RBI approves LIC to acquire up to 9.99% stake in HDFC Bank
The Reserve Bank of India (RBI) has given approval to Life Insurance Corporation of India (LIC) to acquire up to ...
Tag: rbi
RBI introduces draft framework for recognising Self-Regulatory Organisations for fintech sector
In a significant move towards fostering innovation while maintaining regulatory integrity, the Reserve Bank of India (RBI) has unveiled a ...
₹500 note with a star symbol is genuine and legally recognized currency note, informs PIB Fact Check
Do you have a ₹500 note with a star symbol? Is it a counterfeit? A message has been circulating raising ...
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 ...
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 ...
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 ...
Jio Financial Services Applies for NBFC to CIC Conversion to RBI
Jio Financial Services has applied to the Reserve Bank of India (RBI) for conversion of the company from a non-banking ...
RBI announces measures towards consumer credit and bank credit to NBFCs – Here’s how it will impact you
Consumer credit is a powerful financial tool which provides individuals with the means to fulfill personal aspirations and manage unforeseen ...
How UPI can secure 90% of retail transactions in 5 years
The Unified Payments Interface (UPI) has changed the way people transact or make mobile payments in India. Emerging as a ...
RBI issues guidelines for banks to prevent frauds through UPI
Digitalization has given a boost to fast-paced financial transactions in India making way for the Unified Payments Interface (UPI) to ...
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