The Reserve Bank of India has proposed relaxing norms for investments in alternate investment firms by regulated entities (REs) in the aftermath of its earlier tightening bringing in financial ...

Co-operatives commissioner and registrar of co-operative housing societies, Maharashtra, on May 30 appointed administrator for Yashwant Co-operative Bank Ltd following complaints of irregularities ...

The Reserve Bank of India significantly reduced its gold repatriation in the second half of fiscal year 2025, bringing home only 1.53 tonnes compared to 102.15 tonnes in the previous six months.

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...

Home IFSC code Reserve Bank Of India Maharashtra Mumbai Rbi Neft Rtgs Gst Collection Check IFSC Code and MICR code of Reserve Bank Of India Rbi Neft Rtgs Gst Collection branch in Mumbai ...

The Reserve Bank has fined five banks, including ICICI (Rs 97.80 lakh) and Bank of Baroda (Rs 61.40 lakh), for regulatory non-compliance. Other penalties include IDBI (Rs 31.80 lakh) and Bank of ...

Investopedia / Michela Buttignol The Reserve Bank of India (RBI) is the central bank of India, originally established as a private entity in 1935, then nationalized in 1949. What Is the Reserve ...

Operating profit for FY25 grew by 17 per cent YoY to ₹16,412 crore. Bank of India's net interest income (NII) for FY25 increased by 6 per cent YoY, while domestic NIM for FY25 stood at 3.10 per ...

Following a deterioration in Yes Bank’s financial position, the Reserve Bank of India (RBI) superseded the board in March 2020. Soon after, a clutch of banks led by SBI rescued Yes Bank.

The deal is subject to regulatory and statutory approvals, including from the Reserve Bank of India and the Competition Commission of India. Yes Bank said that the transaction is a significant ...

The transaction is subject to regulatory approvals from the Reserve Bank of India, Competition Commission of India and shareholders of the Bank. Shares of Yes Bank have risen 7.5% since the ...

met Reserve Bank of India officials earlier this month regarding the bid. The Hindujas already have a significant shareholding in IndusInd bank.