Press Releases - Regulating Commercial Banking - RBI - Reserve Bank of India
Press Releases
May 28, 2020
Reserve Bank of India imposes monetary penalty on Bank of India
The Reserve Bank of India (RBI) has imposed, by an order dated February 27, 2020, a monetary penalty of ₹5 crore (Rupees Five crore only) on Bank of India (the bank) for non-compliance with certain provisions of the directions issued by RBI on “Income Recognition, Asset Classification and Provisioning pertaining to Advances - Divergence in NPA accounts”, “Opening of current accounts by banks – Need for discipline”, and “Classification and reporting of frauds.” This pe
The Reserve Bank of India (RBI) has imposed, by an order dated February 27, 2020, a monetary penalty of ₹5 crore (Rupees Five crore only) on Bank of India (the bank) for non-compliance with certain provisions of the directions issued by RBI on “Income Recognition, Asset Classification and Provisioning pertaining to Advances - Divergence in NPA accounts”, “Opening of current accounts by banks – Need for discipline”, and “Classification and reporting of frauds.” This pe
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May 28, 2020
Reserve Bank of India imposes monetary penalty on Karnataka Bank Limited
The Reserve Bank of India (RBI) has, by an order dated May 27, 2020, imposed a monetary penalty of ₹1.20 crore on Karnataka Bank Ltd. (the bank) for non-compliance with certain provisions of directions issued by RBI on “Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Divergence in NPA Accounts” and “Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances”. The penalty h
The Reserve Bank of India (RBI) has, by an order dated May 27, 2020, imposed a monetary penalty of ₹1.20 crore on Karnataka Bank Ltd. (the bank) for non-compliance with certain provisions of directions issued by RBI on “Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Divergence in NPA Accounts” and “Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances”. The penalty h
May 20, 2020
Scheduled Banks’ Statement of Position in India as on Friday, May 08, 2020
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 10-May-19 24-APR-2020 * 08-MAY-2020 * 10-May-19 24-APR-2020 * 08-MAY-2020 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 172391.67 243507.22 258427.12 176883.83 248980.75 263834.35 ** b) Borrowings from banks 67404.78 64521.46 66681.15 67491.44 64521.46 66681.2 c) Other demand & time liabilities 12782.94 15717.35 16143.48 12883.9 15863.05
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 10-May-19 24-APR-2020 * 08-MAY-2020 * 10-May-19 24-APR-2020 * 08-MAY-2020 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 172391.67 243507.22 258427.12 176883.83 248980.75 263834.35 ** b) Borrowings from banks 67404.78 64521.46 66681.15 67491.44 64521.46 66681.2 c) Other demand & time liabilities 12782.94 15717.35 16143.48 12883.9 15863.05
May 12, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month of April 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of April 2020. Ajit Prasad Director Press Release: 2019-2020/2348
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of April 2020. Ajit Prasad Director Press Release: 2019-2020/2348
May 08, 2020
Scheduled Banks’ Statement of Position in India as on Friday, April 24, 2020
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 26-Apr-19 10-APR-2020* 24-APR-2020* 26-Apr-19 10-APR-2020* 24-APR-2020* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 170025.81 243177.31 246113.31 174593.36 248657.1 251586.84** b) Borrowings from banks 74556.09 64665.44 59065.97 74764.4 64665.44 59065.97 c) Other demand & time liabilities 10225.66 15381.86 15739.03 10402.49 15515.97 15884
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 26-Apr-19 10-APR-2020* 24-APR-2020* 26-Apr-19 10-APR-2020* 24-APR-2020* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 170025.81 243177.31 246113.31 174593.36 248657.1 251586.84** b) Borrowings from banks 74556.09 64665.44 59065.97 74764.4 64665.44 59065.97 c) Other demand & time liabilities 10225.66 15381.86 15739.03 10402.49 15515.97 15884
Apr 24, 2020
Scheduled Banks’ Statement of Position in India as on Friday, April 10, 2020
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 12-Apr-19 27-MAR-2020* 10-APR-2020* 12-Apr-19 27-MAR-2020* 10-APR-2020* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 171661.97 234348.3 243732.84 176348.65 239621.78 249212.63** b) Borrowings from banks 77511.34 64001.41 68479.55 77637.78 64017.31 68479.55 c) Other demand & time liabilities 8641.35 16163.35 15379.29 8810.68 16313.75 15513.
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 12-Apr-19 27-MAR-2020* 10-APR-2020* 12-Apr-19 27-MAR-2020* 10-APR-2020* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 171661.97 234348.3 243732.84 176348.65 239621.78 249212.63** b) Borrowings from banks 77511.34 64001.41 68479.55 77637.78 64017.31 68479.55 c) Other demand & time liabilities 8641.35 16163.35 15379.29 8810.68 16313.75 15513.
