Tag:RBI

Banking

RBI Directs Kotak Mahindra Bank to Halt New Credit Card Issuance and Customer Onboarding

The Reserve Bank of India (RBI) has instructed Kotak Mahindra Bank to suspend the issuance of fresh credit cards and cease onboarding new customers...
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Economy

India’s Economic Momentum Surges, RBI Anticipates Sustained 7% Growth Rate

The Reserve Bank of India's Monetary Policy Committee (MPC) member Shashanka Bhide has expressed confidence in the country's ability to sustain a robust growth...
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Banking

RBI and Fintech Leaders Confer on Strategies to Boost Adoption of Central Bank Digital Currency

In a collaborative effort to invigorate public interest in the Central Bank Digital Currency (CBDC), the Reserve Bank of India (RBI) convened a pivotal...
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News

RBI Proposes Regulatory Approval for PoS Providers

In a move aimed at enhancing regulatory oversight in the payment ecosystem, the Reserve Bank of India (RBI) has proposed new guidelines for non-bank...
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Banking

RBI Mandates Key Fact Statements for Retail and MSME Loans Starting October 1, 2024

In a move aimed at enhancing transparency and empowering borrowers, the Reserve Bank of India (RBI) has issued a directive requiring lenders to furnish...
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News

Finance Ministry Proposes Enhanced KYC Procedures to Combat BoB World App Scams and Financial Frauds

In a proactive move against the rising tide of financial frauds, the Finance Ministry is advocating for an upgraded Know Your Customer (KYC) process...
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Economy

RBI Report Foresees Sustained Economic Revival Through Infrastructure and Investment

In a recent release of the Reserve Bank of India's (RBI) Monetary Policy Report for April 2024, a promising outlook for India's economic trajectory...
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News

PM Modi Commends RBI’s Role in India’s Banking Sector Revival and Economic Stability

Prime Minister Narendra Modi delivered accolades to the Reserve Bank of India (RBI) during an event marking the central bank's 90th anniversary, highlighting its...
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Latest news

Transfer/Appointment

Government Appoints Inder Pal Singh Sethi as Controller of Certifying Authorities

Inder Pal Singh Sethi has been appointed Controller of Certifying Authorities (CCA), a key position associated with the regulation...
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Appointment

HCL Group Names Nikhil Soni as Head of Brand & Marketing

HCL Group has elevated Nikhil Soni to the position of Head – Brand & Marketing, marking an expansion of...
Appointment

Ravi Garg Appointed Managing Director – Enterprise Business, APAC at Meta

Meta has appointed Ravi Garg as Managing Director – Enterprise Business, Asia-Pacific (APAC). In his new role, Garg will...