India, Reserve Bank and RBI

India's central bank relaxes certain norms for urban co-operative banks
India's central bank on Monday revised certain norms for urban co-operative banks (UCBs), with a view of providing them with greater operational flexibility, while meeting regulatory objectives. UCBs are financial institutions operating in urban and semi-urban areas,
New India Co-operative Bank's depositors can withdraw up to Rs 25,000 from Feb 27, says RBI
With this relaxation, more than 50% of the total depositors will be able to withdraw their entire balances, says RBI
Over 50% of New India Co-op Bank depositors can withdraw full savings as RBI eases curbs
The RBI had placed All-Inclusive Directions (AID) on the bank on February 13, preventing any withdrawals due to concerns over its liquidity and financial stability.
India's RBI allows New India Co-op Bank depositors to withdraw up to 25,000 rupees
India's central bank said on Monday it would allow depositors of troubled New India Co-operative Bank to withdraw up to 25,000 rupees (about $290) from their accounts. The RBI on Feb. 13 barred the lender from issuing new loans,
RBI Expands Operational Flexibility for Urban Cooperative Banks (UCBs) on Lending Norms
The Reserve Bank of India (RBI) has introduced measures to enhance the operational flexibility of Urban Cooperative Banks (UCBs), allowing them greater freedom in lending without compromising regulatory objectives.
Post New India Co-op Bank restrictions, RBI revises some lending norms for urban cooperative banks
RBI has revised some lending norms for urban co-operative banks, including expanding the definition of small-value loans, hiking real estate exposure limits and provisioning requirements for investment in Security Receipts.
India non-bank lender IIFL Finance may see a drop in annual earnings, Fitch says
Indian non-bank lender IIFL Finance will likely see its annual earnings fall from a year earlier due to reduced net interest ...
New India Co-op Bank Despositors can withdraw up to Rs 25,000 soon in big relief for A/C holders
In a sigh of relief for irked customers of New India Co-operative Bank, the RBI on Monday permitted withdrawals of up to Rs ...
Press Trust of India on MSN10h
World Bank says India will continue to be fastest growing economy: Modi
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Naming ex-India central bank chief Das as key aide highlights Modi's economic focus
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‘World Bank says India will continue to be world’s fastest growing economy’: PM Modi at Global Investors Summit 2025
PM Modi noted Madhya Pradesh’s significant role in India’s electric vehicle revolution, positioning the state among the ...
Rajasthan Bank Holidays in May 2025
Rajasthan follows a comprehensive schedule of banking holidays in 2025, encompassing national holidays, state festivals, and important observances. In addition to the holidays designated by the ...
India’s Economic Growth Set to Pick Up Pace, Central Bank Says
India’s economy has recovered its lost momentum and consumption demand may improve on the back of moderating inflation and ...
India's central bank flags concerns in unsecured lending, capital markets frenzy
India's central bank has seen concerns of over-leveraging in unsecured lending and frenzy in capital markets, Deputy Governor ...