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Latest Articles in Reserve Bank of India RBI
RBI Fines HDFC For Non-compliance Under NHB Act
According to a statutory inspection of HDFC conducted by NHB, it was revealed that the company failed to transfer matured deposits of certain depositors to designated bank accounts of such depositors during the period 2019-20
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No Issue With Crypto, If Laws Of Land Are Followed: MoS Chandrasekhar
The remark contradicts RBI’s advise to investors to stay away from crypto
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KYC Compliance: How Ready Are Indian FinTech Startups
A scalable KYC is necessary for a nation like India, where there are large populations from multiple demographics and varying levels of access to financial institutions
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Government Nominates DFS Secretary Vivek Joshi As Director On RBI's Central Board
The nomination of Vivek Joshi is effective from November 15, 2022
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Total Exports Of Software Services Increased By 15.9% During 2021-22: RBI
Computer services continued to account for over two-thirds of total software services exports
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Parliamentary Panel Wants Banks To Compensate Customers Hit By Cyber fraud
The hapless customers should not be made to suffer and forced to run from pillar to post for redressal, the panel headed by BJP leader Jayant Sinha said
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RBI Imposes Restrictions On Indian Mercantile Cooperative Bank
The restrictions came into force from closure of business hours on January 28, 2022 (Friday).
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RBI To Conduct Overnight Variable Repo Rate Auction Of Rs 75,000 Cr Today
On January 20, the RBI had conducted an overnight variable rate repo (VRR) auction of Rs 50,000 crore.
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Digital Payments Record 40% Annual Growth At Sep-End 2021: RBI Data
The RBI-DPI Index continues to demonstrate significant growth in adoption and deepening of digital payments across the country the RBI said in a statement on Wednesday.
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India Remains Among Top Attractive Destinations For Global Investors: RBI
The article said foreign direct investment (FDI) plays a significant role in economic development of any country and supports economic growth by meeting the investment requirements of a capital deficit economy by bridging its saving-investment gap.
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Housing Finance Company, 8 NBFCs Surrender Certificates Of Registration To RBI
Indie Homefin cannot transact the business of a housing finance institution nor of a non-banking financial institution.
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India Inc's Overseas Direct Investment Dips Over 8% To $2.05B In Dec 2021
The domestic companies had invested USD 2.23 billion in their overseas joint ventures and fully-owned subsidiaries during December 2020 in the previous financial year.
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Jan Dhan Deposits Cross Rs 1.5 Lakh Crore
As per the finance ministry data, of the total 44.23 crore accounts, 34.9 crore were with the public sector banks, 8.05 crore with regional rural banks, and the rest 1.28 crore with private sector banks.
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Aligning LCR Norms For Small Biz Accounts With Basel Standards, RBI Hikes Funds Cap By 50%
The above modification is also applicable to deposits and other 'extensions of funds' received from small businesses, the regulator said, adding the new norms are applicable only to commercial banks.
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