RBI mandates key fact statement for retail, MSME loans
The Reserve Bank of India has mandated the requirement of issuing a Key Fact Statement, detailing cumulative charges and interest
Continue reading
Tag: RBI
RBI to adopt principle-based framework for authenticating digital payments
Mumbai The Reserve Bank of India today proposed adopting a principle-based ‘framework for authentication of digital payment transactions’ to enhance
Continue reading
RBI to introduce programmability and offline functionality in CBDC pilot
The Reserve Bank of India plans to introduce additional additional functionalities of programmability in CBDC retail payments to facilitate transactions for specific/targeted
Continue reading
RBI conducts two VRRR auctions for the second day in succession
With overnight money market rates softening substantially, the Reserve Bank of India (RBI) conducted one-day variable rate reverse repo (VRRR)
Continue reading
Paytm seeks deadline extension but RBI may not oblige
In a meeting held with Reserve Bank of India officials, Vijay Shekar Sharma, founder and managing director and CEO of
Continue reading
Paytm Payments Bank: Continued regulatory lapses drew stringent RBI action
As more details surface around the reasons for Reserve Bank of India taking stringent action against Paytm Payments Bank, doubts
Continue reading
RBI approves HDFC Bank’s proposal to acquire 9.5% in IndusInd Bank
HDFC Bank | Image credits: Bloomberg In a letter dated February 5, 2024, the Reserve Bank of India (RBI)
Continue reading
Ahead of RBI deadline, most banks make AIF provisions in Q3
Amid few options for existing investments and the hope of some easing in guidelines by the regulator, most private banks
Continue reading
RBI likely to continue status-quo on short-term lending rate, say experts
Coming close on the heels of the interim budget which maintained the status quo on policy front, the Reserve Bank
Continue reading
No ED investigation against company or CEO for money laundering: Paytm
Vijay Shekhar Sharma, Founder, Chairman & CEO – One97 Communications (Paytm) The Enforcement Directorate is neither investigating One97 Communications,
Continue reading