Reserve Bank of India

RBI Urges Payments Banks to Share Infrastructure

By Editors | 22/10/2015

The Reserve Bank of India has suggested for newly-licensed payments banks to share infrastructure among each other in a bid to minimise costs and enable greater financial inclusion.

RBI Eases Lending Requirements for Low-Cost Housing

By Editors | 13/10/2015

Announcement of reduction in minimum risk weights and an increase in the loan-to-value ratio is a bid to boost demand for low-cost housing.

RBI Orders Corrective Action on State-Run Bank

By Editors | 07/10/2015

Indian Overseas Bank is required to improve internal controls and deal with mounting non-performing assets.

India to Increase Foreign Investment Limit for Govt. Bonds

By Editors | 01/10/2015

The Reserve Bank of India will increase the foreign investment limit in central government securities to 5 percent of the outstanding stock by March 2018, including for foreign investors.

RBI Announces Measures to Hasten Bad Debt Restructuring

By Editors | 27/09/2015

SBI and ICICI bank get permanent seat at the joint lenders forum for distressed assets.

India Relaxes Equity Investment Norms for Banks

By Editors | 20/09/2015

Lenders will no longer need prior approval to make equity investments if they have a capital risk-weighted asset ratio exceeding 10 percent and have made a profit in the previous financial year.

RBI to Cap Members in Lending Consortium

By Editors | 19/09/2015

The Reserve Bank of India is planning to restrict the numbers of members in the Joint Lenders’ Forum in a bid to ease the difficulties banks often face in resolving distressed assets.

RBI Consults on Base Rate Calculation Methodology

By Editors | 05/09/2015

The Reserve Bank of India (RBI) has issued for consultation draft guidelines for banks to adopt the marginal cost of funds methodology for base rate calculations.

India Releases List of Domestic Systemically Important Banks

By Editors | 02/09/2015

The Reserve Bank of India has designated the State Bank of India and ICICI Bank as Domestic Systemically Important Banks.