RBI
Urjit Patel seeks more teeth for RBI to police state-run banks
15 Mar 2018
In the wake of the massive fraud at the Punjab National Bank, RBI Governor Urjit Patel said the central bank had "very limited authority" over state-run banks, where ‘dual regulation’ by the state and the RBI is leading to problems
RBI tightens rules for bad-loan resolution
13 Feb 2018
RBI today issued a revised framework for resolution of bank loan defaults, widening the net for bankruptcy proceedings against loan defaulters and in the process abolishing half a dozen existing loan-restructuring mechanisms
RBI cautions public about fraudulent namesake websites
13 Feb 2018
The Reserve Bank of India has cautioned the public against fake websites created by some unknown person(s), ostensibly to track and verify bank accounts of gullible internet users
RBI keeps policy rates unchanged amidst a spike in inflation
07 Feb 2018
The Monetary Policy Committee of the central bank today decided to keep the repo rate unchanged at 6 per cent and the reserve repo rate at 5.75 per cent, while holding the Bank Rate at 6.25 per cent, citing inflationary pressures