Apr 10, 2020
Scheduled Banks’ Statement of Position in India as on Friday, March 27, 2020
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 29-Mar-19 13-MAR-2020 * 27-MAR-2020 * 29-Mar-19 13-MAR-2020 * 27-MAR-2020 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 176827.73 225264.96 230769.71 181651.43 230353.78 236043.19 ** b) Borrowings from banks 79459.13 51594.1 80950.71 79486.67 51707.45 80966.61 c) Other demand & time liabilities 15139.32 14926.77 16311.61 15212.07 15077.17
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 29-Mar-19 13-MAR-2020 * 27-MAR-2020 * 29-Mar-19 13-MAR-2020 * 27-MAR-2020 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 176827.73 225264.96 230769.71 181651.43 230353.78 236043.19 ** b) Borrowings from banks 79459.13 51594.1 80950.71 79486.67 51707.45 80966.61 c) Other demand & time liabilities 15139.32 14926.77 16311.61 15212.07 15077.17
Apr 03, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month of March 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of March 2020. Ajit Prasad Director Press Release: 2019-2020/2172
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of March 2020. Ajit Prasad Director Press Release: 2019-2020/2172
Mar 30, 2020
Directions under Section 35 A of the Banking Regulation Act, 1949 (AACS) - The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra
The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra, was placed under directions from close of business on August 31, 2016 vide directive No. DCBS.CO.BSD-I.D-4/12.22.141/2016-17 dated August 31, 2016. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DOR.CO.AID.No.D-43/12.22.140/2019-20 dated December 20, 2019 and is valid up to March 31, 2020 subject to review. 2. It is hereby notified for the informatio
The Maratha Sahakari Bank Ltd, Mumbai, Maharashtra, was placed under directions from close of business on August 31, 2016 vide directive No. DCBS.CO.BSD-I.D-4/12.22.141/2016-17 dated August 31, 2016. The validity of the directions was extended from time to time vide subsequent Directives, the last being Directive DOR.CO.AID.No.D-43/12.22.140/2019-20 dated December 20, 2019 and is valid up to March 31, 2020 subject to review. 2. It is hereby notified for the informatio
Mar 28, 2020
Branches of Oriental Bank of Commerce and United Bank of India to operate as branches of Punjab National Bank from April 1, 2020
The Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of
The Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of
Mar 28, 2020
Branches of Allahabad Bank to operate as branches of Indian Bank from April 1, 2020
The Amalgamation of Allahabad Bank into Indian Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Allahabad Bank into Indian Bank in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970). The scheme comes into force on the 1st day of April 2020. Consequently, all branche
The Amalgamation of Allahabad Bank into Indian Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Allahabad Bank into Indian Bank in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970). The scheme comes into force on the 1st day of April 2020. Consequently, all branche
Mar 28, 2020
Branches of Syndicate Bank to operate as branches of Canara Bank from April 1, 2020
The Amalgamation of Syndicate Bank into Canara Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Syndicate Bank into Canara Bank in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970). The scheme comes into force on the 1st day of April 2020. Consequently, all branche
The Amalgamation of Syndicate Bank into Canara Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Syndicate Bank into Canara Bank in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970). The scheme comes into force on the 1st day of April 2020. Consequently, all branche
Mar 28, 2020
Branches of Andhra Bank and Corporation Bank to operate as branches of Union Bank of India from April 1, 2020
The Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and section 9 of the Banking Com
The Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India Scheme, 2020 dated March 4, 2020, issued by the Government of India was published under Extraordinary Part II-Section 3-Sub-section (i) in the Gazette of India sanctioning the Amalgamation of Andhra Bank and Corporation Bank into Union Bank of India in terms of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and section 9 of the Banking Com
Mar 26, 2020
Scheduled Banks’ Statement of Position in India as on Friday, March 13, 2020
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 15-Mar-19 28-FEB-2020* 13-MAR-2020* 15-Mar-19 28-FEB-2020* 13-MAR-2020* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 163747.01 228062.87 225264.42 168219.75 233066.93 230353.24** b) Borrowings from banks 86766.97 82634.66 64442.1 86937.97 82675.96 64555.45 c) Other demand & time liabilities 9250.17 13077.64 14927.04 9359.26 13229.36 15077.
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 15-Mar-19 28-FEB-2020* 13-MAR-2020* 15-Mar-19 28-FEB-2020* 13-MAR-2020* I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 163747.01 228062.87 225264.42 168219.75 233066.93 230353.24** b) Borrowings from banks 86766.97 82634.66 64442.1 86937.97 82675.96 64555.45 c) Other demand & time liabilities 9250.17 13077.64 14927.04 9359.26 13229.36 15077.
Mar 20, 2020
Reserve Bank appoints additional directors on the board of Yes Bank Ltd.
