RBI introduces new guidelines to broaden Credit Card network choices for consumers
The Reserve Bank of India (RBI) has launched new regulations aimed at expanding the options and flexibility available to consumers…
06 MAR 2024
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RBI approves Fincare and AU Small Finance Bank merger, effective from 1st April
The Reserve Bank of India approved the merger of Fincare Small Finance Bank Ltd and AU Small Finance Bank Ltd,…
05 MAR 2024
Jana Small Finance Bank gets RBI approval to re-appoint Ajay Kanwal as MD & CEO
Jana Small Finance Bank received approval from the Reserve Bank of India (RBI) to re-appoint Ajay Kanwal as the Managing…
28 FEB 2024
Vijay Shekhar Sharma, founder & non-executive chairman of Paytm Payments Bank steps down
Paytm founder Vijay Shekhar Sharma has resigned as part-time non-executive Chairman of Paytm Payments Bank Limited (PPBL) ahead of the…
27 FEB 2024
RBI’s Action on PayTM Banks: Regulatory Misses that Led to the Downfall
With the RBI imposing a slew of restrictive directions on PayTM Payments Bank (“PPBL”), the banking arm of the PayTM…
12 FEB 2024
RBI names Manoranjan Mishra as Executive Director effective from 1st Nov
The Reserve Bank of India (RBI) named Manoranjan Mishra as Executive Director (ED) with effect from November 1, 2023. He…
03 NOV 2023
Mufin Group gets RBI’s approval for PPI-licensed Prepaid Wallets
Mufin Group – an ecosystem providing multi-diversified financial enterprises in India, gets RBI’s approval to launch with its PPI-licensed prepaid…
23 OCT 2023
RBI increased bullet repayment gold loan limit for UCBs to 4 Lakhs
The Reserve Bank of India stated that the lending limits for gold loans under the bullet repayment program for urban…
07 OCT 2023
RBI nods SBI Fund Management to acquire up to 99.9% stake in HDFC Bank
The Reserve Bank has given SBI Funds Management (SBIFML) permission to acquire up to 9.99 percent of HDFC Bank, the…
18 MAY 2023
Profectus Capital gets a CoR from RBI under Factoring Regulation Act, 2011
The Reserve Bank of India (RBI) granted Profectus Capital Private Limited (PCPL), an NBFC sponsored by Actis, a Certificate of…
10 MAY 2023
