Tag: RBI
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RBI cancels Karnataka-based Karwar Urban Co-operative Bank’s licence over earnings prospect
India's banking regulator, the Reserve Bank of India (RBI), on Wednesday, 23 July 2025, cancelled the licence of the Karnataka-based Karwar Urban Co-operative Bank...
RBI draft: Digital banking not mandatory for other services, proposes stronger fraud protection rules
The banking regulator, the Reserve Bank of India (RBI), in an official draft, declared that banks should not mandate digital banking for users to...
RBI imposes penalty on HDFC Bank, Shriram Finance
The Reserve Bank on Friday (July 11) said it has imposed a ₹4.88 lakh penalty on HDFC Bank for contravention of certain norms relating...
RBI reviewing bank ownership rules, may allow foreign lenders to hold 26% stake
The Reserve Bank of India (RBI) is reviewing its norms on bank ownership, which may include allowing foreign banks a greater stake in local...
RBI Governor says it’s time to rethink rules as savings move away from banks
India’s banking sector is facing a significant shift in household savings patterns, with Reserve Bank of India Governor Sanjay Malhotra acknowledging that the share...
