Page 12 - Master Direction News Today

The RBI has announced a new regulatory framework for digital lending in India – to be implemented with immediate effect.

The Reserve Bank of India (RBI) has issued a draft Master Direction setting out a risk management framework for the outsourcing of IT services.

Customers of registered credit bureaus can now approach the Reserve Bank of India (RBI) for faster resolution of their credit scores and related complaints.

The Reserve Bank of India (RBI) will allow the Bharat Bill Payment System (BBPS) to process cross-border inbound bill payments that will help senior citizens in India while their wards are overseas, said Governor Shaktikanta Das.The BBPS, an ...

The Reserve Bank of India (RBI) will allow the Bharat Bill Payment System (BBPS) to process cross-border inbound bill payments that will help senior citizens in India while their wards are overseas, said Governor Shaktikanta Das.The BBPS is an ...

RBI sets up rupee payment mechanism for global trade

The number of digital transactions frauds under the category Card/Internet - ATM/Debit Cards, Credit Cards and Internet Banking as per the occurrence of frauds has declined from 70,283 in 2020-21 to 58,111 in 2021-22.In a written reply to a ...

The RBI declared a preparation for domestic traders to resolve imports and exports in rupees. The central bank...

RBI imposed a monetary penalty of ₹1.67 crores on Ola Financial Services for non-compliance with PPI and KYC guidelines

RBI has slapped a penalty of INR 1.67 Cr on Ola Financial Services for non-compliance with directions for PPIs and KYC norms.