The Reserve Bank of India is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of the entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India.RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country. Read More
The family of Santosh Kumar Bagla has sought the cancellation of the banking licence of Kotak Mahindra Bank Ltd for its role in a scam of forgery of documents. ...
The Mumbai Police's Economic Offences Wing (EOW) on Wednesday said Punjab & Maharashtra Cooperative Bank Ltd scam prime accused and its ex-chairman S. Waryam Singh is not cooperating with the probey. ...
A 51-year-old former employee of Jet Airways, who had deposits worth Rs 90 lakhs in the Punjab and Maharashtra Co-operative (PMC) Bank, died hours after participating in a protest rally by depositors here on Monday. ...
The Reserve Bank of India on Wednesday rejected the merger of Lakshmi Vilas Bank and India Bulls Housing Finance Ltd, months after the bank had sought its approval on May 7. ...
It was all smooth sailing at the Punjab Maharashtra Cooperative (PMC) Bank till recently before the NPA concealment fraud came into light. The crisis-ridden bank's annual report for 2018-19 nowhere mentions exposure to any real estate firm and it onl ...
ICICI Prudential Life Insurance has signed a corporate agency agreement with Airtel Payments Bank for easy access to life insurance and savings plans for its customers, enabling them to provide financial security to their families and build long-term ...