RBI
Moneylife Digital Team 08 February 2023
As expected, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday increased the repo rate by 25 basis points (bps)

Read More

Moneylife Digital Team 07 February 2023
The Reserve Bank of India (RBI) is expected to hike the policy rate by 25bps (basis points) in its February 2023 monetary policy review.

Read More

Moneylife Digital Team 06 February 2023
The Reserve Bank of India (RBI) has imposed a fine of Rs30 lakh on Bank of Baroda (BoB) for breaching stipulated transaction limits and failing to apply prescribed interest rates on term deposits. Separately, Northeast Small Finance Bank Ltd, Utkal Cooperative Bank Ltd and Krazybee Services Pvt Ltd are also penalised by RBI for violating various rules and regulations.

Read More

Moneylife Digital Team 01 February 2023
With an aim to simplify know-your-customer (KYC) related procedure for opening bank accounts by foreign portfolio investors (FPIs)

Read More

Moneylife Digital Team 28 January 2023
Paying heed to issues faced by customers, the Reserve Bank of India (RBI) has decided to extend to 31 December 2023 its deadline for renewal of agreements for existing safe deposit locker or safe custody article facilities provided by banks.

Read More

IANS 28 January 2023
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the current account deficit is

Read More

Moneylife Digital Team 25 January 2023
Reserve Bank of India (RBI) has imposed monetary penalties on two cooperative banks, one from Gujarat and one from Maharashtra

Read More

Moneylife Digital Team 24 January 2023
While designating sovereign green bonds (SGrBs) as specified securities under fully accessible route (FAR), the Reserve Bank of India (RBI) allowed non-residents to invest in these bonds through the same route without any cap.

Read More

Moneylife Digital Team 17 January 2023
Reserve Bank of India (RBI) has issued guidelines on the acquisition and holding of shares or voting rights in banking companies.

Read More

Moneylife Digital Team 10 January 2023
Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks citing the violation of different laws prescribed by the banking regulator

Read More

Moneylife Digital Team 03 January 2023
Reserve Bank of India (RBI) has imposed monetary penalties on four cooperative banks citing the violation of various laws prescribed by the RBI.

Read More

Moneylife Digital Team 28 December 2022
To streamline reporting, enhance efficiency and automate the payments fraud management process,

Read More

IANS 21 December 2022
As millions of investors face uncertainty in global crypto meltdown, the Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday that the next financial crisis will come from crypto collapse if private digital coins are allowed to grow.

Read More

Arun Kumar (The Leaflet) 20 December 2022
In a vibrant democracy, critique of policy a) makes for a) better policies, and b) helps correct mistakes as they occur.

Read More

Moneylife Digital Team 20 December 2022
The Reserve Bank on Monday (RBI) said it has imposed a penalty of Rs2.66 crore on Bank of Bahrain & Kuwait BSC, India operations for non-compliance with directions on cyber security framework.

Read More

Moneylife Digital Team 16 December 2022
The Reserve Bank of India (RBI) has ordered Cashfree, Razorpay and Stripe to pause merchant onboarding until the central bank issues them the payment aggregator (PA) license it has tentatively approved for them, says a report from Entrackr.

Read More

IANS 12 December 2022
The Central government cannot make the Reserve Bank of India's (RBI) report on the reasons for the failure to cont rol the inflation as the RBI Act does not provide for this, the Parliament was told on Monday.

Read More

Moneylife Digital Team 09 December 2022
In a significant move, the Reserve Bank of India on Wednesday said banks should not ask for verifications/updates at the branch level in case a customer has done e-KYC

Read More

Moneylife Digital Team 07 December 2022
As expected, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday increased the repo rate by 35 basis points (bps) to 6.25%.

Read More

Moneylife Digital Team 07 December 2022
To significantly enhance the ease of making payments through unified payment interface (UPI) for investments in securities, the Reserve Bank of India (RBI) has decided to introduce single-block and multiple-debits functionality.

Read More

Free Helpline
Legal Credit
Feedback