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RBI
RBI releases draft guidelines for web aggregators of loan products
As per the draft circular released by the RBI the new regulation would strive to bring transparency in aggregation of loan products from multiple lenders.
22 hours ago
RBI releases draft guidelines for web aggregators of loan products
22 hours ago
How a faltering Kotak Mahindra Bank exposes pitfalls of India’s tech ambition
On Thursday evening, a glitch in ICICI Bank Ltd.’s app exposed data on about 17,000 new credit card customers. State lender Union Bank of India Ltd.’s customers recently aired similar grievances on social media, including an inability to use the bank’s app, netbanking or UPI for transactions for several hours. In 2020, HDFC Bank Ltd. was punished by the RBI after outages in its digital banking offerings.
26 April 2024, 09:22 IST
How a faltering Kotak Mahindra Bank exposes pitfalls of India’s tech ambition
26 April 2024, 09:22 IST
RBI asks Gurugram-based TalkCharge to return funds in PPI-Wallets to customers
The RBI also cautioned the public to exercise utmost caution while using websites/ applications and parting with their money to any such unauthorised entity.
25 April 2024, 16:40 IST
RBI asks Gurugram-based TalkCharge to return funds in PPI-Wallets to customers
25 April 2024, 16:40 IST
Kotak Mahindra Bank actively working to address RBI's concerns: CEO
Immediately after the RBI action, the bank had on Wednesday said it has taken measures for the adoption of new technologies to strengthen its IT systems and will continue to work with the apex bank to swiftly resolve balance issues at the earliest.
25 April 2024, 15:55 IST
Kotak Mahindra Bank actively working to address RBI's concerns: CEO
25 April 2024, 15:55 IST
Explained | Why RBI barred Kotak Mahindra Bank from onboarding new customers, issuing credit cards
RBI issued a statement which said that 'significant concerns' arose out of its IT department's examination of the bank since 2022.
25 April 2024, 11:13 IST
Explained | Why RBI barred Kotak Mahindra Bank from onboarding new customers, issuing credit cards
25 April 2024, 11:13 IST
As India develops, problem of high food inflation will get less severe: RBI MPC member Ashima Goyal
As the weight of food in consumption falls and food consumption itself becomes more diversified, the impact and size of future food price shocks falls, she noted.
25 April 2024, 10:45 IST
As India develops, problem of high food inflation will get less severe: RBI MPC member Ashima Goyal
25 April 2024, 10:45 IST
Centre approves one-year extension to RBI Deputy Governor T Rabi Sankar
He had joined the RBI in 1990 and worked in various positions at the central bank.
24 April 2024, 13:26 IST
Centre approves one-year extension to RBI Deputy Governor T Rabi Sankar
24 April 2024, 13:26 IST
RBI bars Kotak Mahindra Bank from onboarding new customers via mobile and online channels, issue fresh credit cards
These actions, the RBI said, are necessitated based on significant concerns arising out of Reserve Bank's IT examination of the bank for the years 2022 and 2023 and the continued failure on part of the bank to address these concerns in a comprehensive and timely manner.
24 April 2024, 10:47 IST
RBI bars Kotak Mahindra Bank from onboarding new customers via mobile and online channels, issue fresh credit cards
24 April 2024, 10:47 IST
PayU gets RBI's in-principle nod to operate as payment aggregator
With in-principle approval in place, PayU can now onboard new merchants to provide them digital payment services.
24 April 2024, 09:00 IST
PayU gets RBI's in-principle nod to operate as payment aggregator
24 April 2024, 09:00 IST
India needs more banks, and RBI must wake up
While it is prudent for the banking regulator to be highly careful while awarding bank licences, the process of awarding and rejecting applications is not very transparent.
24 April 2024, 05:28 IST
India needs more banks, and RBI must wake up
24 April 2024, 05:28 IST
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