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 […]
Tag: Reserve Bank of India
Amit Shah to inaugurate umbrella organisation for UCB sector next month
Union Home Minister Amit Shah will inaugurate the umbrella organisation for the Urban Cooperative Banking (UCB) sector on 2nd March, 2024 in New Delhi. Jyotindra […]
RBI grants PA licence to Mswipe Technologies
The Reserve Bank of India (RBI) has granted the Payment Aggregator (PA) licence to digital payments platform Mswipe Technologies. In a statement yesterday, the company […]
CCI gives consent to proposed merger of Fincare SFB with AU SFB
The Competition Commission of India (CCI) has approved the proposed merger of Fincare Small Bank into AU Small Finance Bank. The approval for the merger […]
RBI releases notification for dividend declaration by banks
The Reserve Bank of India (RBI) yesterday came out with a notification on declaration of dividend by banks and remittance of profits to head office […]
RBI grants three additional months to banks and NBFCs to adopt new regulations
The Reserve Bank of India (RBI) has granted three additional months to banks and Non-Banking Financial Companies (NBFCs) up till 1st April, 2024, for executing […]
RBI proposes to bring foreign correspondents
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 […]
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 […]
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 […]
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 […]