RBI relaxes alternate fund norms for lenders
MUMBAI: RBI has relaxed its earlier norms on alternate investment funds, which required lenders to make full provisions for their ...
Tag: Rbi
RBI to conduct special audit of IIFL Finance, JM Financial Products
New Delhi: IIFL Finance and JM Financial Products (JMFPL) will undergo a special audit to further probe their regulatory breaches, ...
RBI to conduct special audit for regulatory breaches by IIFL Finance, JM Financial Products
NEW DELHI: IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their ...
Significant per capita income shifts to small town opportunities – what RBI bulletin has to say about household preferences as incomes rise
There are significant per capita income shifts underway, according to the Reserve Bank of India’s (RBI) bulletin for the month ...
AI raises cybersecurity risks: RBI governor
MUMBAI: RBI governor Shaktikanta Das on Friday said that with the advent of AI, cybersecurity challenges can rise manifold, and ...
RBI signs pact with Bank Indonesia
MUMBAI: RBI and Bank Indonesia (BI) on Thursday signed a Memorandum of Understanding (MoU) to promote use of local currencies ...
RBI updates credit and debit card rules; here’s what it means for cardholders | India Business News
Para of MDExisting ProvisionAmended Provision7(c)Card-issuers may issue business credit cards to business entities/individuals for business expenses. The business credit cards ...
RBI asks banks to check end use of card payments
MUMBAI: RBI has asked credit card issuers to set up a system that can ascertain the end use of funds ...
RBI clears ‘interoperable’ net banking payments
MUMBAI: RBI governor Shaktikanta Das said the central bank has approved a platform that will facilitate online merchants to receive ...
RBI approves Fincare-AU Small Finance Bank merger
MUMBAI: RBI has approved the merger of Fincare Small Finance Bank with AU Small Finance Bank. The effective date of ...