Tag:RBI

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RBI’s New Draft Proposals to Reshape Operations of Private Sector Banks and Subsidiaries

The Reserve Bank of India (RBI) has released draft proposals aimed at tightening the operations between banks and their non-bank subsidiaries, a move that...
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BFSI

RBI Deputy Governor Urges Small Finance Banks to Strengthen Risk Management and Cybersecurity

In a move to bolster the operational resilience of Small Finance Banks (SFBs), Reserve Bank of India (RBI) Deputy Governor Swaminathan J. emphasized the...
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NBFC Sector Displays Resilience Amid Scale-Based Regulations, Reports RBI

In a recent article published in the September 2024 edition of the RBI Bulletin, Reserve Bank of India (RBI) officials lauded the resilience of...
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BFSI

RBI Innovation Hub Unveils MuleHunter AI to Tackle Fraudulent Mule Accounts

The Reserve Bank of India Innovation Hub (RBIH), a wholly-owned subsidiary of the Reserve Bank of India (RBI), has developed and showcased its artificial...
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BFSI

RBI Slaps Penalties on Five Entities, Including CSB Bank, Union Bank of India, and Muthoot Housing Finance, for Regulatory Violations

The Reserve Bank of India (RBI) has imposed monetary penalties on five financial institutions, including CSB Bank, Union Bank of India, and Muthoot Housing...
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News

RBI, CM Sukhvinder Singh Sukhu Discuss Financial Literacy Initiatives in Himachal Pradesh

Reserve Bank of India (RBI) Regional Director Anupam Kishore met with Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Tuesday to discuss strategies to...
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BFSI

Government and RBI Urge Banks to Enhance Deposit Mobilization Amid Concerns Over Credit-Deposit Growth Gap

In a joint appeal, the Indian government and the Reserve Bank of India (RBI) have urged banks to intensify their efforts in deposit mobilization,...
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Article

RBI’s Proposed Delegated Payments Feature on UPI Receives Industry Applause

In a move poised to revolutionize the digital payments landscape in India, the Reserve Bank of India (RBI) has proposed the introduction of Delegated...
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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...