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      RBI mandates banks to set up committees for inspection of fraud cases

RBI mandates banks to set up committees for inspection of fraud cases

As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed show-cause...


      
      India can become world's 2nd largest economy by 2031: RBI DG

India can become world's 2nd largest economy by 2031: RBI DG

India can become the second largest economy by 2031 and the largest economy in the world by 2060, said Michael...


      
      Jio Financials gets RBI nod to become Core Investment Company

Jio Financials gets RBI nod to become Core Investment Company

Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment...

      
      RBI penalizes five banks, including PNB, for non-compliance

RBI penalizes five banks, including PNB, for non-compliance

The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week...


      
      India's foreign exchange reserves slightly off all-time highs

India's foreign exchange reserves slightly off all-time highs

India's foreign exchange reserves declined by USD 1.713 billion to USD 651.997 billion during the week that ended...


      
      RBI grants Payment Aggregator license to SabPaisa

RBI grants Payment Aggregator license to SabPaisa

New Delhi [India], July 3: SabPaisa (SRS Live Technologies Private Limited), a leading payment solutions provider,...

      
      India, four ASEAN countries to create platform for online payment

India, four ASEAN countries to create platform for online payment

As per a statement from the Reserve Bank of India (RBI), an agreement was signed by the BIS and the central banks of...

      
      Dr Duvvuri Subbarao Visits Rau's IAS Study Circle

Dr Duvvuri Subbarao Visits Rau's IAS Study Circle

New Delhi [India], June 29: Dr Duvvuri Subbarao, former Governor of the Reserve Bank of India (RBI), made a...

      
      RBI tracking compilation of new macroeconomic data

RBI tracking compilation of new macroeconomic data

The Reserve Bank of India (RBI) is closely tracking the developments of the compilation of new global standards...


      
      RBI extends currency swap with SAARC countries till 2027

RBI extends currency swap with SAARC countries till 2027

The Reserve Bank of India (RBI), with the approval of the Government of India, has introduced a revised Framework on...

      
      Prospects for Indian agriculture are brightening: RBI

Prospects for Indian agriculture are brightening: RBI

The prospects for Indian agriculture are brightening with the early landfall of the southwest monsoon, highlights...


      
      RBI's special audit over, IIFL Finance appoints team

RBI's special audit over, IIFL Finance appoints team

IIFL Finance, which caught the eyes of the Reserve Bank of India (RBI) for the significant irregularities in its...
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