Tag:RBI

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...

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...

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...

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...

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...

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...

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...

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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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...