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The Reserve Bank of India (RBI) has superseded the Board of Directors of New India Co-operative Bank for 12 months, citing poor governance standards.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 stock of South Indian Bank jumped more than 6 per cent on Friday after the RBI conveyed its approval…
Releasing detailed guidelines for the same, the apex bank highlighted that there shall be no capitalisation of penal charges meaning that no further interest will be computed on such charges.
Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday launched a centralised web portal UDGAM (Unclaimed Deposits – Gateway…
The guidelines emphasize that any penalty imposed for non-compliance with material terms and conditions of a loan contract shall be treated as 'penal charges' rather than 'penal interest.'
With industrial production and trade weakening, the global recovery is slowing after a robust first quarter performance, but the Indian…
