India's RBI partly dials back strict loan rules for micro credit, non-bank lenders
The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and non-bank lenders, ...
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 ...
RBI increases the small value loan ceiling to Rs 3 crore for Urban Co-operative Banks, revises loan definitions
The Reserve Bank of India (RBI) has announced a rise in the small value loan ceiling for Urban Co-operative Banks (UCBs) to Rs 3 crore per borrower. According to an RBI circular issued on February 24, ...
India's manufacturing slump prompted February rate cut, says RBI rate panel's Kumar
A sharp slowdown in India's manufacturing sector - a key driver of job creation - was a major factor in the monetary policy ...
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New India Coop Bank vault had capacity for ₹10 cr but book showed ₹122 cr: Economic Offences Wing
The Reserve Bank of India’s (RBI) inspection team visited the corporate office branch of the bank at Prabhadevi on February ...
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RBI Eases Risk Weights to Unlock Credit for NBFCs and Microfinance
The Reserve Bank of India has lowered risk weights on bank loans to NBFCs and microfinance institutions, increasing lending ...
RBI allows withdrawal of up to Rs 25,000 per depositor of New India Co-op Bank from February 27
The RBI has allowed New India Co-operative Bank customers to withdraw up to Rs 25,000 from their deposits following a review ...
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Explosive Rs 122 Crore Embezzlement Unveiled at New India Cooperative Bank
The Mumbai Police's Economic Offences Wing is investigating the Rs 122-crore embezzlement at New India Cooperative Bank.
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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 ...
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 ...
RBI allows withdrawal of up to ₹25,000 per depositor of New India Co-operative Bank from February 27
RBI relaxes restrictions on New India Co-operative Bank, allowing depositors to withdraw up to ₹25,000 from February 27.
RBI allows New India Cooperative Bank depositors to withdraw up to ₹25,000
With this relaxation, more than 50% of the total depositors can withdraw their entire balances, and the remaining depositors ...