RBI holds repo rate for 9th time in a row at 6.5%
RBI decided to keep policy rates on hold for the ninth consecutive time, citing strong demand and the need to
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RBI NEWS
RBI mandates fortnightly credit information reporting
The Reserve Bank of India (RBI) mandated the frequency of credit information reporting to fortnightly basis as a measure to
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Now, cheques to be cleared in a few hours
Reserve Bank of India (RBI) has proposed continuous clearing of cheques with ‘on-realization-settlement’ Cheque Truncation System, instead of the current
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RBI proposes risk-based pricing for deposit cover
RBI has proposed risk-based pricing for bank deposit insurance. The reasoning is that stressed banks could face rapid deposit withdrawals
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RBI issues two-factor check norms
RBI has said that any alternative to the SMS-based OTP as an additional factor of authentication should be dynamically generated.
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RBI decision on 14-year, 30-year tenors G-Secs
Reserve Bank excluded government securities (G-Sec) of 14-year and 30-year tenors from the Fully Accessible Route (FAR) for foreign portfolio
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Reserve Bank tightens norms for NBFC-P2P lending platforms
The Reserve Bank of India (RBI) tightened norms for Non-Banking Financial Company-Peer to Peer Lending Platforms (NBFC-P2P Lending Platform) to
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RBI okays Tata Capital conversion to NBFC-ICC
The Reserve Bank of India (RBI) has approved Tata Capital Limited’s (TCL) conversion from a non-banking finance company (NBFC)-core investment
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RBI issues norms to improve safety of payment systems
The RBI said non-bank payment system operators will have to put in place a real-time fraud monitoring solution to identify
Read moreRBI pulls up UCBs creating Dividend Equalisation Fund
The Reserve Bank of India asked Urban Cooperative Banks to stop the practice of setting up a Dividend Equalisation Fund
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