- Chetanya Rai
- 2 Min Read
RBI Cancels Registration of Two NBFCs – Star Finserv and Plytex. Here’s Why
RBI cancels registrations of Polytex India Ltd and Star Finserv India Limited due to irregular lending practices and guideline violations.
- Chetanya Rai
- 2 Min Read
Why RBI Fined Punjab National Bank (PNB) and Four Other BanksÂ
See why RBI fined Punjab National Bank (PNB) and four other banks for regulatory non-compliance in July 2024.
- Chetanya Rai
- 2 Min Read
RBI Governor to Banks: Act against Mule Accounts
RBI Governor Shaktikanta Das urges banks to stop mule accounts and enhance cybersecurity measures in a recent meeting held in Mumbai.
- Chetanya Rai
- 2 Min Read
RBI Joins Project Nexus for Instant Cross-Border Retail Payments. What is it?
RBI partners with Project Nexus to simplify instant cross-border retail payments, linking UPI with multiple Asian countries' FPS.
- Chetanya Rai
- 2 Min Read
From July 1, Credit Cardholders Can’t Do Repayments Through Fintech Apps for Banks Not on BBPSÂ
Starting July 1, credit cardholders can't repay through fintech apps if their banks are not on the BBPS platform.
- Chetanya Rai
- 2 Min Read
Why Are Banks Seeking Clarity on Credit Cards from RBI?
Banks seek RBI clarity on new credit card guidelines, set to impact network choices for customers from September 2024.
- Chetanya Rai
- 2 Min Read
RBI Governor to Banks: Pursue Business Growth Without Unacceptable RisksÂ
RBI Governor Shaktikanta Das urges banks to grow responsibly, highlighting the importance of managing risks for long-term success.
- Chetanya Rai
- 2 Min Read
RBI Governor says Rising Food Inflation is Slowing India’s Inflation Drop
RBI Governor addresses India's inflation challenges amid stubborn food prices, impacting efforts to reduce retail inflation.
- Chetanya Rai
- 2 Min Read
RBI to Link UPI Lite with E-Mandate for Automatic Balance Replenishment
RBI merges UPI Lite with e-mandate, enabling automatic balance refills for hassle-free digital transactions.