RBI
Jio Financial Services get RBI nod for online payment business
30 Oct 2024
Jio Payment Solutions Limited (JPSL), the wholly-owned subsidiary of Jio Financial Services Ltd (JFSL), has received approval from the Reserve Bank of India
RBI keeps policy repo rate unchanged at 6.5% with focus on inflation
10 Oct 2024
The Monetary Policy Committee (MPC) of the Reserve Bank of India, at its meeting on Wednesday, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
Overseas claims on India up $6.7 bn at $368.3 bn in Q1 FY25
05 Oct 2024
Net claims of non-residents on India, in terms of the country’s International Investment Position (IIP), increased by $6.7 billion to $368.3 billion
RBI to launch Unified Lending Interface to smoothen credit flow
26 Aug 2024
Reserve Bank of India (RBI) is expanding the digital banking infrastructure with Unified Lending Interface (ULI), a platform that will facilitate frictionless credit flow.
IDBI Bank privatisation now hinges on RBI approval report
28 Jul 2024
The union home ministry has given necessary security clearance to potential investors in IDBI Bank and the Reserve Bank of India
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RBI issues new directions to banks for recovering money lost in frauds,
18 Jul 2024
Reserve Bank of India (RBI) has issued new directions to banks and other regulated entities to ensure that money lost through fraudulent transactions is recovered and not written off as non-performing asset (NPA).
RBI lifts ban on Bank of Baroda onboarding customers in its mobile app
09 May 2024
Reserve Bank of India (RBI) has reviewed its 10 October 2023 decision to suspend onboarding of customers by Bank of Baroda’s mobile application `BoB World’
REC gets RBI nod to set up subsidiary in GIFT City
07 May 2024
REC Limited, a Maharatna central public sector enterprise and a leading NBFC providing finance to the power sector, has received a ‘No Objection Certificate’ from the Reserve Bank of India (RBI)
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RBI directs Paytm Payments Bank to stop onboarding new customers
01 Feb 2024
Reserve Bank of India (RBI) on Wednesday directed Paytm Payments Bank Ltd (PPBL) to stop onboarding of new customers with immediate effect, for failure to comply with audit rules.
RBI hikes risk margin for consumer lending by banks, NBFCs
16 Nov 2023
Reserve Bank of India (RBI) has raised the risk weights in respect of consumer credit exposure of commercial banks, including personal loans, by 25 percentage points to 125 per cent
