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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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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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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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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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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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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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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Appoitment

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...
Appointment

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...