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Govt allows RBI to import gold without paying import levies

India has allowed its central bank to import gold without paying import levies, the government said in a notification issued.

RBI has asked IIFL Finance to stop the sanctioning and disbursement of gold loans, citing “material supervisory concerns” observed in

The finance ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory

The commerce ministry is in discussions with the Reserve Bank of India (RBI) to facilitate e-commerce exports by liberalising the

In a move aimed at boosting competition, RBI has ordered card issuers to allow customers to choose from multiple networks

RBI governor Shaktikanta Das said the central bank has approved a platform that will facilitate online merchants to receive payments

Banks are working on updates to strengthen their KYC (Know Your Customer) standards by adding extra verification layers to identify

RBI has allowed banks and non-banks to issue prepaid payment instruments (PPIs) for public transit services such as metro, buses,

RBI governor Shaktikanta Das said that with the advent of AI, cyber security challenges can rise manifold, and called upon

The Reserve Bank of India has approved the merger between Fincare Small Finance Bank Ltd. and AU Small Finance Bank