RBI
RBI extends ombudsman scheme to NBFCs
26 Apr 2019
LVB-Indiabulls Housing Fin merger has no RBI sanction
08 Apr 2019
The All India Bank Employees' Association (AIBEA) has, meanwhile, urged RBI governor Shakthikanta Das to not allow the proposed merger of Lakshmi Vilas Bank with Indiabulls Housing Finance Ltd and instead merge LVB with one of the public sector banks
RBI cuts policy repo rate by a further 25 bps to 6%
04 Apr 2019
RBI said the decision is in consonance with the objective of achieving the medium-term target for consumer price index inflation of 4 per cent within a band of (+/-) 2 per cent, while supporting growth
Supreme Court strikes down RBI's 12 February circular on NPA resolution
02 Apr 2019
The RBI circular, issued on 12 February 2019, required banks to treat a company as a defaulter even if it misses repayment schedule by a day and had set a 180-day deadline for resolution of all bad loans over Rs2,000 crore under the Insolvency and Bankruptcy Code