Tag:Reserve Bank of India

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India’s Digital Transformation: A 56% Surge in Daily E-Transactions and Significant DBT Milestones

India continues to lead the global digital revolution, achieving remarkable growth in its digital economy and public service delivery. Addressing the conference on ‘Digital...
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RBI Governor Shaktikanta Das Flags Concerns on Cryptocurrencies, Warns of Financial Instability Risks

Reserve Bank of India (RBI) Governor Shaktikanta Das has once again expressed grave concerns over the rising popularity of cryptocurrencies, emphasizing the risks they...
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RBI Updates ‘Alert List’ of Unauthorised Forex Trading Platforms, Adds 13 New Entities

The Reserve Bank of India (RBI) on Tuesday expanded its 'Alert List' of unauthorised forex trading platforms, adding 13 more entities, including TDFX and...
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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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India’s Current Account Deficit Widens in April-June Quarter

India's current account deficit (CAD) widened to $9.7 billion, or 1.1% of GDP, in the April-June quarter of fiscal 2024, compared to $8.9 billion,...
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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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BFSI

RBI Proposes Enhanced Security Framework for Digital Payments

The Reserve Bank of India (RBI) has released a draft framework aimed at bolstering the security of digital payments across the country. The proposed...
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Somnath Adak Appointed Group Chief Financial Officer at TO THE NEW and CloudKeeper

TO THE NEW and CloudKeeper have appointed Somnath Adak as Group Chief Financial Officer (CFO), strengthening the financial leadership...
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Appointment

Altera Appoints Nishit Sahay as Chief Information Officer

Altera has appointed Nishit Sahay as its Chief Information Officer (CIO), strengthening the company’s senior technology leadership. In his...
Appointment

Chetan Garg Appointed Chief Financial Officer at RateGain

RateGain has appointed Chetan Garg as its Chief Financial Officer (CFO), strengthening the company’s senior leadership team. In his...