Tag:Reserve Bank of India

BFSI

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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BFSI

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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BFSI

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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BFSI

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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BFSI

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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BFSI

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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News

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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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...