RBI
The Reserve Bank of India (RBI) is likely to apply the pause button on continuous hikes in repo rates during next week's meeting of its monetary policy committee (MPC), says a report by the State Bank of India's (SBI) research wing.

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Moneylife Digital Team 25 March 2023
Moneylife Foundation, which is involved in advocacy and financial literacy initiatives, has raised 10 key consumer concerns with the Reserve Bank of India’s (RBI) committee for review of customer service standards in RBI regulated entities (REs) headed by a former deputy governor.

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Moneylife Digital Team 11 March 2023
Reserve Bank of India (RBI) has imposed a fine of Rs9.60 lakh on Nuvama Wealth Finance Ltd (erstwhile Edelweiss Finance and Investment Ltd) for violating certain provisions of know your customer (KYC) directions.

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The Reserve Bank of India on Friday said that it has imposed a monetary penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with certain provisions.

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Moneylife Digital Team 01 March 2023
The Reserve Bank of India has sent show cause notices to a few asset reconstruction companies (ARCs),

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IANS 23 February 2023
Though global growth outlook has improved in recent months, it is expected to decelerate during 2023, said the RBI's rate setting monetary policy committee (MPC), which, in its meeting on February 8, had raised the repo rate by 25 basis points to 6.50 per cent with immediate effect.

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IANS 23 February 2023
Credit rating agency Acuite Ratings and Research said the Reserve Bank of India (RBI) will continue with monetary tightening and will hike the policy rate by 25 basis points (bps).

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IANS 21 February 2023
Mergers of banks in India has resulted in increased efficiency for the acquirers or the merged entity and higher shareholders wealth for the acquiree banks, as per a research paper published by the Reserve Bank of India (RBI).

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Moneylife Digital Team 21 February 2023
Reserve Bank of India (RBI) has imposed monetary penalties from Rs50,000 to Rs4 lakh on 10 cooperative banks for non-compliance to various rules and regulations.

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Moneylife Digital Team 15 February 2023
CAMSPay, part of India's largest registrar and transfer agent of mutual funds, Computer Age Management Services Ltd (CAMS), says it has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA).

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Moneylife Digital Team 14 February 2023
Reserve Bank of India (RBI) has imposed a fine of Rs 1.50 lakh on Vaidyanath Urban Co-Operative bank located at Parli Vaijnath in Maharashtra.

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Moneylife Digital Team 10 February 2023
After warning consumers not to perform forex transactions on unauthorised electronic trading platforms (ETPs)

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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)

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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.

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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.

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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)

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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.

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

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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

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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.

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