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

Kirit Patel Appointed Chief Executive Officer at Naffo Technologies

Naffo Technologies has appointed Kirit Patel as its Chief Executive Officer (CEO), bringing new leadership to the company’s senior...
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Appointment

BNP Paribas India Appoints Bhavna Kumar as Managing Director – Human Resources

BNP Paribas India has appointed Bhavna Kumar as Managing Director – Human Resources, strengthening its senior leadership team. In...
Appointment

Himanshu Shekhar Joins VEGA as Head of Digital, D2C and Growth

VEGA has appointed Himanshu Shekhar as Head – Digital, D2C & Growth, strengthening its leadership across digital and direct-to-consumer...