Fixed deposit losing appeal from young investors
Finance minister Nirmala Sitharaman nudged state-run banks to step up deposit mobilisation and conduct special drives so that it can
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Banking Finance Year 2024
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
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Reserve Bank of India revises fraud norms
RBI issued three revised master directions on fraud risk management for Regulated Entities such as commercial banks including regional rural
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India added 4.7 crore jobs in FY24: RBI data
India added nearly 4.7 crore jobs in the 2023-24 fiscal year, a Reserve Bank of India report showed, higher than
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RBI governor Das tells bankers to step up action on mule accts
Reserve Bank of India governor Shaktikanta Das urged heads of select public and private sector banks to step up efforts
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Retired financial professional duped of Rs 2 crore in stock market fraud in Mumbai
The Mumbai crime branch’s cyber police have arrested a 51-year-old painter from Ghatkopar for his alleged role in duping a
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RBI mulling insurance for green deposits
RBI is exploring appropriate deposit insurance coverage for green deposits, climate risk-based differential premiums and ex ante funding needs for
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RBI appoints Arnab Kumar Chowdhury, Charulatha S Kar as executive directors
The Reserve Bank of India announced the appointment of Arnab Kumar Chowdhury and Charulatha S Kar as executive directors. Chowdhury
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RBI cancels registration of 2 NBFCs
The Reserve Bank said it has cancelled the certificates of registration of two NBFCs — Star Finserv India and Polytex
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RBI to link UPI, Asean payment systems
RBI has joined Project Nexus, an initiative to enable instant cross-border retail payments by linking domestic Fast Payment Systems. Nexus
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