RBI penalises SBM Bank, imposes Rs 3 crore penalty
The Reserve Bank has imposed a Rs 3 crore penalty on SBM Bank (India) for not adhering to the regulatory norms by…
21 OCT 2019
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RBI announces new guidelines for ‘on tap’ authorisation of payment systems
The Reserve Bank of India (RBI) has come out with new guidelines for the on-tap authorisation of payment systems for…
17 OCT 2019
RBI didn’t print Rs 2,000 currency notes this Financial Year; reveals RTI
In a reply to an RTI filed by The New Indian Express, the Reserve Bank of India (RBI) has revealed…
16 OCT 2019
PMC account holders can now withdraw Rs 40,000: RBI
The Reserve Bank of India (RBI) has announced that it has raised the withdrawal limit for the customers of the…
15 OCT 2019
WhatsApp set to meet data localisation norms, soon to roll out its payments service: NPCI
The social messaging app WhatsApp will soon be allowed to roll out its payments service as it is set to…
14 OCT 2019
Economic situation of India is ‘Worrisome’, might push it down: Raghuram Rajan
Former Reserve Bank of India (RBI) Governor Raghuram Rajan has warned that the current situation of India’s economy is quite…
13 OCT 2019
Centre to consider law amendments to regulate coop banks: FM
Finance minister Nirmala Sitharaman said that centre is considering law amendments for better regulation of cooperative banks. She also said…
11 OCT 2019
Kerala Bank to become reality as RBI clears merger of district cooperative banks
The Reserve Bank of India (RBI) has given its final nod to the amalgamation of 13 district cooperative banks (DCBs)…
11 OCT 2019
RBI put brakes on merger of Lakshmi Villas Bank and Indiabulls Housing Finance
The Reserve Bank of India (RBI) has rejected the proposal of the merger between the Lakshmi Vilas Bank and Indiabulls…
09 OCT 2019
Not planning any liquidity facility for NBFCs: Deputy Governor RBI
The Reserve Bank of India (RBI) has denied planning any special liquidity facility for Non Banking Financial Companies (NBFCs) citing…
09 OCT 2019
