The Reserve Bank of India (RBI) has formed a committee headed by Tapan Ray to review regulatory guidelines and supervisory framework applicable to core investment companies (CICs). What...
The Central Government of India may give the power to regulate the various housing finance corporations (HFCs) in the country to the Reserve Bank of India (RBI). The...
Reserve Bank of India recently clarified that all Payment System Operators (PSOs) shall store entire payment data in systems located only in India. It means that the data...
The Reserve Bank of India (RBI) has permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers i.e. other such entities. However, RBI, the apex banking regulator...
As per the data revealed by Reserve Bank of India (RBI), India’s foreign exchange (Forex) reserve rose to a life-time high of $426.42 billion (in week to 21...
The Bimal Jalan panel formed by the Reserve Bank of India (RBI) to review the economic capital framework of the Reserve Bank of India (RBI) has deferred the...
The Reserve Bank of India (RBI) has launched Complaint Management System (CMS), on its website for facilitating RBI’s grievance redressal process. About CMS It is a software application...
The U.K. Sinha committee constituted by the Reserve Bank of India (RBI) to study the problems faced by MSMEs has recommended constituting stressed asset fund for domestic micro,...
As per a written reply given by Union Finance Minister Smt. Nirmala Sitharaman in Lok Sabha, the number of wilful defaulters in nationalised banks has increased by more...
The Reserve Bank of India (RBI) has launched a single window portal, Complaint Management System for addressing customer complaints relating to banks and non-banking finance companies (NBFCs) through...
