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.
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.
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.
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.
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.
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.
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.
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.
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