RBI
Moneylife Digital Team 17 May 2021
The Reserve Bank of India (RBI) has released a notification saying that National Electronic Funds Transfer (NEFT) facility will remain unavailable for 14 hours on 23rd May due to ‘technical upgrade’.

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Moneylife Digital Team 12 May 2021
The Reserve Bank of India (RBI) has amended its master directions on know-your-customer (KYC) norms to further leverage the video-based customer identification process (V-CIP) while simplifying the process of periodic updation for bank customers.

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Moneylife Digital Team 05 May 2021
The Reserve Bank of India (RBI) on Wednesday decided to provide a window for restructuring to individual and small borrowers having a loan of up to Rs25 crore if it was not availed earlier.

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Moneylife Digital Team 26 April 2021
The Reserve Bank of India (RBI) has restricted tenure of a managing director (MD) and chief executive (CEO) as well as whole time director (WTD) to 15 years for all private sector banks including small finance banks (SFBs) and wholly owned subsidiaries of foreign banks.

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Moneylife Digital Team 23 April 2021
The Reserve Bank of India (RBI) on Friday imposed restrictions on American Express Banking Corporation and Diners Club International Ltd from on-boarding new domestic customers onto their card networks from 1 May 2021 for failing to comply with RBI directions on storage of payment system data in India.

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The Reserve Bank of India (RBI) has directed the banks to restrict dividend payouts to 50 per cent in a bid to conserve capital and stay resilient.

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Moneylife Digital Team 15 April 2021
The Reserve Bank of India has once again decided to set up a regulations review authority (RRA 2.0) under the leadership of its deputy governor M Rajeshwar Rao to review the RBI’s regulations and compliance procedures.

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Moneylife Digital Team 08 April 2021
To promote digital payments banks, the Reserve Bank of India (RBI) has raised the maximum balance that can be held with a payments bank to Rs2 lakh from Rs1 lakh.

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Moneylife Digital Team 07 April 2021
The Reserve Bank of India (RBI) has asked all banks and non-banks to refund interest-on-interest to all borrowers for the six month moratorium period that ended on 31 August 2020.

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Reserve Bank of India Governor Shaktikanta Das on Wednesday put onus on both Centre and the States to ensure that through coordinated policy measures the cost build up in the petroleum products does not escalate further.

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Moneylife Digital Team 07 April 2021
The monetary policy committee (MPC) of Reserve Bank of India (RBI) has decided to keep policy rates unchanged while maintaining accommodative stance in its first review for FY2021-22.

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The Reserve Bank of India (RBI) on Friday extended the restrictions on the withdrawal and deposits in the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank till June 30.

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Reserve Bank of India Governor Shaktikanta Das on Thursday said that the central bank has flagged major concerns over cryptocurrency to the government.

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The Reserve Bank of India (RBI) has taken out IDBI Bank from Prompt Corrective Action (PCA) framework.

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Moneylife Digital Team 19 February 2021
Bringing housing finance companies (HFCs) under closer scrutiny, while safeguarding interests of investors and depositors,

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Moneylife Digital Team 19 February 2021
The Reserve Bank of India (RBI) in its master directions has asked regulated entities (REs) like banks and financial institutions,

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IANS 15 February 2021
The Reserve Bank of India (RBI) has constituted an expert committee under the chairmanship of it's former Deputy Governor N.S. Vishwanathan on Primary (Urban) Co-operative Banks.

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Moneylife Digital Team 05 February 2021
The monetary policy committee (MPC) of the Reserve Bank of India (RBI) has unanimously decided to keep the key repo rate and the reverse repo rate unchanged at 4% and 3.35% respectively, while continuing the accommodative stance.

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The Reserve Bank of India (RBI), hiding behind its role as India’s monetary authority, has escaped all external scrutiny and accountability regarding its second role—as regulator of banking and finance companies—which is marked by repeated failures.

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Moneylife Digital Team 03 February 2021
The Reserve Bank of India (RBI) has issued a circular on risk-based internal audit (RBIA) for non-banking finance companies (NBFC) and urban co-operative banks (UCB) so as to provide them with the essential requirements for a robust internal audit function,

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