The Reserve Bank of India (RBI) has proposed to bring a new category of money changers, to be called foreign correspondents, who would conduct the […]
Tag: rbi
RBI introduces Card-on-File Tokenisation (CoFT) via banks
The Reserve Ban k of India (RBI) has introduced Card-on-File Tokenisation (CoFT) facility through banks. A recent circular from RBI read, “It has been […]
Fintech Slice gets RBI approval to merge with North East Small Finance Bank
Credit card and digital payments unicorn Slice has announced that it is merging with North East Small Finance Bank (NESFB). According to the fintech firm, […]
RBI appoints Muneesh Kapur as new Executive Director
The Reserve Bank of India (RBI) has appointed Muneesh Kapur as Executive Director (ED) with effect from 3rd October, 2023. In this role, he will […]
RBI reviews credit flow for MSMEs
The 28th meeting of the Standing Advisory Committee (SAC) to review the flow of credit to Micro, Small and Medium Enterprises (MSME) sector was held […]
Government finalises borrowing plan for second half of FY 2023-24
The government of India, in consultation with the Reserve Bank of India (RBI), has finalised its borrowing programme for the second half (H2) of the […]
M Rajeshwar Rao re-appointed as RBI Deputy Governor
The Centre has re-appointed M Rajeshwar Rao as Deputy Governor at the Reserve Bank of India, a statement from the central bank informed yesterday. The […]
Government grants ‘scheduled’ status to tier-III and tier-IV Urban Cooperative Banks
The Government of India has allowed licensed tier-III and tier-IV primary Urban Co-operative Banks (UCBs), fulfilling the criteria stipulated for financially sound and well-managed UCBs […]
Global cooperation and collaboration essential for sustainable financial ecosystem: Union Finance Minister
The Global Fintech Festival (GFF) 2023 opened in Mumbai with an inaugural address by Union Finance Minister Nirmala Sitharaman, wherein she called for global cooperation […]
RBI Governor rated ‘A+’ in Global Finance Central Banker Report Cards 2023
The Global Finance Central Banker Report Cards 2023 has rated RBI Governor Shaktikanta Das as ‘A+’ among three central bank governors. The other two governors […]