The Reserve Bank of India (RBI) has opened applications to recognise Self-Regulatory Organisations (SROs) for Non-Banking Financial Companies (NBFCs) under its newly established Omnibus Framework. […]
Tag: rbi
RBI grants wallet licence to neobank Jupiter
Neo-banking startup Jupiter has secured a prepaid payment license from the Reserve Bank of India (RBI). A Prepaid Payment Instrument (PPI) licence is a regulatory […]
RBI holds conference in Mumbai for Heads of Assurance Functions
The Reserve Bank of India (RBI) recently held a conference in Mumbai for the Heads of Assurance Functions (i.e. Chief Compliance Officers (COOs), Chief Risk […]
RBI rolls out fresh guidelines ensuring equitable interest charges from lenders
The Reserve Bank of India (RBI) has issued a fresh set of directives aimed at fostering fairness and transparency in the process of interest charging […]
RBI unveils draft regulations for digital lending’s web aggregation of loan products
The Reserve Bank of India (RBI) has recently released draft guidelines for a regulatory framework for the aggregation of loan products by Lending Service Providers […]
RBI approves Cred’s payment aggregation business
Bengaluru-based fintech startup Cred has received in-principle approval from the Reserve Bank of India (RBI) to venture into the payment aggregation business. The approval allows […]
RBI modifies guidelines for investment in AIFs by lenders
The Reserve Bank of India (RBI) yesterday revised its guidelines concerning the investment of banks, Non-Banking Financial Companies (NBFCs), and other lending institutions in Alternative […]
RBI approves Ajay Kanwal’s reappointment as MD and CEO at Jana Small Finance Bank
The Reserve Bank of India (RBI) has approved reappointment of Ajay Kanwal as the Managing Director and Chief Executive Officer (CEO) of Jana Small Finance […]
RBI directs banks to comply with DPDP Act provisions
The Reserve Bank of India (RBI) has directed Regulated Entities (REs) under RBI’s Regulatory Sandbox (RS) framework to ensure compliance with the provisions of the […]
RBI approves Munish Sharda’s appointment as Axis Bank’s Executive Director
The Reserve Bank of India (RBI) has approved the appointment of Munish Sharda as Executive Director and full-time director for Axis Bank, who has taken […]