RBI fines Sundargarh District Central Co-operative Bank, Odisha Rs 3 lakh for regulatory breaches. Violations include Banking ...

If granted an extension, Shaktikanta Das would become the longest-serving head of India's central bank since Sir Benegal Rama ...

The Reserve Bank of India is focused on plugging gaps in the know-your-customer norms by introducing stringent rules and ...

The action comes days after RBI Deputy Governor Swaminathan J told bank boards to ensure that the KYC norms are followed amid ...

Reserve Bank of India (RBI) has imposed a penalty of Rs8.35 lakh on five cooperative banks, including four from Gujarat and one from Odisha, for non-compliance with the directions issued by the ...

Reserve Bank of India (RBI) has imposed a penalty of over Rs8.50 lakh on five cooperative banks for non-compliance with the ...

"Price stability is as important as growth in enabling economic agents to plan ahead, reducing uncertainty and the inflation ...

RBI Deputy Governor highlights concerns with KYC implementation, frozen accounts, outdated data, and customer grievance ...

Expressing that the Union is not taking the matter seriously, the Supreme Court today granted final opportunity to the Union of India to respond to a public interest litigation seeking CBI ...

RBI has been turning up the heat to strictly enforce KYC guidelines, which mandate banks and other lenders to ask for proofs ...

On growth, RBI says the lack of speed in Q2 is "behind us" as private consumption is back to being the driver of domestic ...