Tag:RBI

Banking

RBI Introduces New Liquidity Coverage Ratio Guidelines to Address Tech-Driven Withdrawal Risks

The Reserve Bank of India (RBI) has issued draft guidelines for banks, mandating them to maintain a higher stock of liquid securities as a...
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BFSI

RBI Tightens Regulations on Cash Pay-Out Services

In a move aimed at enhancing financial transparency and security, the Reserve Bank of India (RBI) has announced new regulations for cash pay-out services....
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Economy

India can Become World’s Second Largest Economy by 2031, Says Deputy RBI Governor

India has the potential to become the world's second-largest economy by 2031 and the largest by 2060, according to Michael Debabrata Patra, Deputy Governor...
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News

Jio Financial Services Receives RBI Approval to Become Core Investment Company

Jio Financial Services Ltd. announced today that it has received approval from the Reserve Bank of India (RBI) to convert from a Non-Banking Financial...
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BFSI

RBI Warns Banks Over ‘Lakhs of Accounts’ Linked to Fraudulent Transactions and Evergreening

The Reserve Bank of India (RBI) has issued a stern warning to banks regarding the proliferation of accounts being used for fraudulent transactions and...
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BFSI

RBI Imposes ₹1.31 Crore Penalty on Punjab National Bank for Non-Compliance

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,31,80,000 on Punjab National Bank (PNB) for non-compliance with certain regulatory directions....
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BFSI

RBI Governor Shaktikanta Das Urges Banks to Combat Mule Accounts and Enhance Cybersecurity

In a recent move to strengthen the banking sector's defenses against fraud, Reserve Bank of India (RBI) Governor Shaktikanta Das convened meetings with the...
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BFSI

RBI Joins ASEAN Nations in Project Nexus for Instant Cross-Border Retail Payments

In a landmark agreement, the Reserve Bank of India (RBI) and four ASEAN countries have committed to the creation of a platform designed to...
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Latest news

Appointment

Cohance Lifesciences Appoints Abbimanyu Ojhha as Chief Financial Officer

Cohance Lifesciences has appointed Abbimanyu Ojhha as its Chief Financial Officer (CFO). In his new role, Ojhha will lead...
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Appointment

Aurionpro Appoints Payments Veteran Krishnaraja Tantri as CEO of Payments Business

Aurionpro has appointed Krishnaraja Tantri, a payments industry veteran, as Chief Executive Officer of its Payments Business. In his...
Appointment

Commvault Appoints Sarv Saravanan as Chief AI and Business Technology Officer

Commvault has appointed Sarv Saravanan as its Chief AI and Business Technology Officer, adding a senior leader to its...