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Tag: reserve bank of india RBI

RBI slaps penalties on American Express Banking Corp, HDB Financial Services

October 6, 2025October 7, 2025 · Minneapolis, Minnesota Local News

The Reserve Bank of India (RBI) on Friday said it has imposed a penalty of Rs 31.80 lakh on American Express Banking Corp for non-compliance with certain directions…

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RBI likely to hold repo rate at 6.50%

RBI likely to hold repo rate at 6.50%

March 31, 2024March 31, 2024 · Banking

With the Reserve Bank of India (RBI) fixated on aligning retail inflation with the four per cent target, majority of the members of its rate setting panel are…

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Bank loans to NBFCs under RBI scanner

Bank loans to NBFCs under RBI scanner

June 25, 2023June 25, 2023 · Banking

Annual inspections by the Reserve Bank of India (RBI) has commenced for banks. With FY23 financials under the scanner, what’s grabbing the regulator’s attention is the loans handed…

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