The Reserve Bank of India (RBI) has recently issued a directive mandating all Indian banks to transition their net banking services to the exclusive ‘.bank.in’ […]
Tag: Reserve Bank of India
RBI cuts repo rate to six per cent
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, bringing it down to six per cent from 6.25 per […]
RBI appoints Poonam Gupta as Deputy Governor
The Reserve Bank of India (RBI) has named Poonam Gupta as the new Deputy Governor. She is a well-known economist and Director General (DG) of […]
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 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 […]
Rajat Verma set to lead as India CEO at DBS from March 2025
Development Bank of Singapore (DBS) will be appointing Rajat Verma as Chief Executive Officer (CEO) of DBS India with effect from 1st March, 2025, in […]
RBI introduces beneficiary bank account name look-up facility for RTGS and NEFT transactions
In a significant move to enhance the security and transparency of digital transactions, the Reserve Bank of India (RBI) has announced the introduction of a […]
RBI introduces UPI access for prepaid wallets via third-party apps
The Reserve Bank of India (RBI) has enabled Prepaid Payment Instrument (PPI) holders to make Unified Payments Interface (UPI) transactions through third-party applications. This policy […]