row

RBI's vetting process may become more intense as banking industry looks for people skilled to be 'effective board members'

RBI skips 14-day main liquidity operation for third fortnight in a row

RBI holds back 14-day operation for third fortnight, despite ₹3-3.5 tn tax outflows expected, citing adequate liquidity and short-term rate stability

RBI allows KYC updation for low-risk customers till 30 June 2026

Allows Business Correspondents to assist in KYC updation, reactivation of inoperative accounts under extended compliance timeline

RBI winds down offshore currency tool reflecting shift in strategy

Reduction in the offshore exposure accounts for most of the recent drop in the RBI's overall forward dollar positions

No lock-in FDs abroad: RBI set to tighten overseas remittance rules

Reserve Bank of India plans to block overseas fixed deposits under Liberalised Remittance Scheme to curb misuse, protect forex reserves, and prevent passive capital flight by resident Indians

RBI sends conflicting signals about monetary policy with surprise moves

The Reserve Bank of India surprised analysts last week by cutting interest rates more than expected and announcing a cash boost for banks, citing the need to spur growth

Share of small-ticket gold loans to rise as RBI eases the LTV norms

Repo rate cut, liquidity infusing to aid NBFCs performance

Two public-sector firms pull bond sales as RBI moves spark swings

The average yield on top-rated three- and five-year corporate debt rose eight basis points and nine basis points

The goal is a solid bank with tight credit, governance: Jana SFB MD & CEO

Jana Small Finance Bank's Managing Director and Chief Executive Officer discusses the bank's future plans and growth strategy

Here's why Jana Small Finance Bank share is buzzing in trade on June 10

Jana SFB shares advanced after the lender submitted an application to the Reserve Bank of India (RBI), seeking its approval to convert from a Small Finance Bank to a Universal Bank.

Bond yields harden as traders sell bonds at profit after RBI rate cut

Government bond yields rose as traders booked profits following RBI's 50 basis point repo rate cut and change in policy stance, impacting market sentiment

Jana Small Finance Bank applies to RBI for transition to universal bank

Jana Small Finance Bank has applied to the RBI for voluntary transition to a universal bank, meeting key financial criteria including NPAs below regulatory thresholds for two years

Microfinance in vicious cycle of debt, high rates, warns RBI deputy guv

RBI Deputy Governor M Rajeshwar Rao warns of high interest rates, borrower over-indebtedness, and coercive recovery in India's microfinance sector, calls for urgent lender reforms

Muthoot Finance rallies 10% in 2 days, mcap crosses ₹1 trillion; here's why

RBI's revised guidelines are structurally positive for small-ticket credit lenders like Muthoot and Manappuram Finance, believe market analysts.

Search for stability: RBI has done nearly all it can to steady economy

It is expected to enhance the transmission of the policy-rate reduction and reduce the cost of funds for the banking system

RBI's T Rabi Sankar joins 16th Finance Commission as part-time member

T Rabi Sankar's appointment comes after Ajay Narayan Jha, one of the full-time members of the commission, stepped down due to personal reasons

Monetary policy: RBI cuts repo rate by 50 bps, reverses stance to 'neutral'

Announces staggered CRR reduction of 100 bps

Things 'should soon settle down': RBI on IndusInd Bank's measures

RBI says it is satisfied with IndusInd Bank's accounting clean-up post derivatives irregularities but stresses it will act if necessary and has sharpened supervision tools

Going by past trends, transmission has happened much faster: RBI

Governor Sanjay Malhotra says monetary transmission is already outpacing past trends; FY26 growth projection held at 6.5%, but upside potential remains