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The Reserve Bank of India (RBI) has superseded the Board of Directors of New India Co-operative Bank for 12 months, citing poor governance standards.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 transactions entail substitution of direct loan exposure of REs to borrowers, with indirect exposure through investments in units of AIFs.
The IMF reclassified India’s foreign-exchange regime to a stabilised arrangement from a floating system, it said in its annual Article IV country report.
The Bank will soon be integrating with the Ministry of Railways to operationalise the pension disbursement process.
The Reserve Bank of India (RBI) on Monday cautioned the public against falling prey to false and misleading campaigns enticing borrowers by offering loan waivers.
Amidst the waves of economic optimism, the Reserve Bank of India (RBI) finds itself anchored by concerns over inflation, specifically the looming spectre of food price pressures.
