Search For "reserve bank of india rbi"
RBI mandates banks to set up committees for inspection of fraud cases afte
Updated : 1 year, 11 months ago IST
As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed show-cause notice (SCN) to the persons or entities against whom the fraud allegations are labelled.
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India can become world's second-largest economy by 2031: RBI Dy Governor P
Updated : 1 year, 12 months ago IST
India can become the second largest economy by 2031 and the largest economy in the world by 2060, said Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI) during a program at the Lal Bahadur Shastri National Academy of Administration, Mussoorie.
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Jio Financials gets RBI nod to become Core Investment Company
Updated : 1 year, 12 months ago IST
Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC).
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RBI penalizes five banks, including PNB, for regulatory non-compliance in
Updated : 2 years ago IST
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions.
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India's foreign exchange reserves slightly off all-time highs; declines by
Updated : 2 years ago IST
India's foreign exchange reserves declined by USD 1.713 billion to USD 651.997 billion during the week that ended June 28, official data from the Reserve Bank of India (RBI) showed on Friday. The reserves are currently a tad lower than their all-time highs of USD 655.817 touched recently.
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RBI grants Payment Aggregator license to SabPaisa (SRS Live Technologies)
Updated : 2 years ago IST
New Delhi [India], July 3: SabPaisa (SRS Live Technologies Private Limited), a leading payment solutions provider, announced that it has received final approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator (PA) under the Payments and Settlement Systems Act, 2007.
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India to create a cross-border retail payment platform with four ASEAN cou
Updated : 2 years ago IST
As per a statement from the Reserve Bank of India (RBI), an agreement was signed by the BIS and the central banks of the founding countries -- Bank Negara Malaysia (BNM), Bank of Thailand (BOT), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and the RBI on Sunday (
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Former RBI Governor Dr Duvvuri Subbarao Visits Rau's IAS Study Circle: A N
Updated : 2 years ago IST
New Delhi [India], June 29: Dr Duvvuri Subbarao, former Governor of the Reserve Bank of India (RBI), made a heartfelt visit to Rau's IAS Study Circle, where he once prepared for the Indian Administrative Service (IAS) examination. This visit marked a special moment in his life, reconnecting
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RBI tracking compilation of new macroeconomic data, for aligning Indian da
Updated : 2 years ago IST
The Reserve Bank of India (RBI) is closely tracking the developments of the compilation of new global standards of macroeconomic statistics, highlighted RBI Governor Shaktikanta Das, at the 18th Statistics Day Conference in Mumbai on Friday.
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RBI extends currency swap with SAARC countries till 2027
Updated : 2 years ago IST
The Reserve Bank of India (RBI), with the approval of the Government of India, has introduced a revised Framework on Currency Swap Arrangement for SAARC (South Asian Association for Regional Cooperation) countries, covering the period from 2024 to 2027, said RBI on Thursday.
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Prospects for Indian agriculture are brightening: RBI monthly bulletin
Updated : 2 years ago IST
The prospects for Indian agriculture are brightening with the early landfall of the southwest monsoon, highlights the monthly bulletin released by the Reserve Bank of India (RBI) on Wednesday.
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RBI's special audit over, IIFL Finance appoints team to implement correcti
Updated : 2 years ago IST
IIFL Finance, which caught the eyes of the Reserve Bank of India (RBI) for the significant irregularities in its gold loan portfolio, said it has taken necessary measures to address the identified concerns and prevent their recurrence.
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