Tag:Reserve Bank of India

News

RBI Permits Withdrawal of Up to ₹25,000 for New India Cooperative Bank Depositors

The Reserve Bank of India (RBI) has granted depositors of New India Cooperative Bank the ability to withdraw up to ₹25,000, effective February 27,...
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Transfer/Appointment

Former RBI Governor Shaktikanta Das Appointed as Principal Secretary-II to PM Modi

Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as Principal Secretary-II to Prime Minister Narendra Modi. Das, a retired IAS...
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News

First Rate Cut in Five Years: RBI Slashes Repo Rate to 6.25%

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday announced a 25-basis-point reduction in the repo rate, bringing it down to...
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News

India’s Economic Trajectory Hinges on Upcoming Budget and RBI Policy Meeting: UBI Report

The coming days will be crucial for India's economic outlook as the Union Budget announcement on February 1 and the Reserve Bank of India’s...
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News

RBI Constitutes Standing External Advisory Committee to Evaluate Banking Applications

The Reserve Bank of India (RBI) has announced the establishment of a Standing External Advisory Committee (SEAC) to evaluate applications for Universal Banks and...
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News

Secretary, DFS M Nagaraju Leads Strategic Meeting with Fintech Ecosystem Partners and Key Stakeholders

M Nagaraju, Secretary, Department of Financial Services (DFS), Ministry of Finance, chaired a significant meeting with key stakeholders from the Fintech ecosystem. The meeting,...
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News

RBI Enables Seamless Digital Payments with UPI-Wallet Integration for Full-KYC Users

The Reserve Bank of India (RBI) has introduced a significant enhancement to digital payment systems, allowing users to make Unified Payments Interface (UPI) transactions...
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BFSI

RBI to Pilot Local Cloud Data Storage for Financial Firms in 2025

The Reserve Bank of India (RBI) is set to pilot a locally-developed cloud data storage platform in 2025. This move aims to provide cost-effective...
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Appointment

Latha Nathan Joins Fulcrum Digital as Senior Vice President – India Delivery Operations

Fulcrum Digital has appointed Latha Nathan as Senior Vice President – India Delivery Operations. In her new role, she...
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Appoitment

Kshema General Insurance Elevates Sunil Mandava to Chief Information Officer

Kshema General Insurance has elevated Sunil Mandava to the position of Chief Information Officer (CIO). In his new role,...
Appointment

Zscaler Appoints Steve Lee to Lead CXO Advisory for Asia Pacific and Japan

Zscaler has welcomed Steve Lee to lead its CXO Advisory function across Asia Pacific and Japan (APJ). In this...