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RBI to issue guidelines for bank licences this year

Last Updated: Friday, July 04, 2014, 11:38

The Reserve Bank of India (RBI) will issue the guidelines that will be used to grant on-tap and differentiated banking licenses later this year, deputy governor R. Gandhi told reporters on the sidelines of an event on Friday.

RBI not to issue fresh NBFC licence for one year

Last Updated: Tuesday, April 01, 2014, 23:07

However, COR applications already received by the Bank on or before March 31, 2014, will be disposed of in the normal course, it said.

RBI notifies final guidelines on bad loans for NBFCs

Last Updated: Friday, March 21, 2014, 23:01

The Reserve Bank on Friday came out with final guidelines for the non-banking finance companies (NBFCs) with regard to the early detection and recovery of bad loans.

IOB hikes foreign currency NRI deposit rates by up to 175 bps

Last Updated: Wednesday, May 09, 2012, 14:32

Public sector Indian Overseas Bank (IOB) has increased interest rates in foreign currency non-resident (Banking) accounts by 175 basis points for deposits of three to five years.

RBI issues guidelines on accepting foreign contribution

Last Updated: Thursday, February 09, 2012, 19:07

The RBI Thursday issued guidelines which stipulate that entities have to get themselves registered with the central government before accepting any foreign contribution and banks will have to forward the report of receipts of such transfers to the government.

RBI sets pay guidelines for private, foreign bank execs

Last Updated: Saturday, January 14, 2012, 14:17

The Reserve Bank of India has set guidelines for compensation of senior bank executives, imposing restrictions on guaranteed bonus, severance pay as well as a cap on variable pay, in line with global moves to rationalise pay structures and curb risktaking.

RBI guidelines on MFI sector a positive: Crisil

Last Updated: Wednesday, December 07, 2011, 21:11

The Reserve Bank's recent guidelines on the MFI sector will prove to be a positive and structurally strengthen it over the long run, ratings agency Crisil said Wednesday.

RBI guidelines on Credit Default Swap operational from Thursday

Last Updated: Thursday, December 01, 2011, 17:58

RBI on Thursday operationalised new guidelines on credit default swap (CDS), directing market participants to report such trades within 30 minutes to the Clearing Corporation's online repository.

RBI defers operationalisation of CDS guidelines till Nov-end

Last Updated: Friday, October 21, 2011, 14:05

The RBI has deferred operationalisation of its credit default swap (CDS) guidelines by a month till November-end to give market participants like banks and other financial institutions more time to clarify details on documentation and operational aspects.

SBI needs Rs 7,900 cr to keep Tier I cap at 8%

Last Updated: Thursday, October 20, 2011, 15:48

Country's largest lender State Bank of India (SBI) Thursday said it would require Rs 7,900 crore to keep its Tier I capital at 8 percent as per RBI guidelines, a senior official of the bank said.

Now pay upto Rs 50,0000 using cell phones

Last Updated: Thursday, May 05, 2011, 00:58

Relaxing the norms for making payments using mobile phones, known as m-wallet, the Reserve Bank today decided to increase the limit of money-loading to Rs 50,000 from the existing limit of Rs 5,000.