RBI relaxes transaction account norms, allowing banks greater flexibility in offering cash credit and current accounts to ...
Foreign banks are being drawn to expand in India, lured by its rapid economic expansion, strong credit demand and deepening ...
The RBI has begun injecting liquidity into the financial system with a Rs 50,000-crore bond purchase, the first of two OMOs ...
India’s western and southern regions contributed around 54 percent to the total deposits of the country of schedule ...
The Reserve Bank of India (RBI) has relaxed norms concerning the opening and maintenance of cash credit, current, and overdraft accounts for banks.
The RBI bought Rs 500 billion in bonds to ease a liquidity crunch caused by FX interventions and seasonal strains. Despite a ...
MUMBAI: Indian government bonds surged on Thursday, as the Reserve Bank of India’s bond purchases along with a rally in U.S.
JPMorgan is set to open a new branch in India after a decade. This marks the 4th branch apart from its already established ...
Press Trust of India on MSN

RBI Relaxes Rules on Cash Credit Facilities

The draft issued in October had suggested some restrictions in case of borrowers of over Rs 10 crore across the system.
The RBI has withdrawn its restrictive proposal on current accounts for corporate borrowers after a pushback from private ...
The Reserve Bank of India lowered its key interest rate on Friday and announced measures to infuse up to $16 billion into the ...
Bond traders in India are positioning for the central bank to resume buying government debt in the coming months, a decision ...