AuthorThe RBI says it has been sensitising companies through various channels on the need to use their regulatory freedom responsibly and ensure fair, reasonable and transparent pricing.This action is based…
AuthorRBI had imposed the restrictions on IIFL Finance on March 4, 2024.The RBI’s decision is effective immediately and allows IIFL Finance to resume the sanctioning, disbursal, assignment, securitisation, and sale…
AuthorThe RBI circular will be applicable to all commercial banks, excluding payments banks, regional rural banks, and local area banks, it said, adding that it will be applicable from April…
AuthorLast Updated: May 10, 2024, 21:12 ISTRao has the experience of over three decades in the Reserve Bank of India.As ED, Rao will look after the Deposit Insurance and Credit…
Kotak Mahindra Bank cannot add new customers online or through mobile banking or issue fresh credit cards after the Reserve Bank’s directive. What exactly has the RBI said?The RBI directed…
AuthorRabi Sankar is in charge of the foreign exchange, currency, and fintech departments at the RBI.The one-year extension of RBI governor T Rabi Sankar’s tenure would be applicable from May 3,…
Last Updated: April 24, 2024, 13:11 ISTFintech firm PayU has received an in-principle approval from the Reserve Bank to operate as a payment aggregator, the company said on Wednesday. In…
AuthorPIB Fact check claimed that the news is fake. As per PIB, the National Payments Corporation of India (NPCI) has not issued any such guidelines.The digital world has made the…
AuthorLast Updated: April 22, 2024, 12:17 ISTIndia needs to cut interest rates to help its economy reach its potential growthIndia needs to cut interest rates to help its economy reach…
AuthorLast Updated: April 22, 2024, 12:17 ISTIndia needs to cut interest rates to help its economy reach its potential growthIndia needs to cut interest rates to help its economy reach…
