RBI asks fintech firms, digital payment cos to ensure responsible innovation
RBI Governor Sanjay Malhotra on Thursday asked fintech firms and digital payment companies to ensure responsible innovation and better compliance.
RBI Governor Sanjay Malhotra on Thursday asked fintech firms and digital payment companies to ensure responsible innovation and better compliance.
As RBI's executive director, Joshi will supervise the Department of Statistics and Information Management as well as the Financial Stability Department.
The appointment of former Reserve Bank of India Governor Shaktikanta Das as “Principal Secretary-2” to Prime Minister Narendra Modi marks a significant shift in governance strategy.
The Finance Ministry on Monday announced the sale of government bonds worth Rs 34,000 crore in three lots through auctions to be conducted by the Reserve Bank of India in Mumbai on Friday (February 21).
The Reserve Bank of India (RBI) has superseded the Board of Directors of New India Co-operative Bank for 12 months, citing poor governance standards.
The Indian rupee’s recent behaviour, hovering just shy of 84 a dollar, has been a focal point of discussion in financial circles. On Tuesday, the currency closed at 83.97, marginally above its previous alltime low of 83.9725, thanks to the Reserve Bank of India's (RBI) timely intervention.
The deputy governor said deposit insurers need to contend with the possibility of the CBDCs being perceived as a safe haven during crises triggering depositor panic
Vegetable prices had shot up by as much as 29.32 per cent in June as the scorching heat wave in the northern states hit production.
The revised regulations shall be applicable with effect from January 1, 2025 and will further harmonise regulations applicable to HFCs and NBFCs, the RBI said.
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