In terms of paragraph 5 (3) of the ‘Yes Bank Ltd. Reconstruction Scheme, 2020’ notified by Government of India on March 13, 2020 and in exercise of powers conferred to it under sub section (1) of section 36 AB of the Banking Regulation Act, 1949, Reserve Bank has today appointed Shri R Gandhi (former Deputy Governor, Reserve Bank of India) and Shri Ananth Narayan Gopalakrishnan (Associate Professor, S P Jain Institute of Management and Research) as additional director
In terms of paragraph 5 (3) of the ‘Yes Bank Ltd. Reconstruction Scheme, 2020’ notified by Government of India on March 13, 2020 and in exercise of powers conferred to it under sub section (1) of section 36 AB of the Banking Regulation Act, 1949, Reserve Bank has today appointed Shri R Gandhi (former Deputy Governor, Reserve Bank of India) and Shri Ananth Narayan Gopalakrishnan (Associate Professor, S P Jain Institute of Management and Research) as additional director
Mar 12, 2020
Scheduled Banks’ Statement of Position in India as on Friday, February 28, 2020
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 1-Mar-19 14-FEB-2020 * 28-FEB-2020 * 1-Mar-19 14-FEB-2020 * 28-FEB-2020 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 162044.41 201417.23 228063.55 166460.05 206366.76 233067.61 ** b) Borrowings from banks 81103.92 72952.52 82634.66 81120.83 73033.53 82675.96 c) Other demand & time liabilities 10075.3 12559.99 13077.64 10161.37 12712.88 1
(Amount in Crore of ₹) SCHEDULED COMMERCIAL BANKS (Including RRBs and SFBs) ALL SCHEDULED BANKS 1-Mar-19 14-FEB-2020 * 28-FEB-2020 * 1-Mar-19 14-FEB-2020 * 28-FEB-2020 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from bks. 162044.41 201417.23 228063.55 166460.05 206366.76 233067.61 ** b) Borrowings from banks 81103.92 72952.52 82634.66 81120.83 73033.53 82675.96 c) Other demand & time liabilities 10075.3 12559.99 13077.64 10161.37 12712.88 1
Mar 06, 2020
Yes Bank Ltd.: RBI announces Scheme of Reconstruction
The Reserve Bank of India has today placed in public domain a draft scheme of reconstruction of the Yes Bank Ltd. The Reserve Bank invites suggestions and comments from members of public, including the banks' shareholders, depositors and creditors on the draft scheme. The draft scheme has also been sent to Yes Bank Ltd. and State Bank of India for their comments. The suggestions and comments will be received by Reserve Bank of India up to Monday, March 9, 2020. The Re
The Reserve Bank of India has today placed in public domain a draft scheme of reconstruction of the Yes Bank Ltd. The Reserve Bank invites suggestions and comments from members of public, including the banks' shareholders, depositors and creditors on the draft scheme. The draft scheme has also been sent to Yes Bank Ltd. and State Bank of India for their comments. The suggestions and comments will be received by Reserve Bank of India up to Monday, March 9, 2020. The Re
Mar 05, 2020
Yes Bank Ltd. placed under Moratorium
The financial position of Yes Bank Ltd. (the bank) has undergone a steady decline largely due to inability of the bank to raise capital to address potential loan losses and resultant downgrades, triggering invocation of bond covenants by investors, and withdrawal of deposits. The bank has also experienced serious governance issues and practices in the recent years which have led to steady decline of the bank. The Reserve Bank has been in constant engagement with the b
The financial position of Yes Bank Ltd. (the bank) has undergone a steady decline largely due to inability of the bank to raise capital to address potential loan losses and resultant downgrades, triggering invocation of bond covenants by investors, and withdrawal of deposits. The bank has also experienced serious governance issues and practices in the recent years which have led to steady decline of the bank. The Reserve Bank has been in constant engagement with the b
Mar 05, 2020
Supersession of the Board of Directors - Appointment of Administrator - Yes Bank Ltd.
In exercise of the powers conferred under 36ACA of the Banking Regulation Act 1949, the Reserve Bank has, in consultation with Central Government, superseded the Board of Directors of Yes Bank Ltd. for a period of 30 days owing to serious deterioration in the financial position of the Bank. This has been done to quickly restore depositors’ confidence in the bank, including by putting in place a scheme for reconstruction or amalgamation. Shri Prashant Kumar, ex-DMD and
In exercise of the powers conferred under 36ACA of the Banking Regulation Act 1949, the Reserve Bank has, in consultation with Central Government, superseded the Board of Directors of Yes Bank Ltd. for a period of 30 days owing to serious deterioration in the financial position of the Bank. This has been done to quickly restore depositors’ confidence in the bank, including by putting in place a scheme for reconstruction or amalgamation. Shri Prashant Kumar, ex-DMD and
Mar 02, 2020
Marginal Cost of Funds Based Lending Rate (MCLR) for the month February 2020
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of February 2020. Ajit Prasad Director Press Release : 2019-2020/2010
The Reserve Bank of India has today released Lending Rates of Scheduled Commercial Banks based on data received during the month of February 2020. Ajit Prasad Director Press Release : 2019-2020/2010
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Page Last Updated on: July 16, 2024
