RBI allows default loss guarantee to fintechs
RBI came out with a regulatory framework to permit default loss guarantee arrangements in digital lending. This is considered as
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RBI NEWS
RBI proposes strict cyber security norms for PSOs
In a move to ensure safety and security of digital payments amid emerging cyber risks, the RBI announced draft regulations
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RBI norms on guarantee may hit unsecured loans: Crisil
The RBI’s norms on first loss default guarantee (FLDG) cover are likely to curb lending volumes in unsecured personal and
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RBI to launch pilot project for QR-code based coin vending machines
The RBI is preparing a pilot project on QR code-based Coin Vending Machine (QCVM) in collaboration with a few leading
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14.4% rise in Rs. 500 fake notes
The Reserve Bank has reported a 14.4 per cent increase in the number of counterfeit Rs 500 notes (new design)
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RBI: Withdrawal of Rs 2000 note is ‘currency management’, not demonetisation
Opposing a plea in Delhi HC challenging the RBI’s May 19 notification to withdraw Rs 2,000 currency note from circulation,
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Bad loans down, though willful default accounts shoot up
RBI has reported a sharp decline in gross non-performing assets (NPAs), or bad loans, in the banking system in the
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Centralised portal Pravaah to be launched
Reserve Bank of India will launch a secured web-based centralised portal named ‘PRAVAAH’ (Platform for Regulatory Application, Validation And AutHorisation)
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Nod to Rupees non-deliverable derivatives to residents
The regulator’s decision to allow banks to offer Indian residents rupee non-deliverable foreign exchange derivative contracts (NDDCs) will help eliminate
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Credit bureaus to be brought under RBI’s Ombudsman
The Reserve Bank of India said it will bring Credit Information Companies (CICs) under the aegis of the RBI Integrated
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