Tag:RBI

Finance

RBI Modifies Norms for Investment in Alternative Investment Funds

The Reserve Bank of India (RBI) has announced modifications to the norms governing investments of banks, non-banking financial companies (NBFCs), and other lenders in...
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Banking

Indian Banks Report Fraud Worth Rs 5.3 Lakh Crore in Past Decade, RBI Data Reveals

Indian banks have collectively reported frauds amounting to a staggering Rs 5.3 lakh crore over the last decade, as per data released by the...
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News

RBI’s Regulatory Clampdowns to Enhance Compliance, Impact Financial Sector Growth

In a recent report, the Reserve Bank of India's (RBI) stringent measures on select banks and non-banking financial companies (NBFCs) are highlighted as pivotal...
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News

NPCI Arm, Banks, and Fintechs in Discussion for Net Banking Synergies for Interoperability

In a bid to enhance banking interoperability, NPCI Bharat Billpay (NBBL) is currently engaged in discussions with banks and fintech firms. This initiative follows...
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Banking

RBI Advises Agency Banks to Keep Government Business Branches Open on March 31

In a recent announcement, the Reserve Bank of India (RBI) has advised agency banks to keep all their branches dealing with government business open...
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News

RBI Alerts Banks to Heightened Cybersecurity Threats: Action Points Issued After Inspection

In a recent development, the Reserve Bank of India (RBI) has issued a heightened alert to several banks, urging them to fortify their cybersecurity...
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News

RBI Plans Interoperable Internet Banking System for Faster Merchant Payments

The Reserve Bank of India (RBI) is gearing up to introduce an interoperable payment system for internet banking, aimed at accelerating fund settlements for...
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News

UPI Accounts for 80% of India’s Digital Payments: RBI Governor

The Reserve Bank of India (RBI) Governor addressed a distinguished gathering at the Digital Payments Awareness Week celebrations, highlighting the remarkable growth and security...
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Latest news

Transfer/Appointment

Lt. Gen Syed Ata Hasnain (Retd.) Appointed Governor of Bihar

Lt. Gen Syed Ata Hasnain (Retd.) has been appointed as the Governor of Bihar, marking the transition of the...
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Appoitment

Sanjay Agarwal Reappointed as MD & CEO of AU Small Finance Bank

AU Small Finance Bank has reappointed Sanjay Agarwal as its Managing Director & Chief Executive Officer, reaffirming leadership continuity...
Transfer/Appointment

Odisha IAS Reshuffle: Key Changes Across MSME, Industry and Governance Sectors

The Government of Odisha has issued a fresh round of administrative adjustments among senior IAS officers, as per a...