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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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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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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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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IAS Diwakar Nath Misra Appointed Government Nominee Director on NTPC Board

NTPC Limited has announced the appointment of IAS Diwakar Nath Misra as Government Nominee Director on its Board. Misra...
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Appointment

Fractal Appoints Shilpa Kedia as Chief Financial Officer

Fractal has appointed Shilpa Kedia as its Chief Financial Officer (CFO), adding a new leader to its senior management...
Appoitment

Jalgaon Janata Sahakari Bank Appoints Rakesh Patil as Chief Information Security Officer

Rakesh Patil has announced his appointment as Chief Information Security Officer (CISO) at Jalgaon Janata Sahakari Bank. In this...