RBI announces launch of its first retail digital rupee programme
The Reserve Bank of India announces the introduction of the first retail digital Rupee (e₹-R) experiment on December 1, 2022.…
30 NOV 2022
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Decoding Co-lending: Is it driving the global popularity?
In 2018, the Reserve Bank of India (RBI) introduced the co-origination framework, allowing banks and NBFCs to co-originate loans. This…
19 NOV 2022
RBI Deputy Governor: Customer protection is at the crux of microfinance regulation
Customer protection, according to the central bank’s Deputy Governor M Rajeshwar Rao, is at the heart of microfinance regulation, and…
08 NOV 2022
Reserve Bank of India to test launch ‘Digital Rupee’ for specific use cases
The Reserve Bank of India (RBI) said on Monday that pilot launches of the digital rupee for specified use cases…
01 NOV 2022
Foreign exchange reserves drop to $525 billion, lowest since July 2020
The Reserve Bank of India’s foreign exchange reserves fell by $3.8 billion to $524.52 billion in the week ending October…
31 OCT 2022
RBI flags big-tech concerns about financial stability
The Reserve Bank has once again raised concerns about big tech’s impact on financial services and financial stability. “Given their…
19 OCT 2022
RBI nominates 16 major NBFCs to its upper layer list
The Reserve Bank of India (RBI) published a list of 16 upper layer non-banking finance firms (NBFC-ULs) that must conform…
13 OCT 2022
RBI alters foreign currency regulations for banks
In an effort to lessen the risk of unhedged exposure in the banking sector during periods of excessive volatility in…
12 OCT 2022
Seva Vikas Co-operative Bank’s license to be revoked
The Reserve Bank of India (RBI) terminated the licence of Pune-based Seva Vikas Co-operative Bank on Monday, and the bank…
11 OCT 2022
RBI plans to connect credit cards to UPI may benefit fintechs
The Reserve Bank of India plans to connect credit cards to UPI with the help of fintech companies like Paytm,…
04 OCT 2022
