RBI issues guidelines to ensure transparency in lending practices

According to RBI, the directive, effective immediately, aims to address concerns over certain unfair practices...

RBI cancels certificate of registration of Acemoney

The decision to revoke the CoR was made in light of the company's violations of RBI guidelines on risk management...

RBI facilitates small finance banks' shift to universal banking

According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eligibility...

RBI lays out criteria for conversion of Small Finance Banks to Un

The Reserve Bank of India (RBI) has set out certain provisions fulfilling which Small Finance Banks (SFBs) can...

RBI announces auction sale of Govt. securities of Rs 32,000 crore

The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs 32,000 crore....

RBI cautions public against using unauthorised prepaid payment

The Reserve Bank of India (RBI) cautioned the public against using websites or applications, and parting with their...

RBI cautions public against using unauthorised payment entities

The Reserve Bank of India (RBI) has urged the public to exercise utmost caution while using websites or...

RBI directs banks to report unauthorised forex trading to ED

The Reserve Bank of India (RBI) has issued a directive to banks regarding instances of unauthorized forex trading...

RBI deputy governor T Rabi Sankar's term extended by a year

The central government has re-appointed T Rabi Sankar as Deputy Governor, Reserve Bank of India, for one year with...

RBI bars Kotak Mahindra Bank from onboarding new online customers

The Reserve Bank of India (RBI) has directed Kotak Mahindra Bank to cease onboarding new customers through its...

PayU Receives RBI's In-Principle Approval to Operate as a Payment

New Delhi [India], April 24: PayU, one of India's leading digital financial services providers, today announced that...

India must annually grow 8-10% to achieve goals: RBI

To achieve its developmental goals over the next three decades, the Indian economy must grow at a rate of 8-10 per...