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On 14th February, they found themselves rushing to withdraw their money on learning that the Reserve Bank of India (RBI) had dismissed the Bank’s board and imposed strict operational restrictions.

Shares of CreditAccess Grameen are trading with gains of as much as 12% on Thursday, February 27, while those of Bandhan Bank are trading with gains of nearly 8% post the recent RBI announcement on ...

In a major relief to non-banking finance companies (NBFCs), the Reserve Bank of India (RBI) on Tuesday slashed the risk weights of bank loans to NBFCs by 25 percentage points depending on the ratings.

The RBI has also put on hold its earlier proposals to increase the capital that banks must set aside for new project loans and the liquidity they need to maintain for digital deposits. Listen to Story ...

The RBI then raised risk weights on banks’ exposure to NBFCs by 25 percentage points, over and above the risk weight associated with the given external rating. The revised risk weights will be ...