Big liquidity surplus prompts RBI to soak it up via VRRR auctions
With short-term liquidity turning into a big surplus, the Reserve Bank of India (RBI) conducted two back-to-back variable rate reverse
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Tag: RBI
RBI directs JM Financial Products to halt financing against shares and debentures
Non-banking finance companies (NBFCs) seem to be finding themselves in the regulator’s crosshairs. A day after the Reserve Bank of
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Interoperability of internet banking to be launched in 2024
In a move that could make the merchant payment ecosystem more agile and efficient, the Reserve Bank of India has
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Despite higher risk weights, banks’ credit card exposure up 31% y-o-y
Banks’ credit card exposure continued to grow at a fast pace of over 30 per cent, despite the higher risk
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NBFC-MFIs seek revision in annual household income criteria for giving microfinance loans
NBFC-MFIs (non-banking finance company-microfinance institutions) want the Reserve Bank of India to revise the criteria relating to annual household income
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Administrator likely to be appointed at Paytm Payments Bank after March 15
With less than a fortnight to go for Paytm Payments Bank to wind down its operations, highly placed sources in
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Share of term deposits in Banks’ total deposits up at 60.3% in Dec 2023: RBI
The share of term deposits in scheduled commercial banks (SCBs) total deposits increased to 60.3 per cent in December 2023
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₹2000 withdrawal: Total value of banknotes in circulation declined to ₹8,470 crore by Feb-end: RBI
The Reserve Bank of India (RBI) on Thursday said 97.62 per cent of the ₹2,000 banknotes in circulation as on
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RBI revises BBPS framework to streamline bill payments, enhance protection
Reserve Bank of India has put in place a revised regulatory framework for Bharat Bill Payment Systems (BBPS) based on
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RBI updates framework for its fintech sandbox, extends certain process timelines
Reserve Bank of India has updated the ‘Enabling Framework for Regulatory Sandbox’, increasing the timelines for various stages of the
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