RBI Imposes ₹1.72 Crore Penalty on State Bank of India for Regulatory Lapses
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.72 crore on the State Bank of India ...
Tag: Reserve Bank of India
RBI Imposes Monetary Penalties on Kotak Mahindra Bank, IDFC First Bank, and Punjab National Bank for Regulatory Non-Compliance
The Reserve Bank of India (RBI) has imposed monetary penalties on three prominent banks — Kotak Mahindra Bank, IDFC First ...
PB Fintech Subsidiary PB Pay Secures RBI’s In-Principle Nod for Payment Aggregator License
PB Fintech Limited, the parent company of Policybazaar and Paisabazaar, has announced that its wholly owned subsidiary, PB Pay Private ...
NBSL Launches BHIM 3.0 with Enhanced Features for Users, New Offerings for Businesses and Banks
NPCI BHIM Services Limited (NBSL), a subsidiary of the National Payments Corporation of India (NPCI), has launched Bharat Interface for ...
RBI Inaugurates Digital Payments Awareness Week 2025 to Promote Safe and Inclusive Digital Transactions
The Reserve Bank of India (RBI) has inaugurated the 5th Digital Payments Awareness Week (DPAW), an initiative aimed at spreading ...
RBI tightens Cash Pay-Out rules, KYC details mandatory for remitters and beneficiaries
The Reserve Bank of India (RBI) has tightened the rules related to cash pay-out service at banks and has asked ...
RBI and ASEAN Countries Collaborate for Instantaneous Cross-Border Retail Payments
The Reserve Bank of India (RBI) is taking significant steps to enhance cross-border retail payments by collaborating with various ASEAN ...
RBI finalises Self Regulatory Framework to Foster Trust, Innovation in Fintech Sector
The Reserve Bank of India (RBI) has finalized the Framework for Recognizing Self-Regulatory Organizations for the fintech sector (SRO-FT framework). ...
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 ...
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