The Reserve Bank of India (RBI) has introduced updated guidelines for Priority Sector Lending (PSL) aimed at improving credit accessibility for key sectors of the […]
Tag: rbi
RBI approves budget for FY 2025-26, signals shift in monetary policy
The Reserve Bank of India’s (RBI) central board has sanctioned the budget for the financial year 2025-26, setting the course for the institution’s key priorities […]
RBI appoints Dr Ajit Ratnakar Joshi as ED
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 […]
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 […]