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March 3, 2023
The Reserve Bank of India (RBI) has imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited over non-compliance with the regulators directions on KYC requirements. -- aaa
March 3, 2023
The central bank has imposed penalty for non-compliance of the Prepaid Payment Instruments and KYC directions
February 24, 2023
Bengaluru (Karnataka) [India], February 24 (ANI/BusinessWire India): RBI's Deputy Governor (Rabi Sankar), Chief General Manager (P. Vasudevan), Nandan Nilekani and NPCI's MD & CEO (Dilip Asbe) have launched 'UPI One World' for foreign nationals visiting India. The launch was conducted at the JW Marriott, Prestige Golfshire Resort in Bengaluru which is hosting the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the G20 Indian Presidency. Transcorp ...
February 23, 2023
RBIs Deputy Governor Shri Rabi Sankar, Chief General Manager Shri P. Vasudevan, Shri Nandan Nilekani and NPCIs MD & CEO Shri Dilip Asbe have launched UPI One World for foreign nationals visiting India.
February 20, 2023
Mumbai (Maharashtra) [India], February 20 (ANI/BusinessWire India): Equifax Credit Information Services Private Limited (ECIS), a leading credit bureau, today announced the launch of the Household Combined Credit Report for the Microfinance segment
January 20, 2023
Investegate announcements from Federal Bank Ltd The, 3rd Quarter Results
January 2, 2023
Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI), and the shift in preference for rupee credit over external commercial borrowing (ECB) were the major happenings in the banking sector in 2022, a ...
December 12, 2022
For Credit Card payments, the RBI has instructed banks and credit card issuers that they may only impose late penalties three days after a payment is missed. -- aaa
December 10, 2022
The latest RBI amendment in the securitisation norms is likely to hit fintechs, BNPL players and microfinance institutions.
December 10, 2022
On December 5, 2022, the Reserve Bank of India announced revisions to the Master Direction - Reserve Bank of India i.e., Securitisation of Standard Assets Directions, 2021.