In terms of the extant instructions, certain categories of Regulated Entities (REs) are not permitted to levy foreclosure charges/ pre-payment penalties on the floating rate term loans sanctioned, for ...

The central bank's initiative is designed to provide a durable solution to the system's liquidity requirements, while also ...

After 18 months, more than 20 unsuccessful offers, and three loan pre-approvals, Brett and Dana Moodley just want a place to call home.

Reserve Bank Governor Sanjay Malhotra on Friday said given the macroeconomic outlook when inflation is expected to align with ...

RBI to inject $10 billion through USD-INR Buy/Sell swap auction for three years, aiming to stabilize currency and boost ...

The RBA can't say so but it is entirely possible many mortgage borrowers won't have to hand over hundreds of dollars to their ...

Thomas Coughlan, Deputy Political Editor at the Herald, loves applying a political lens to people's stories and explaining the way things like transport and finance to ...

The Reserve Bank on Friday said it has imposed a penalty of Rs 39 lakh on Citibank N.A. For non-compliance with directions ...

The Reserve Bank on Friday announced a huge USD 10 billion dollar-rupee swap auction programme to inject durable liquidity in the banking system. The USD/INR Buy/Sell swap auction of USD 10 billion ...

Bank credit and deposits saw a sequential slowdown in the October-December 2024 quarter. Bank credit growth decreased to 11.8 ...

In the Monetary Policy Committee (MPC) meeting held earlier this month, the minutes of which were released by the central bank on Friday, Malhotra said that domestically too, there is a need to ...