The Reserve Bank of India (RBI) has announced the appointment of Dr Ajit Ratnakar Joshi as its Executive Director (ED). In this capacity, he will […]
Tag: rbi
RBI raises small value loan ceiling for urban co-operative banks to Rs 3 crore per borrower
The Reserve Bank of India (RBI) has increased the small value loan ceiling for Urban Co-operative Banks (UCBs) to Rs 3 crore per borrower, enhancing […]
Kvault introduces data security solution for secured growth of digital economy
Kvault has recently launched a data-protection solution for the secured growth of the digital economy. The new technology was unveiled by Satish Marathe, Director, Reserve […]
Navi Group makes two new appointments to focus on long-term growth
Navi group has recently appointed Rajiv Naresh as the new CEO of Navi Technologies and Abhishek Dwivedi as the CEO of Navi Finserv. The appointment […]
RBI launches exclusive internet domains to strengthen digital banking security
In a decisive move to enhance trust in digital banking and combat cyber fraud, the Reserve Bank of India (RBI) has announced the launch of […]
Airtel Payments Bank joins forces with NCRP to combat financial frauds
In a recent move to enhance customer security, Airtel Payments Bank has successfully integrated its systems with the National Cybercrime Reporting Portal (NCRP)-Citizen Financial Cyber […]
PhonePe to exit from Account Aggregator Business, surrenders NBFC-AA Licence
PhonePe Group has announced its decision to exit the Account Aggregator (AA) business and surrender its NBFC-AA licence to the Reserve Bank of India (RBI). […]
RBI unveils NBFCs in upper layer under scale-based regulation for 2024-25
The Reserve Bank of India (RBI) has announced the list of Non-Banking Financial Companies (NBFCs) classified under the Upper Layer (NBFC-UL) for the financial year […]
RBI and NPCI enable co-operative banks for UPI merchant acquiring
The National Payments Corporation of India (NPCI) has issued guidelines on merchant acquiring in Unified Payments Interface (UPI) by co-operative banks, in order to facilitate […]
U Gro Capital adds 74 new branches
Despite a challenging environment for Non-Banking Financial Companies (NBFCs) in India, U Gro Capital continues to strengthen its mission of bridging the credit gap for […]