RBI cancels licence of Rupee Co-operative Bank, Pune
RBI has cancelled the licence of Rupee Co-operative Bank Ltd, Pune, will be effective after six weeks (September…
2 years ago
Reserve Bank of India Current Affairs
New Payment System For NRIs: The BBPS
The Reserve Bank of India (RBI) proposed to allow non-resident Indians (NRIs) to make utility, education…
2 years ago
RBI’s Financial Inclusion Index shows growth
The financial inclusion (FI) index of Reserve Bank of India’s (RBI) has increased to 56.4 in March 2022…
2 years ago
RBI launches awareness campaign as unclaimed deposits increase
The RBI has launched a campaign to raise the awareness about the unclaimed deposits, with a focus on…
2 years ago
Piramal Enterprises receives approval from RBI to start NBFC business
The Reserve Bank of India (RBI) has allowed Piramal Enterprises to start their non-banking finance company (NBFC) business without accepting…
2 years ago
RBI approves Open, Cashfree Payments, PayNearby and Fairexpay for Cross-Border Payments
The Reserve Bank of India gave the go-ahead to Open, Cashfree Payments, PayNearby & Fairexpay, providers of…
2 years ago
RBI imposes restrictions on Mumbai-based Raigad Sahakari Bank
RBI has imposed restrictions on Mumbai-based cooperative bank, Raigad Sahakari Bank. Reason: Worsening of financial situation of…
2 years ago
RBI imposes penalties on Federal Bank and Bank of India
RBI has imposed a penalty of Rs 5.72 crore on Federal Bank for deficiencies in regulatory compliance and Rs 70…
2 years ago
To conduct fieldwork of inflation anticipation survey, RBI chooses Hansa Research Group
Reserve Bank of India (RBI) announced to select to partner with the Mumbai-based Hansa Research Group in order…
2 years ago
Bank deposit growth slows down in March 2022: RBI
As per the Reserve Bank of India data, the growth of bank deposit has moderated to…
2 years ago