Tag: RBI

RBI weighs incentives for banks to move IBC

MUMBAI: The Reserve Bank of India (RBI) is understood to be weighing a plan to ‘incentivise’ lenders to take errant borrowers to bankruptcy court. It’s part of...

RBI slaps fine on four banks

NEW DELHI The Reserve Bank has imposed a monetary penalty of Rs 3 crore on Union Bank, Rs 2 crore on Dena BankNSE 7.21 %, and...