India, Bank of Mozambique

India's central bank relaxes certain norms for urban co-operative banks
India's central bank on Monday revised certain norms for urban co-operative banks (UCBs), with a view of providing them with greater operational flexibility, while meeting regulatory objectives.
Banking Central | India needs a much higher deposit insurance for its bank customers
The insurance framework should have a higher coverage threshold, a risk-based premium structure and a mechanism to ensure swift payouts in case of bank failures
India bought 19% of Mozambique exports by September – central bank
India was the country that bought the most from Mozambique in 2024, until September, totalling US$1.166 billion (€1.113 billion), equivalent to 19% of Mozambique's exports. According to data from a report on foreign trade from January to September 2024 by the Bank of Mozambique,
India's central bank weighs some relief for New India Co-op Bank depositors, sources say
The Reserve Bank of India is working on a plan to allow depositors of troubled New India Co-operative Bank to make special withdrawals for personal and medical emergencies, two sources familiar with the matter said on Thursday.
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 its liquidity and financial stability.
RBI Expands Operational Flexibility for Urban Cooperative Banks (UCBs) on Lending Norms
The Reserve Bank of India (RBI) has introduced measures to enhance the operational flexibility of Urban Cooperative Banks (UCBs), allowing them greater freedom in lending without compromising regulatory objectives.
Post New India Co-op Bank restrictions, RBI revises some lending norms for urban cooperative banks
RBI has revised some lending norms for urban co-operative banks, including expanding the definition of small-value loans, hiking real estate exposure limits and provisioning requirements for investment in Security Receipts.
Naming ex-India central bank chief Das as key aide highlights Modi's economic focus
India's appointment of former central bank governor Shaktikanta Das as a key aide to Prime Minister Narendra Modi reinforces ...
Lower capital requirements for bank loans to NBFCs to ease funding woes
The RBI had in November 2023 hiked risk weights on banks’ exposure to NBFCs by 25 percentage points, over and above the risk ...
India Cancels $3 Billion of Treasury Bill Sale Amid Tight Cash
India’s central bank did not accept any bids for 91 and 182-day treasury bills in an auction Thursday amid a cash squeeze in the nation’s banking system.
Indian central bank likely intervened to halt rupee's decline, traders say
The Indian central bank likely intervened to support the rupee after it dropped past 87 per U.S. dollar on Tuesday due to ...
UCO Bank, IoB, Central Bank, Punjab & Sind Bank shares surge up to 4% on stake sale reports
According to reports, the Department of Investment and Public Asset Management has invited bids from merchant bankers to ...
India’s Economic Growth Set to Pick Up Pace, Central Bank Says
India’s economy has recovered its lost momentum and consumption demand may improve on the back of moderating inflation and ...
India’s RBI partly dials back strict loan rules for micro credit, non-bank lenders
Feb 25 (Reuters) - The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and ...
SBI 3-year FD vs Central Bank of India 3-year FD: What will be monthly and quarterly payouts on Rs 5,00,000 investment in each fixed deposit scheme?
Fixed deposit investment provides return on the maturity of FD, but if they want, they can opt for monthly and quarterly ...