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Latest Articles in rbi

RBI Includes PM SVANidhi Scheme beneficiaries To PIDF

As per the Central Bank, this decision to expand the targeted beneficiaries under the PIDF scheme will provide a fillip to the Reserve Bank’s efforts towards promoting digital transactions at the grass-root level.

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RBI Slaps Baghat Urban Co-operative Bank, Solan With Rs 15 Lakh Penalty

The Central Bank has simultaneously imposed a penalty of Rs 1 lakh on Delhi Nagrik Sehkari Bank Limited, New Delhi, citing non-compliance with several guidelines issued by the RBI.

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Ajay Kumar To Take Charge As New RBI Executive Director

Now, in RBI as an Executive Director, Ajay Kumar will be responsible for the departments of currency management, foreign exchange, and premises.

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PhonePe Gets Green Signal From RBI To Operate As An Account Aggregator

Talking about Account aggregators, they will help consumers to get services that will be based on the explicit consent of individual customers like the transfer, however, not storing, of a client’s data and information.

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RBI’s Penalty Policy May Cause Stir In Rural Banks

Meanwhile, the industry body has written to the banking regulator and asked them to review its decision. As per them, an ATM can usually run out of cash six times every month and approximately 50 per cent of the 213,000 ATMs are faced with this issue.

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RBI's Stance Remains Unchanged While India Awaits Regulations On Cryptocurrency

As the government evaluates the banes and boon of technology to come up with an effective legal framework, Nakul Batra, Associate Partner, DSK Legal stresses on the fact India needs to catch up with technology fast.

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RBI Reviews Current Economic Situation, Areas Of Its Operations

"The Board members complimented the FM for the Budget and also made various suggestions for consideration of the government," informed the official statement.

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Paisalo Digital increasing capital base by issuing equity warrants to promoters

Paisalo Digital increasing capital base by issuing equity warrants to promoters

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New agriculture cess will fund farm infrastructure, says FM Sitharaman

New agriculture cess will fund farm infrastructure, says FM Sitharaman

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Former Co-founder and CEO of ATS Homekraft forays into asset management with lending platform

Former Co-founder and CEO of ATS Homekraft forays into asset management with lending platform

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RBI keeps repo rate unchanged at 4 pc

RBI keeps repo rate unchanged at 4 pc

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India's economic recovery post COVID is strong; Union Budget will be game-changer: BJP

India's economic recovery post COVID is strong; Union Budget will be game-changer: BJP

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Delhi HC directs PMC Bank to consider afresh applications of depositors seeking money for emergencies

Delhi HC directs PMC Bank to consider afresh applications of depositors seeking money for emergencies

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RBI Open To Examine Proposal On Bad Banks: Shaktikanta Das

Talking about the governance reforms Das said integrity and quality of governance are keys to good health and robustness of banks and non-banking financial companies (NBFCs).

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