Tag: RBI
NBFCs’ fund-raise from securitisation inflates by 2.5 times
Non-Banking Financial Companies (NBFCs) have raised Rs 26,200 crore via securitisation in FY 2019, a growth of more than two and a half times...
RBI slashes repo rate by 25 basis points
The Reserve Bank of India (RBI) has slashed its repo rate under liquidity adjustment facility (LAF) by 25 basis points with immediate effect. The...
The Future of Banking and Insurance Sector: Video KYC
In December 2018, the Reserve Bank of India (RBI) mulled over some new modes of electronic verification methods pertaining to the financial institutions of...
RBI relaxes bank lending norms for well-rated NBFCs
In a bid to maintain risk weights on bank lending, the Reserve Bank of India (RBI) has eased norms for Non-Banking Financial Companies (NBFCs).
This...
RBI forms panel to boost digital payments led by Nandan Nilekani
In a bid to boost the usage digital payments, the Reserve Bank of India (RBI) has formed a high-level committee under the leadership of...
RBI grants NBFC license to two more P2P lending startups
The Reserve Bank of India (RBI) has granted Non-Banking Financial Company (NBFC) license to two more fintech startups.
RupeeCircle and IndiaMoneyMart are the two start-ups...
RBI set to release new Rs 20 currency note soon
The Reserve Bank of India (RBI) is planning to release new currency notes Rs 20 currency note with additional features, as stated in a...
RBI shortlists IBM, Wipro, TCS and three other IT firms for...
For setting up a wide-based digital Public Credit Registry (PCR), the Reserve Bank of India has shortlisted six leading IT firms, including TCS, Wipro...
RBI to unveil digital payments ombudsman to tackle complaints
The Reserve Bank of India is planning to introduce an 'ombudsman scheme' for offering cost-free mechanism to redress grievances of customers pertaining to digital transactions.
As...
Repo rate remains unchanged, RBI maintains status quo
The Reserve Bank of India (RBI) on Wednesday maintained the status quo by not making any changes in the current repo rate of 6...
