Wise has received in-principle approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator – Cross Border for export transactions. This […]
Tag: Reserve Bank of India
IIFL Finance gets RBI nod to open Branches in Jammu & Kashmir
IIFL Finance has received regulatory approval from the Reserve Bank of India (RBI) to open branches in the Union Territory of Jammu & Kashmir. This […]
Poonawalla Fincorp introduces AI-backed regulatory response engine
Poonawalla Fincorp Limited (PFL) has launched an extensive deployment of artificial intelligence-powered solutions across its marketing and compliance functions in a move aimed at transforming […]
PayU bags RBI approval to operate as online payment aggregator
PayU Payments has secured the final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator under the Payment and […]
Vishweshwar Sahakari Bank earns Scheduled Bank recognition
The Reserve Bank of India (RBI) has conferred Scheduled Bank status upon Pune-based Vishweshwar Sahakari Bank. This milestone signifies the RBI’s renewed commitment to strengthening […]
Gujarat’s 15 UCBs get regulatory green signal from RBI
The Reserve Bank of India has lifted the Supervisory Action Framework (SAF) imposed on 15 Urban Cooperative Banks (UCBs) in Gujarat, signalling a positive shift […]
Ashika Credit Capital plans expansion with over Rs 500 crore infusion
Ashika Credit Capital has announced its audited financial results for the financial year ended March 31, 2025, along with several strategic developments. The company reported […]
RBI to onboard UCBs onto ULI for faster digital loans
The Reserve Bank of India (RBI) has been planning to onboard select Urban Cooperative Banks (UCBs) onto its innovative Unified Lending Interface (ULI). Similar to […]
RBI makes PRAVAAH portal mandatory for regulatory applications
The Reserve Bank of India (RBI) has announced that, starting 1st May, 2025, the use of the PRAVAAH portal will be mandatory for all regulatory […]
Tier-III UCBs Outshine in Deposits, Advances and Total Assets
Tier-III Urban Cooperative Banks (UCBs) have emerged as the strongest performers in terms of financial indicators such as deposits, advances, and total assets, as of […]