RBI panel to examine digital lending risks
The Reserve Bank of India has said it has formed a working group to study aspects of digital lending by
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Reserve Bank Corner
RBI imposes Rs. 2-crore penalty on Deutsche Bank
RBI has imposed a penalty of Rs 2 crore on Deutsche Bank AG for non-compliance with certain directions issued by
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RBI advises Banks to ensure independence in internal audit
The Reserve Bank of India has asked banks to ensure that the internal audit function has sufficient authority, stature, independence
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RBI board favours new stress-test formula
The Central Board of the RBI wants banking system stress tests to include several parameters in addition to non-performing assets
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RBI fines Bajaj Finance for harassment by recovery agent
Reserve Bank of India has imposed Rs 2.50 crore monetary penalty on Bajaj Finance for violating RBI’s directions on fair
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RBI introduces Legal Entity Identifier for large-value transactions
RBI has decided to introduce the Legal Entity Identifier (LEI) system for all payment transactions of value Rs.50 crore and
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RBI forms advisory panel for Supervisory College
The Reserve Bank of India has set up an academic advisory council with former deputy governor N S Vishwanathan as
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Central Govt may ease inflation target for RBI
The government is considering recommending a looser inflation target for the central bank, allowing it to focus more on economic
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Indian Economy exhibits strong growth outlook
Reserve Bank of India governor Shaktikanta Das said that the Indian economy has exhibited stronger than expected pick-up and the
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RBI, DBS want merger matters transferred to one location
The Reserve Bank of India and DBS Bank are planning to move the Supreme Court seeking for a transfer of
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