RBI proposes shifting banks to Expected Credit Loss-based provisioning from April 2027, aligning norms with global standards ...

The central bank introduced staging criteria for asset classification under the ECL approach, while retaining the extant ...

The Reserve Bank of India on Tuesday proposed changes to the way banks assign risk weightage to loans and the so-called ...

RBI includes State and Central Co-operative Banks under the Integrated Ombudsman Scheme, 2021, effective November 1, 2025, for customer grievance ...

Axis Bank's Amitabh Chaudhry announced the bank's intention to dominate the domestic mergers and acquisitions financing ...

The Reserve Bank of India has taken over the board of Irinjalakuda Town Co-operative Bank. This action is due to the bank's ...

Estimating the total number of CBDC users at around 7 million, RBI's deputy governor T. Rabi Sankar says the central bank is ...

The absence of an interest rate cut this week does not mean there is no space for it. But the RBI has chosen to push the ...

The Reserve Bank of India has cancelled the banking licence of Jijamata Mahila Sahakari Bank, Satara, citing inadequate ...

India will introduce a sovereign-backed digital currency under the Reserve Bank of India (RBI), as it discourages the use of ...

The new offering will leverage blockchain technology for faster and safer transactions, minister Piyush Goyal said.

According to the RBI, the action was “necessitated due to certain material concerns emanating from continued poor financial ...