Penalty on UBI
The Reserve Bank of India has imposed a monetary penalty of Rs.1 crore on Union Bank of India (UBI) for
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Reserve Bank Corner
RBI Committee Recommends Separate Laws On Digital Lending
A working group of the Reserve Bank of India (RBI) has recommended setting up a self-regulatory organisation covering participants in
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RBI’s recent norms may spike NPAs for NBFCs, says ICRA
The central bank had said that classification of special mention accounts and non-performing accounts should be done on a day-end
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Bandhan Bank gets empanelled as agency bank of Reserve Bank of India
Bandhan Bank said that it has been empanelled by the Reserve Bank of India (RBI) to act as an agency
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Reserve Bank of India may launch digital currency pilot next year
The Reserve Bank of India’s digital currency may see its pilot launch in the first quarter of the next fiscal
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Reserve Bank withdraws over 100 redundant circulars
The Reserve Bank withdrew more than 100 redundant circulars following recommendations made by the Regulations Review Authority. The redundant circulars
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RBI in silence over corporate entry in banks
The Reserve Bank of India has kept in abeyance the entry of industrial houses into full fledged commercial banking even
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RBI Imposes Rs. 1 Crore Penalty on State Bank Of India for Violating Norms
The Reserve Bank of India (RBI) imposed a monetary penalty of Rs. 1 crore on the country’s largest lender State
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PM launches RBI’s customer-centric schemes
Prime Minister Narendra Modi on Friday launched two customer-centric schemes with a view to strengthen financial inclusion as well as
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RBI: All micro loans must be collateral-free
The RBI has said it proposes to make micro-lending collateral-free, not just for microfinance institutions (MFIs) but for all lenders.
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