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RBI to vet IDBI bidders soon

RBI is expected to accelerate a key process of vetting IDBI Bank’s potential buyers and complete it by October end,

RBI has appointed Muneesh Kapur as Executive Director (ED) with effect from October 3, 2023. Prior to being promoted as

RBI has constituted a nine-member external working group to get independent views on Expected Credit Loss (ECL) based framework for

The RBI will introduce the facility for creation of card-on-file tokenisation at the issuer bank level to enhance convenience for

RBI is planning to issue a framework for the recognition of SROs (Self-Regulatory Organisations ) for regulated entities (REs), RBI

RBI has allowed NBFCs classified as middle and base layer entities, to utilise credit risk mitigation tools to offset their

The Reserve Bank of India’s Monetary Policy Committee (MPC), as expected, left the repo rate, the rate at which the

Financial savings in absolute terms increased by 14 per cent in 2023, the Reserve Bank of India Deputy Governor Michael

RBI has asked Bank of Baroda (BoB) to suspend further onboarding of customers onto the ‘bob World’, the lender’s mobile

From October 1, banks will provide customers the option to choose from multiple card networks like Visa, MasterCard, and Rupay