While IDBI Bank was penalised due to violation of Foreign Currency Account guidelines, Citibank faced a penalty for ...

Over the years, multiple banks have come under regulatory scrutiny, dealt with financial setbacks, and triggered stock market ...

The RBI’s conservative approach, sometimes criticised as overly cautious, has been India’s shield against global financial ...

The Finance Ministry’s data highlights that FY19 saw the highest-ever loan write-offs at ₹2.36 lakh crore, while FY15 ...

IndusInd Bank discovered discrepancies in account balances related to currency derivatives. This prompted an internal review ...

Senior Congress Leader Manickam Tagore raises concerns over RBI's new gold loan rules, impacting borrowers and creditors.

The outstanding NPA amount in the segment surged to Rs 97,543 crore as at end of December 2024, compared to Rs 68,547 crore ...

RBI states that the bank has already engaged an external audit team to review systems and assess actual impact.

The highest amount of Rs 2,36,265 crore was written off during FY2018-19 while during 2023-24, banks wrote off bad loans of ...

Shares of IndusInd Bank fell nearly 6% on Monday to their lowest level since July 2022, after the country's central bank ...

Microfinance credit stress is emerging this financial year due to RBI's preventive measures to manage risks, according to ...