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A year of reckoning for Indian fintech startups as RBI tightens the rules
The Reserve Bank of India spearheaded significant regulatory actions in 2024, addressing fraud, compliance lapses, and ...
RBI Announces New Rules, Wallet Users & PPIs Can Now Use UPI Through 3rd Party Apps; Details Here
The Reserve Bank of India (RBI) has announced a policy change. Effective December 27, the new regulation enables holders of ...
8-fold surge in bank fraud cases at Rs 21,367 crore in 1st half this fiscal: RBI
The report further stated that private sector banks reported 67.1 per cent of all fraud cases, while public sector banks ...
devdiscourse2d
RBI's Alarming Spike in Banking Frauds: A Wake-up Call for the Financial Sector
Recent RBI data highlights a concerning surge in bank frauds in India, with cases spiking significantly in the current fiscal ...
Global Finance2d
Sanjay Malhotra Takes Charge As RBI Governor
The Reserve Bank of India (RBI) has had 25 governors to date. Notably, 14 of these governors were civil servants. In recent ...
RBI Announces ‘FREE-AI’ Committee To Ensure Ethical AI In Finance
The Reserve Bank of India (RBI) has announced the creation of an eight-member committee to develop a framework for the ...
devdiscourse1d
RBI Greenlights UPI Payments via Prepaid Wallets
The Reserve Bank of India has authorized the use of prepaid payment instruments (PPIs) for UPI transactions on third-party ...
Rupee skids sharply before RBI applies the brakes
On Friday, the rupee experienced its steepest decline to date, reaching an all-time low of 85.53 against the US dollar, ...
Climate change risks impacting financial system, Calls for India-specific data: RBI
Reserve Bank of India Deputy Governor M. Rajeshwar Rao emphasized the urgent need for India-specific climate data and robust ...
Moneylife1d
RBI Highlights Rising Risks in Unsecured Lending and Private Credit Markets
The Reserve Bank of India (RBI) has raised concerns about the growing risks associated with unsecured lending and private ...
Season for Sharing: Indy RBI seeks to level the baseball diamond
The nonprofit youth baseball and softball league, which aims to create "major league citizens," served 1,875 kids last year.
Press Trust of India on MSN15h
India’s forex reserves drop $8 bn to $644 bn over revaluation, RBI interventions on rupee volatility
The reserves have been declining for the last few weeks, and the drop has been attributed to revaluation along with forex ...