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 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 mulling insurance for green deposits
RBI is exploring appropriate deposit insurance coverage for green deposits, climate risk-based differential premiums and ex ante funding needs for
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RBI appoints Arnab Kumar Chowdhury, Charulatha S Kar as executive directors
The Reserve Bank of India announced the appointment of Arnab Kumar Chowdhury and Charulatha S Kar as executive directors. Chowdhury
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RBI cancels registration of 2 NBFCs
The Reserve Bank said it has cancelled the certificates of registration of two NBFCs — Star Finserv India and Polytex
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RBI to link UPI, Asean payment systems
RBI has joined Project Nexus, an initiative to enable instant cross-border retail payments by linking domestic Fast Payment Systems. Nexus
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RBI proposes rationalising norms on foreign trade transactions
The RBI proposed rationalising regulations that cover export and import transactions with an aim to promote ease of doing business
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