The Latest Breaking News from RBI

RBI says credit ratings without lenders' info cannot be used by banks for capital computation

MUMBAI: To improve ratings disclosures on bank credit to large customers, RBI on Monday said unless rating agencies disclose names of all lenders in their rating statements, banks cannot use such ratings for capital computation for making provisions.

The Times of India · Oct 10, 2022

Financial bids for IDBI Bank likely to be invited by March, sale process to conclude next fiscal

NEW DELHI: The financial bids for IDBI Bank privatisation is likely to be invited by March and the conclusion of the sale process is expected in the next financial year, officials said.

The Times of India · Oct 10, 2022

Supreme Court asks petitioner to move RBI to control, keep checks on unauthorised online money lending platforms

The court also recorded the petitioner’s prayer that RBI should also intervene to protect the personal data of users.

The Hindu · Oct 10, 2022

Yes Bank gets RBI nod for appointment of Prashant Kumar as MD and CEO

NEW DELHI: The Reserve Bank of India has approved the appointment of Prashant Kumar as MD and CEO of Yes Bank for three years with effect from October 6, 2022.

The Times of India · Oct 6, 2022

RBI asks credit info companies to appoint internal ombudsman by April 1 next year

MUMBAI: The Reserve Bank on Thursday asked Credit Information Companies to appoint internal ombudsman by April 1 next year in order to improve the efficiency of their grievance redressal mechanisms.

The Times of India · Oct 6, 2022

Sebi cancels registration of Brickwork Ratings; directs it to wind down operations in 6 months

NEW DELHI: Capital markets regulator Sebi on Thursday cancelled the licence of Brickwork Ratings India and directed the credit rating agency to wind down its operations within six months for allegedly violating various rules.

The Times of India · Oct 6, 2022

Letters to the Editor — October 6, 2022

RBI and letter

The Hindu · Oct 5, 2022

With the rupee under pressure, what next

Even though a crisis is unlikely because of differences between the external situation then and now, India could still remain vulnerable on many counts

The Hindu · Oct 3, 2022

Boxed in: On need for inflation control as top policy priority

As high prices restrain consumption, inflation control must be the top policy priority

The Hindu · Oct 2, 2022

Inflation on RBI radar; repo rate hiked

The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday raised the policy repo rate –

The Hindu · Oct 1, 2022