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2 mins read
India has well-regulated and well-supervised banking sector: RBI Governor
Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …
2 mins read
Action against Paytm bank was in customers' interest: RBI
Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including cer…
ANI
2 mins read
Fintech SRO aims to enhance credibility of sector, promote ethical conduct
The Reserve Bank(RBI) of India has released a preliminary framework outlining general functions, go…
1 min read
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-b…
3 mins read
RBI firmly focused to bring down inflation to 4%: Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Tuesday said the central bank is firmly focused on bringin…
PTI
2 mins read
RBI union calls for tighter supervision of cooperative banks
The union further said, "RBI must initiate on-site supervision and inspection of these small and m…
PTI
1 min read
All cooperative banks to come under RBI supervision
The decision assumes significance in the wake of a scam in the Punjab and Maharashtra Cooperative (…
PTI
2 mins read
India’s central bank is ramping up its supervision of the country’s commercial lenders and shadow banks
In response to the spate of frauds at large banks and defaults by NBFCs in the last year, the Reser…
2 mins read
President promulgates ordinance to bring co-operative banks under RBI supervision
"The Ordinance also amends Section 45 of the Banking Regulation Act, to enable making of a scheme …
PTI
1 min read
RBI directs credit information companies to appoint internal ombudsman
The RBI, in its Statement of Developmental and Regulatory Policies, on August 5, 2022 had called…
1 min read
RBI to supervise cooperative banks — they will adhere to the same rules as other scheduled banks in India
The Union Cabinet has decided to bring all cooperative banks under the supervision of the Reserve B…
3 mins read
RBI plans to tighten scrutiny of large NBFCs by upgrading its regulatory policies
"This regulatory regime based on the principle of proportionality warrants a review. It is felt…
PTI
2 mins read
As RBI works from home, Governor Das is relying on off-site surveillance to 'smell the distress'
“The RBI has strengthened its off-site surveillance mechanism to identify emerging risks and ass…
2 mins read
RBI issues guidelines for Ind AS implementation by NBFCs, ARCs
"The RBI expects the board of directors to approve sound methodologies for computation of expected…
PTI
3 mins read
RBI Governor warns of higher bad loans, uncertain economic outlook
A protracted lockdown, which began on March 25 and continued in various phases albeit with signific…
PTI
2 mins read
RBI modifies framework for financial market infrastructure, retail payment system
"This document, by enhancing supervisory transparency and disclosure, would enable better regulator…
PTI
1 min read
RBI assures state governments that their deposits are safe in private banks
The Reserve Bank of India (RBI) has asked state governments not to transfer their deposits out of p…
PTI
1 min read
RBI engaged with all stakeholders to find workable solution for PMC, says governor
Last year in September, the Reserve Bank of India (RBI) had placed various regulatory restrictions …
PTI
3 mins read
After 39 years, Vishwanathan leaves RBI due to ill-health
Vishwanathan, born in June 1958 in a middle-class Kerala family, did his Masters in economics from…
PTI
2 mins read
Vishwanathan decides to step down as RBI deputy guv by Mar 31
As deputy governor, Vishwanathan is heading the departments of banking regulation, co-operative ba…