Exclusive

Publication

Byline

Bank of Baroda eyes prepaid card base of 1 million in 5 years, seeks external assistance

Mumbai, Jan. 7 -- Bank of Baroda, India's second-largest public sector lender, aims to double its base of prepaid cards over the next five years, according to a document reviewed by Mint. The lender,... Read More


Related party rules: RBI accepts some industry suggestions, rejects others

Mumbai, Jan. 5 -- The Reserve Bank of India (RBI) on Monday made changes to its October proposals on related party transactions of banks and non-bank financiers, accepting a clutch of suggestions from... Read More


RBI cautions against risks to economy even as fundamentals remain strong

Mumbai, Dec. 31 -- Although the Indian economy remains resilient, with strong growth momentum, the Reserve Bank of India (RBI) on Wednesday flagged a cluster of risks that could disrupt financial stab... Read More


RBI governor urges balancing regulatory prudence with fostering innovation

Mumbai, Dec. 31 -- Reserve Bank of India (RBI) governor Sanjay Malhotra on Wednesday called for balancing pragmatic regulation and supervision with fostering innovation, growth and consumer protection... Read More


RBI cracked the whip on banks in 2025-just not as hard

New Delhi, Dec. 30 -- The Reserve Bank of India (RBI) levied smaller penalties on banks in 2025, with the median fine on lenders almost half of the amount in the past two years, a Mint analysis found.... Read More


Competition from equity markets and technology will keep banks on their toes: RBI

Mumbai, Dec. 29 -- The Reserve Bank of India (RBI) said on Monday that banks will continue to face competition from non-bank sources in lending to companies, while fast-changing technology could chang... Read More


Soft inflation, emerging slack led to rate cut in December

mumbai, Dec. 20 -- India's monetary policy committee decided to lower the repo rate by 25 basis points (bps) in December on the back of benign inflation and emerging signs of weakness, even as the gro... Read More


Soft inflation, emerging slack led to Dec rate cut

mumbai, Dec. 20 -- India's monetary policy committee decided to lower the repo rate by 25 basis points (bps) in December on the back of benign inflation and emerging signs of weakness, even as the gro... Read More


RBI Governor voted for rate cut on back of benign inflation, to support growth: MPC minutes show

MUMBAI, Dec. 19 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra voted for a 25-bps rate cut in December on the back of a benign inflation outlook and to support growth, according to the minute... Read More


Axis Bank's Neelkanth Mishra rules out more rate cuts

MUMBAI, Dec. 16 -- The Reserve Bank of India (RBI) is unlikely to cut interest rates further in the current cycle as rising headline inflation limits space for monetary easing, Neelkanth Mishra, chief... Read More