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 NEWS
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
Read moreRural income growth to drive demand: RBI report
According to RBI’s State of the Economy Report, aggregate demand conditions are gathering momentum with revival in rural consumption on
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RBI Deputy Governor moots full cover for small depositors
A periodic upward revision in the uniform deposit insurance coverage of Rs 5 lakh is necessary as India’s growth and
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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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