RBI: Page 4
RBI's Receives Around 13,000 Complaints Against Banks and NBFCs
With the piling grievances of financial customers, RBI receives complaints under its new scheme
RBI's Inflation Mandate Failure Report Cannot Be Made Public: Government
As per reports, an out-of-turn meeting of the monetary policy committee (MPC) of the RBI was held in early November to bat around the report to be sent to the central government for failing to maintain the inflation mandate
RBI Shortlists Seven Global Consultancy Firms To Use AI, ML For Supervisory Functions: Report
On the data collection side, AI and ML technologies are used for real-time data reporting, effective data management and dissemination
Don't Create Fear Psychosis Over Privacy Concerns, Shaktikanta Das On CBDC
Former RBI governor, D. Subbarao has said that anything digital that leaves a footprint can have various solutions
RBI Introduces Single-Block-And-Multiple-Debit Functionality In UPI
Also, RBI has plans to expand the scope of Bharat Bill Payment System (BBPS) to include all categories of payments and collections, both recurring and non-recurring in nature
RBI Hikes Repo Rate By 35 Bps; Industry Reacts
The apex bank maintained its 6.7 percent inflation forecast for the current fiscal year ending March while saying that the battle against inflation is not over yet
A Bumpy Start For RBI's e-Rupee
With its wholesale and retail pilots being live, will the central bank be able to create a loyal user base?
RBI Announces Four-Tiered Regulatory Framework For UCBs
The four-tiered regulatory framework, based on the size of deposits of UCBs, will come into force with immediate effect
Finance Ministry To Meet Bank Chiefs To Promote Cross-Border Trade In Rupee
The meeting will be chaired by financial services secretary Vivek Joshi and is also likely to see attendance from representatives of the Reserve Bank of India and Indian Banks' Association (IBA)
RBI's Retail e-Rupee Pilot to Kickstart on December 1
In its pursuit to popularize electronic alternate to currency, RBI sticks to its timeline for bringing Digital Rupee to the table
RBI Asks Paytm To Reapply For Payment Aggregator Licence
It is said that the company will not onboard new online merchants till the time approvals remain pending
RBI Governor Advises Banks To Remain Watchful Of Evolving Macroeconomic Situation
The governor said that despite challenges, the Indian banking sector has remained resilient and continued to improve in various performance parameters
RBI To Launch First Pilot Of Digital Rupee
As per reports the pilot for retail digital currency is likely to be launched this month
India Will Beat Germany To Become Fourth Largest Economy By 2026
The statement came weeks after the IMF forecast revealed that Germany and Italy will slip into recession next year
RBI To Improve Availability Of Digital Infra For Banking, Says Shaktikanta Das
The governor also said that the RBI issued the required guidelines after consulting the Indian Banks Association and other experts in the field, following the Union Budget 2022-23 announcement of setting up 75 digital banking units