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Banking Finance Year 2025 February 2025 RBI NEWS 

RBI Imposes Compensation for Delays in Credit Data Updates

February 17, 2025 admin 0 Comments banking regulations, CIBIL, CIC, compensation, credit complaints, credit data update, credit information companies, credit institutions, credit reporting, credit score, CRIF High Mark, Equifax, Experian, financial transparency, rbi, RBI GUIDELINES

The RBI has mandated compensation of Rs 100 per day for delays in credit data updates by credit information companies

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Banking Finance Year 2025 February 2025 RBI NEWS 

RBI Establishes Panel for Ethical AI Use in Financial Sector

February 17, 2025February 17, 2025 admin 0 Comments AI adoption., AI compliance, AI Ethics, AI Governance, AI in finance, AI policy, AI risks, AI trends, Artificial Intelligence, Ethical AI, Financial Sector, Fintech, fintech innovation, fintech regulations, FREE-AI, IIT Bombay, India banking, rbi, RBI panel, regulatory framework, Responsible AI

The Reserve Bank of India has set up a panel named Framework for Responsible and Ethical Enablement of Artificial Intelligence

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Banking Finance Year 2025 February 2025 

From the Desk of Editor -in- Chief

February 17, 2025February 17, 2025 admin 0 Comments banking communication, banking compliance, banking innovation, Banking Sector, corporate lending., credit demand, debt surge, economic trends, financial regulations, FINANCIAL STABILITY, financial transparency, Fintech, global lenders, Indian Banking, Interest rates, liquidity, loan competition, rbi, Risk management, secure banking

As the new year unfolds, January brought several pivotal developments in the banking and finance sector, reflecting the dynamic nature

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Banking Article Banking Finance Year 2025 February 2025 

Future of banking- Blockchain Technology

February 14, 2025February 14, 2025 admin 0 Comments BANKING TECHNOLOGY, banking transformation, blockchain applications, Blockchain banking, cryptocurrency, data security, digital currency, digital ledger, FINANCE, financial innovation, Fintech, fintech trends, India, rbi, Regulatory Compliance, smart contracts

Abstract Blockchain banking is a new technology in India, but it’s gaining traction due to its worldwide success in finance

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Banking Finance Year 2025 February 2025 RBI NEWS 

RBI Adds 8 Tonnes of Gold to Reserves in November: WGC

February 14, 2025 admin 0 Comments Central Banks, economic uncertainties, emerging markets, gold acquisition, gold reserves, India gold buying, Poland, rbi, World Gold Council

The Reserve Bank of India (RBI) has continued its gold acquisition spree, adding 8 tonnes to its reserves in November.

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Banking Finance Year 2025 February 2025 RBI NEWS 

RBI Imposes Compensation for Delays in Credit Data Updates

February 14, 2025 admin 0 Comments banks, CICs, compensation policy, credit data update, credit information companies, credit reporting, CRIF High Mark, Equifax, Experian, rbi, Transunion Cibil

The RBI has mandated compensation of Rs 100 per day for delays in credit data updates by credit information companies

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Banking Finance Year 2025 Banking News February 2025 

Supreme Court Overturns 30% Interest Cap on Credit Cards

February 14, 2025 admin 0 Comments American Express, banking regulation, Banking Sector, Citibank, consumer disputes, credit card interest, financial relief, HSBC, Indian Banking, interest rate cap, late payment fees, legal ruling, NCDRC, rbi, Standard Chartered, Supreme Court

In a major relief for banks, the Supreme Court has nullified a 2008 NCDRC ruling that capped credit card interest

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Banking Finance Year 2025 January 2025 

RBI tackles unclaimed deposits

January 15, 2025January 15, 2025 admin 0 Comments 100 days 100 pays, account reactivation, banking guidelines, banking laws amendment, banking reforms, DEA Fund, deposit reclamation, depositor awareness, Financial Inclusion, frozen accounts, inoperative accounts, KYC updates, nominee rules, public sector banks, rbi, UDGAM Portal, unclaimed deposits

The Reserve Bank of India is actively working to resolve the issue of unclaimed deposits to safeguard the interests of

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Banking Finance Year 2025 January 2025 

Wilful defaults: RBI reveals top 100; 2,664 corporates owe Rs. 1.96 lakh cr

January 15, 2025 admin 0 Comments ABG Shipyard, bank loan default, banking fraud, CBI investigation, Concast Steel, corporate default, ED probe, Financial crime, fraud cases, Gitanjali Gems, Indian Banking Sector, Mehul Choksi, NCLT, Nirav Modi, rbi, wilful defaulters, Winsome Diamonds

A STAGGERING 2,664 corporates have been classified as wilful defaulters, failing to repay bank loans despite having the means to

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Banking Finance Year 2025 January 2025 

IBA suggests FinMin for training sessions of bankers to handle fraud

January 15, 2025 admin 0 Comments bank fraud, banking sector fraud, capacity building, CBI training, digital payment fraud, Finance Ministry, fraud investigation, fraud prevention, Indian Banking Association, loan fraud, operational efficiency, PSBs, rbi, third-party empanelment, vigilance in banking

The Indian Banking Association (IBA) has suggested to the finance ministry to direct public sector banks (PSBs) to organise regular

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