August 2024 Archives - Banking Finance - News, Articles, Statistics, Banking Exams, Banking Magazine

RBI flage ‘lakhs’ of accounts used for fraud, evergreening

The Reserve Bank of India has raised an alarm over certain banks having ‘lakhs’ of accounts used for fraudulent transactions

RBI issued three revised master directions on fraud risk management for Regulated Entities such as commercial banks including regional rural

India added nearly 4.7 crore jobs in the 2023-24 fiscal year, a Reserve Bank of India report showed, higher than

Reserve Bank of India governor Shaktikanta Das urged heads of select public and private sector banks to step up efforts

The Mumbai crime branch’s cyber police have arrested a 51-year-old painter from Ghatkopar for his alleged role in duping a

RBI is exploring appropriate deposit insurance coverage for green deposits, climate risk-based differential premiums and ex ante funding needs for

The Reserve Bank of India announced the appointment of Arnab Kumar Chowdhury and Charulatha S Kar as executive directors. Chowdhury

The Reserve Bank said it has cancelled the certificates of registration of two NBFCs — Star Finserv India and Polytex

RBI has joined Project Nexus, an initiative to enable instant cross-border retail payments by linking domestic Fast Payment Systems. Nexus

The RBI proposed rationalising regulations that cover export and import transactions with an aim to promote ease of doing business