Reserve Bank of India
Customer benefits being kept in mind while regulating Fintechs: RBI Guv
Business
January 11, 2024
Customer benefits being kept in mind while regulating Fintechs: RBI Guv
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that post-pandemic digital lending has seen an exponential rise…
RBI issues new order to help recovery of unclaimed deposits in banks
Business
January 2, 2024
RBI issues new order to help recovery of unclaimed deposits in banks
The Reserve Bank of India (RBI) has issued fresh instructions to banks to strengthen the ongoing efforts to reduce the…
RBI comes out with draft to simplify licensing norms for money changers
Business
December 27, 2023
RBI comes out with draft to simplify licensing norms for money changers
The Reserve Bank of India (RBI) has come out with a set of new draft norms aimed to simplify and…
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
Business
December 18, 2023
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-banking financial…
Monetary Policy: RBI to continue with its cautious pause
Business
December 5, 2023
Monetary Policy: RBI to continue with its cautious pause
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to maintain the repo rate at 6.5 per…
Over 97% of Rs 2,000 banknotes have been returned: RBI
Business
December 1, 2023
Over 97% of Rs 2,000 banknotes have been returned: RBI
The total value of Rs 2,000 banknotes in circulation, has declined to Rs 9,760 crore at the close of business…
RBI expected to continue with stricter measures to curb extensive expansion of unsecured retail loans
Business
November 28, 2023
RBI expected to continue with stricter measures to curb extensive expansion of unsecured retail loans
The Reserve Bank of India (RBI) is expected to continue with stricter measures to make a dent in the unsecured…
RBI Governor red flags high dependence of NBFCs on bank loans
Business
November 22, 2023
RBI Governor red flags high dependence of NBFCs on bank loans
Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday expressed grave concern over the high “concentration” of credit that…
Unsecured lending may now see much slower growth for few months
Business
November 20, 2023
Unsecured lending may now see much slower growth for few months
With many new players entering the unsecured lending segment, specifically dependent on app-based lending, the segment may now see a…
RBI throws open silver imports to qualified jewellers in same way as gold
Business
November 10, 2023
RBI throws open silver imports to qualified jewellers in same way as gold
Reserve Bank of India (RBI) on Friday issued a notification allowing qualified jewellers to import silver through India International Bullion…