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

Teena Jose

RBI Allows ARCs To Acquire Bankrupt Firms

RBI has also raised the minimum capital requirement for setting up ARCs to INR 300 crore from existing INR 100 crore

Teena Jose

Cryptocurrencies Poses Serious Challenge To Country's Financial Stability: RBI Note

The central bank also said that CBCDs are the next step in the evolutionary progression of sovereign currency

Teena Jose

RBI Introduces Internal Ombudsman Mechanism For CICs

The central bank also introduced a new initiative DAKSH, the bank's advanced supervisory monitoring system, which is expected to make the supervisory processes more robust

Teena Jose

Sebi Asks Brickwork Ratings To Shutdown Within 6 Months

The action was taken citing failure to exercise proper skill, care and diligence while discharging its duties as a credit rating agency

Teena Jose

We Are Here To Support Innovation, RBI Governor To Fintechs

Shaktikanta Das also said that the need of the hour is to ensure assurance of safety after following a process of green-lighting and due diligence by the regulated entities

Teena Jose

Inflation Management Cannot Be Singularly Left To RBI, Says Nirmala Sitharaman

The finance minister said that the word 'taming inflation' or the word 'keeping it within the tolerance limit', is an exercise of so many different activities and a majority of which is outside the monetary policy in today's circumstances

Teena Jose

RBI Releases Alert List Of Illegal Forex Trading Platforms

RBI also warned the individuals that undertaking foreign exchange transactions for reasons other than those permitted under the Act or via unauthorized platforms would be liable to face legal action

Teena Jose

T Rabi Sankar On RBI's Key Focus Areas For Financial Inclusion

Deputy governor of RBI said that RBI mainly focuses to scale the digital infrastructure while preserving the technical stability

Teena Jose

NPCI Directs Payment Apps Not To Charge Platform Fee On BBPS

The reports said that government is likely to treat the unified payments interface (UPI) as public good in which customers do not required paying

Teena Jose

RBI Lifts Ban On American Express

As per the RBI norms, American Express have been required to store Indian payment data locally since October 2018

Teena Jose

Decoding RBI's Digital Lending Guidelines

With regulated digital platforms, more informed and smarter decisions could be made about getting digital credit

Akshay Mehrotra