Search For "rbi guidelines"
A 2,124-Year Insurance Policy Triggers RBI Action, and the Launch of NYVO
Updated : 1 week, 3 days ago IST
New Delhi [India], February 11: A nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man. The annual premium was ₹2 lakh. The maturity date of the policy was the year 2124. This was not a hypothetical case or an isolated error, it happened. The Reserve Bank of Ind
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Transcorp International Limited Receives RBI's In-Principle Approval for C
Updated : 1 week, 3 days ago IST
Jaipur (Rajasthan) [India], February 7: Transcorp International Limited has received in-principle approval from the Reserve Bank of India (RBI) for participation in Centralized Payment Systems (CPS), marking a significant development in its banking services infrastructure. The CPS authorisat
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RBI issues detailed guidelines for Payment Aggregators, Gateways to boost
Updated : 5 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has rolled out detailed regulatory guidelines for Payment Aggregators (PAs) and recommended baseline technology standards for Payment Gateways (PGs), to ensure safety, transparency and resilience in the fast-growing digital payments ecosystem.
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No Queues, No Branch Visits: Open & Manage Your Savings Account with AU Vi
Updated : 5 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], September 16: In today's fast-paced world, no one wants to spend hours waiting at a bank branch. At AU Small Finance Bank, we bring the branch to your home with Video Banking.
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RBI guidelines reducing provisioning for project finance are credit positi
Updated : 8 months, 4 weeks ago IST
The Reserve Bank of India's (RBI) final guidelines for project finance loans, aimed at managing risks while supporting the viability of projects, are credit positive according to Moody's Ratings.
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RBI cancels registration certificate of Acemoney (India) Ltd due to irregu
Updated : 1 year, 11 months ago IST
The decision to revoke the CoR was made in light of the company's violations of RBI guidelines on risk management and code of conduct in outsourcing financial services, particularly in its digital lending operations conducted through various third-party apps.
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Tata Capital Home Loan balance transfers, What you need to know
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI/BusinessWire India): Tata Capital's Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home loan balance transfer process. You can now move your home loans from other financial instit
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Tata Capital Home Balance Transfers, What you need to know
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 20 (ANI/BusinessWire India): Tata Capital's Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home balance transfer process. You can now move your home loans from other financial institutes
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SBI not a nodal bank for rupee trade with Russia, but just processing bank
Updated : 3 years, 6 months ago IST
New Delhi [India], September 16 (ANI): Banking major State Bank of India has clarified it is just making necessary arrangements and processing requests that were received from various banks, including Russian banks, for settlement of trade in rupees with proper RBI guidelines and other polic
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RBI sets up mechanism to settle international trade payments in rupees
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday announced a mechanism to settle payments for international trade in rupees, which will help boost India's global trade, especially the country's exports.
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DocBoyz is taking doorstep banking to the next level
Updated : 3 years, 9 months ago IST
Pune (Maharashtra) [India], June 29 (ANI/PNN): DocBoyz, a Phygital Fintech platform, is taking doorstep banking to the next level through its gamut of services to banks and financial institutions.
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Extension in period for repayment under ECLGS will help MSMEs - Chairman T
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 4 (ANI/News Voir): The Government has modified the ECLGS (Emergency Credit Line Guarantee Scheme). Borrowers who are eligible for restructuring as per RBI guidelines of May 05, 2021 and had availed loans under ECLGS 1.0 of overall period of four years compr
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