Reserve bank of India

PNB flags Rs 270.57 crore fraud at Gupta Power Infrastructure

According to the bank’s disclosure to stock exchanges the bank has already made full provisions of ₹270.57 crore as per the prescribed prudential norms.

RBI imposes monetary penalty on Ujjivan Small Finance Bank and Shriram Finance

RBI imposed a ₹6.70 lakh penalty on Ujjivan Small Finance Bank Limited for failing to comply with the RBI’s guidelines on Loans and Advances - Statutory and Other Restrictions.

RBI greenlights Kotak Mahindra Bank: Digital onboarding & credit card issuance resumes!

After reviewing the audit findings and compliance submissions, the RBI found the bank’s corrective actions satisfactory and revoked the restrictions.

NSE Investments to sell 20.32% stake in Protean eGov Technologies via offer for sale

The OFS will open for non-retail investors on November 22 and for retail investors on November 25.

Zeta and RBI join forces launching a fintech breakthrough with UPI credit lines

RBI cracks down on unauthorised payments system via card networks

RBI’s leap into the future: India’s programmable e-rupee

Insights from RBI’s monetary policy meeting: Key takeaways and market perspectives

RBI and Bank of England sign MoU for information exchange about Clearing Corporation of India Limited

RBI announces bid to normalize liquidity with ₹50,000 crore VRRR auction

The auction will involve a substantial amount of Rs 50,000 crore, marking a significant move in the country’s monetary policy.

RBI issues circular on consumer credit and bank credit to NBFCs

The Reserve Bank of India (RBI) has announced a series of regulatory and developmental measures.

RBI appoints Manoranjan Mishra as new executive director

RBI is preparing to announce the appointment of Manoranjan Mishra as its new Executive Director.

RBI imposes ₹3.95 crore penalty on Kotak Mahindra bank for non-compliance

RBI has imposed a monetary penalty of ₹3.95 crore on Kotak Mahindra Bank Limited for non-compliance with various RBI directions.

RBI fines Paytm Payments Bank ₹5.39 crore for regulatory breaches

The Reserve Bank of India (RBI) has fined Paytm Payments Bank Limited ₹5.39 Crore.

RBI suspends onboarding of customers on ‘bob World’ app

RBI has directed the Bank of Baroda to suspend any further onboarding of customers onto the ‘bob World’ mobile application. The directive is based on supervisory concerns observed in the onboarding process.