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RBI rejects reappointment of Rajkumar Bansal as MD, CEO of Edelweiss...

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Following the development shares of Edelweiss Financial Services declined by 8.2% to date The Reserve Bank of India (RBI) has rejected the reappointment of Rajkumar...

RBI Governor warns banks, NBFCs over slapping extra fees on customers

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A prudent balance between assets and liabilities has to be maintained: RBI governor RBI Governor Shaktikanta Das on Friday sent a clear message to banks...

Viksit Bharat 2047: RBI, NPCI International Payments aims to expand UPI...

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RBI and NPCI working to expand UPI to 20 countries by 2029 shows central bank’s annual report The Reserve Bank of India (RBI) and NPCI...

RBI to allow opening of rupee account outside India

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RBI to boost rupee's internationalization, liberalize norms for non-residents On Thursday, the Reserve Bank of India (RBI) allowed the opening of rupee accounts outside India...

Fintech industry leaders hail RBI’s 3 new initiatives to bolster the...

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RBI's latest initiatives to secure and expand digital payments in India On Wednesday, the fintech industry leaders lauded the Reserve Bank of India’s (RBI) three...

RBI lifts ban on Bank of Baroda’s BoB World

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Bank of Baroda's BoB World out of the woods as RBI lifts restriction Reserve Bank of India (RBI) has lifted its ban on BoB World...

Rs.7961 crores worth Rs.2000 notes not yet returned, says RBI. 97.76%...

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RBI says 2.24% of Rs.2000 notes have not yet been returned Despite the withdrawal of Rs.2000 bank notes, after almost a year, around Rs.7961 crores...

RBI sets criteria for Small Finance Banks seeking Universal Banks license

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RBI lays out norms for the voluntary conversion of SFBs into universal banks The Reserve Bank of India (RBI) has set out certain provisions fulfilling...

Kotak Mahindra Bank shares tank 13%. Market Cap erodes by Rs.37,721...

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Kotak Mahindra Bank tumbles following RBI ban on digital client addition A day after the stern action from the Reserve Bank of India (RBI), the...

RBI bans Kotak Mahindra Bank from onboarding new customers via online,...

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RBI cracks down on Kotak Mahindra Bank In a major regulatory move, the Reserve Bank of India (RBI) on Wednesday directed Kotak Mahindra Bank to...

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