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The Reserve Bank of India (RBI) has superseded the Board of Directors of New India Co-operative Bank for 12 months, citing poor governance standards.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 Reserve Bank of India approved the resolution plan for debt-ridden Reliance Capital on Friday.
There are many collaboration opportunities between India and Japan in semiconductors and resilient supply chains, rare-earths extraction, space technology, artificial intelligence, quantum computing, said RBI Governor Shaktikanta Das in Tokyo on Thursday.
Federal Bank was penalised as it issued some demand drafts, each for a value of rupees fifty thousand and above, without incorporating the name of the purchaser on the face of it.
Several questions were raised over the sudden rush of people in exchange for Rs 2000 notes and ED, Economic Offense Wing Officials are investigating the matter.
The Indian rupee is facing headwinds as higher yields on US bonds and rising crude oil prices in the global market have firmed up the demand for dollars.
