These directions came into effect on from the close of business on Thursday and are expected to remain in force for a period ...

The RBI imposed restrictions on Mumbai's New India Co-operative Bank due to liquidity issues, limiting withdrawals, loan ...

The dollar/rupee near forward premiums pushed higher this week on the back of the dollar liquidity spurred by the Reserve ...

Mumbai's New India Co-operative Bank faces a crisis as the RBI bars it from issuing new loans and suspends withdrawals for ...

These restrictions came into effect on Thursday (February 13) and will remain for six months, subject to review.

The bank has been barred from accepting new deposits or allowing withdrawals, leaving account holders in distress ...

The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...

Reserve Bank of India (RBI) has issued a notice to New India Co-operative Bank imposing restrictions, which prohibits it from ...

The RBI on Thursday imposed several restrictions on city-based New India Co-operative Bank, including on withdrawal of funds ...

RBI bars New India Co-operative Bank from transactions, assures deposit insurance up to ₹5 lakh, monitoring financial ...

RBI’s move comes after what it called 'recent material developments' at the bank. Although the central bank did not provide ...

NBFCs urge RBI to raise the ECB limit, ease SARFAESI norms for small loans, expedite eKYC approvals, and relax asset ...