Tag:RBI

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...

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...

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...

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...

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...

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...

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...

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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Tirupati Group Appoints Uday K. Potdar as Chief Financial Officer

Tirupati Group has appointed Uday K. Potdar as its Chief Financial Officer (CFO), strengthening the company’s senior leadership team....
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Nishit Shrivastava Appointed Chief Technology Officer at Aye Finance

Aye Finance has appointed Nishit Shrivastava as its Chief Technology Officer (CTO), strengthening the company’s leadership team. In his...

AuthBridge Elevates Raviraj Singh Ghai to President & Chief Operating Officer

AuthBridge has elevated Raviraj Singh Ghai to the position of President & Chief Operating Officer, marking an expanded leadership...