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

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...