Banking
RBI imposes monetary penalties on ICICI Bank, YES Bank, and 3 others for regulatory non-compliance
The Reserve Bank of India (RBI) has imposed monetary penalties on five banks including ICICI Bank and YES Bank for...
RBI imposes supervisory action on Kotak Mahindra Bank Limited
The Reserve Bank of India (RBI) on Wednesday, took a significant step by directing Kotak Mahindra Bank Limited to halt...
RBI MPC keeps repo rate unchanged at 6.50%; know additional measures announced here
The Monetary Policy Committee (MPC) headed by Shaktikanta Das, Governor of the Reserve Bank of India (RBI), on Friday decided...
PM Modi addresses RBI@90 opening ceremony; says, RBI is appropriate body for holistic appreciation of the banking vision of Viksit Bharat
Prime Minister Narendra Modi on Monday addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve...
RBI MPC Meeting: Repo rate unchanged at 6.50%, additional measures announced
In the first monetary policy statement of 2024, the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, on...
RBI issues comprehensive guidelines on inoperative accounts, unclaimed deposits
In a bid to enhance financial transparency and streamline procedures, the Reserve Bank of India (RBI) has issued comprehensive guidelines...
Ministry of Finance highlights how EASE Reforms, digital payments transformed banking landscape in 2023
The Ministry of Finance has informed that the Department of Financial Services (DFS) continued the momentum of reforms, building on...
RBI increases the limit for subscription to mutual funds, payment of insurance premium & credit card bill payments to Rs. 1 lakh
The Reserve Bank of India (RBI) has decided to increase the limit from ₹15,000 to ₹ 1,00,000 per transaction for...
Digital lending surge 43% in Q2, says Fintech Association for Consumer Empowerment’s FACETS Report
In an era marked by technological advancements and the digitisation of financial services, digital loans have emerged as a transformative...
RBI’s Monetary Policy Committee announces measures related to lending, fintechs, UPI transactions and more
The Reserve Bank of India's (RBI) Monetary Policy Committee chaired by Governor Shaktikanta Das on friday, december 8, 2023, announced...
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