RBI finalizes framework for self-regulatory organizations

According to RBI, this initiative, initially introduced as a draft on January 15, 2024, has now been refined based...

RBI’s dividend transfers to ease near-term deposit accretion woes

This transfer, coupled with the subsequent government spending, will bolster the central government's fiscal...

RBI's paints bright picture for Indian economy in 2024

he outlook for the Indian economy remains bright, backed by a sustained strengthening of various macroeconomic...

Faced with RBI scrutiny, both ECL Finance and Edelweiss Asset Rec

Both ECL Finance and Edelweiss Asset Reconstruction Company, upon which RBI put certain restrictions on Wednesday,...

Moglykids foundation curates 'Swavalamban' art show backed by SID

Swavalamban is a visual treat with diversity of art, photography and sculpture by artists from varied backgrounds...

RBI imposes business restrictions on two entities of Edelweiss

This decisive action comes in response to supervisory concerns identified during recent examinations, as per RBI release.

Union Bank of India modernises risk management with SAS

New Delhi [India], May 29: Union Bank of India, a premier public sector bank in the country, has successfully...

Asset Reconstruction Companies not working as per mandate: RBI

The Reserve Bank of India raised alarm on the functioning of the Asset Reconstruction Companies (ARCs) by...

RBI unveils PRAVAAH portal, retail direct app, fintech repository

The PRAVAAH (Platform for Regulatory Application, Validation and Authorisation) portal will allow any individual or...

RBI imposes monetary penalty on Yes Bank and ICICI Bank

The Reserve Bank of India (RBI) has imposed monetary penalty on Yes Bank and ICICI Bank for non-compliances with...

Faced with RBI audit, IIFL Finance delays earnings release

In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning,...

RBI’s Rs 2.11 lakh dividend to provides near term fiscal support

The Rs 2.11 lakh all-time high dividend by Reserve Bank of India, will help the government in maintaining the...