Tag: RBI

The RBI has reinforced its commitment to combat Money Laundering and Terrorist Financing by issuing new guidelines for banks, non-banking financial companies and other regulated entities

The Reserve Bank of India (RBI) serves as the primary financial regulator in India, steering monetary policies and overseeing the nation's banking framework. In a move to enhance cybersecurity in the financial sector, the RBI has unveiled its Cyber Security Framework, which sets a comprehensive suite of controls and guidelines to mitigate growing security risks effectively.

The RBI has issued guidelines for acceptance of green deposits for banks and NBFCs where the funds can be used for green projects.

The Reserve Bank of India (RBI) has revealed its new guidelines on the digital lending process in a move to protect borrowers.

The Reserve Bank of India (RBI) has tightened norms for digital lending to prevent the charging on excessive rates and also check unethical loan recovery practices.

A Reserve Bank of India (RBI) panel has proposed a new four-tier structure for regulating and improving urban cooperative banks (UCBs).

The Reserve Bank of India (RBI) has introduced two consultation papers with an aim of liberalising the county’s overseas investment regulatory stance.

The Reserve bank of India (RBI) has reportedly extended the deadline for prepaid payment instruments (PPIs) to be compliant with KYC rules.

The Reserve Bank of India (RBI) has imposed a ₹70m monetary penalty on the State Bank of India for failing to comply with the standards set up by the central banking institution.

The Reserve Bank of India (RBI) has deployed an INR 10 million ($143,570) fine on HDFC Bank for failing to meet KYC and AML compliance and the reporting of frauds.