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 […]
Tag: Reserve Bank of India
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 […]
RBI mandates use of new secure domain to combat digital banking scams
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’ […]
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 […]