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Tag: RBI

Business

Need to remain alert about financial service innovations: RBI – Times of India

Posted on30 March 2024

[ad_1] MUMBAI: RBI deputy governor M Rajeshwar Rao said Saturday that technology and innovations can expand product offerings and financial services to underserved segments at …

Business

RBI Imposes Rs 6 Lakh Penalty On The Mandi Cooperative Bank: Heres Why

Posted on27 March 2024

[ad_1] New Delhi: The Reserve Bank of India on Wednesday imposed a Rs 6 lakh fine on Himachal Pradesh’s The Mandi Cooperative Bank for breaching prudential …

Business

Sovereign Gold Bond 2016 Series II Matures Tomorrow, March 28: Check Final Redemption Price And Other Details

Posted on27 March 2024

[ad_1] New Delhi: The Sovereign Gold Bond 2016 Series II, initiated in 2016 is due for redemption on 28 March 2024, the Reserve Bank of …

Business

RBI Initiates Special Audits For IIFL Finance, JM Financial Over Regulatory Breaches

Posted on24 March 2024

[ad_1] New Delhi: The Reserve Bank of India (RBI) has announced plans to conduct a special audit to investigate regulatory breaches by IIFL Finance Ltd …

Business

Forex reserves surge to $636.095 billion – Times of India

Posted on16 March 2024

[ad_1] NEW DELHI: Foreign exchange reserves surged by $10.470 billion to reach $636.095 billion by the end of the week ending on March 8, according …

Business

AU Small Finance Bank aims to become universal bank in 3-5 years – Times of India

Posted on10 March 2024

[ad_1] NEW DELHI: AU Small Finance Bank, which received RBI‘s approval to merge Fincare Small Finance Bank with itself last week, aims to become a …

Business

RBIs New Guideline On Credit Card; Directs Banks To Allow Customers To Choose From Multiple Card Networks

Posted on6 March 2024

[ad_1] New Delhi: The Reserve Bank of India (RBI) on Wednesday came up with new guidelines on credit cards. RBI has directed banks that they …

Business

Interoperable Payment System For Net Banking To Be Launched This Year: RBI Chief

Posted on4 March 2024

[ad_1] New Delhi: RBI Governor Shaktikanta Das on Monday said that the interoperable payment system for internet banking is expected to be launched this year …

Business

RBI bars IIFL Finance from sanctioning, disbursing gold loans – Times of India

Posted on4 March 2024

[ad_1] NEW DELHI: The Reserve Bank on Monday barred IIFL Finance with immediate effect from sanctioning or disbursing gold loans after certain material supervisory concerns …

Business

RBI Revises Bill Payment Rules: Key Changes, Effective Date, All You Need To Know

Posted on29 February 2024

[ad_1] New Delhi: The Reserve Bank of India, today, February 29, 2024, announced updated rules to make bill payments easier. The newly launched move boosts participation …

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