RBI: Page 7
RBI To Explore the Need For Digital Currency
While releasing a booklet, the central bank noted that private digital currencies/virtual currencies/cryptocurrencies have gained popularity in recent years
RBI Bars HDFC Bank From Acquiring New Credit Card Customers, Digital Launches
These strictures come on the back of several instances of technical glitches and outages on internet banking, mobile banking over the last two years
Corporates As Bankers: Not a Bankable Idea
RBI has moved beyond the normal terms on promoters' eligibility and net worth and has set a minimum threshold on assets requirement and operational record
RBI Slaps Penalty Amounting to INR 5.78 Cr on Muthoot Finance, PhonePe, 4 Others for Violating Regulatory Norms
Sodexo, QwikCilver, Punjab National Bank Ltd (PNB) and Delhi Metro Rail Corporation Ltd (DMRC) are the other four entities to be fined for violating regulatory norms
Lendingkart First to Launch Co-Lending Scheme In Partnership With Banks Post RBI's Revised Guidelines
Lendingkart has launched a co-lending software-as-a-service (SaaS) platform Lendingkart 2ghtr, for banks and non-banking financial institutions (NBFCs)
India's GDP Expected to Shrink 9.5% for FY21, But Silver Linings Already Visible: RBI
RBI governor Shaktikanta Das at the central bank's MPC meeting announced a range of measures to support the economy in emerging from the impact of the Covid-19 pandemic
How ML-Driven Early Warning Systems Help Lenders Monitor MSMEs
The technology itself has evolved over the past decade to cater to the processing of structured and unstructured data at scale by leveraging ML-driven technology
COVID-19 Threw Away Our Traditional Wisdom: Dr. Viral V. Acharya
Reserve Bank of India's former deputy governor and Indian economist talks about the role of micro entrepreneurs in nation building and how financial institutions can play a crucial role, especially during the pandemic
RBI Keeps Interest Rates Unchanged, Proposes More Measures to Fight Covid-19
The central bank has slashed interest rates by 115 basis points (bps) since the beginning of this year, bringing it to the lowest level since 2000. Repo rate was last cut in an off-cycle policy review in May
Covid-19 Lockdown: RBI puts off EMIs, Slashes Interest Rates
RBI has not only cut its benchmark repo rate by 70 basis points but also slashed cash reserve ratio by 100 basis points
Three-Month Loan Moratorium: Not a Waiver, May Not Benefit All Borrowers
Opposed to prima facie benefits of the three-month loan moratorium announced by the RBI, finer details reveal its a costly proposition
SC Nixes RBI's Curb on Crypto, but Industry Still Not Convinced
Though a welcome move, the supreme court's judgment to squash RBI's curb on cryptocurrency transactions through banks does not solve the core problems ailing the industry, say experts
Relief For Cryptocurrency Stakeholders, Trading Now Legal In India
A three-judge SC bench struck down RBI's ban on cryptocurrency saying that the ban was 'disproportionate'
Everything You Need To Know About The Proposed Cryptocurrency Ban In India
RBI governor Shaktikanta Das said that issuing currency is a sovereign mandate and this should not be given to private companies
WhatsApp Returns Disappointed After RBI Bars Launch Of Payments In India
RBI has told Supreme court that WhatsApp is not compliant with data localisation norms and has directed NPCI to stop full-scale launch of WhatsApp Pay in India