RBI to Strengthen Risk-Based Supervision of Banks, NBFCs
The Reserve Bank of India (RBI) uses the RBS model, including both qualitative and quantitative elements, to supervise banks, urban cooperatives banks, non-banking financial companies,...
Tag : Reserve Bank of India (RBI)
T Rabi Sankar Appointed as RBI’s New Deputy Governor
The appointments committee of the Union Cabinet has cleared the name of T. Rabi Sankar for the post of deputy governor of the Reserve Bank...
RBI Launches Surveys to Get Inputs For Monetary Policy
The Reserve Bank of India (RBI) on Wednesday announced the launch of the latest round of households’ surveys to capture inflation expectations and consumer confidence,...
RBI Issues Guidelines for Appointment of Statutory Auditors of Banks, NBFCs
The Reserve Bank of India (RBI) on Tuesday issued guidelines for the appointment of statutory auditors of banks and non-banking finance companies (NBFCs), including housing...
RBI Bans Amex, Diners From Selling Credit Cards
Reserve Bank of India (RBI) has banned credit card companies American Express and Diners Club International from onboarding new domestic customers onto their card networks...
HDFC Bank Appoints Atanu Chakraborty As Part-Time Chairman
The Reserve Bank of India (RBI) has approved Atanu Chakraborty as the part-time chairman of HDFC Bank. HDFC Bank said in a statement, “A meeting...
RBI to Cancel Licence of Sambandh Finserve
Reserve Bank of India (RBI) has issued a show-cause notice prior to cancelling the licence of fraud-hit Sambandh Finserve Pvt Ltd. after its networth eroded...
DCB Bank Acquires 9% Stake in Techfino Capital
Private lender DCB Bank on April 21 announced that it has acquired a minority equity stake of about 9 per cent in Bengaluru-based non-banking financial...
RBI Announces a Massive Rs 1 Tn G-sec Purchase Programme
The Reserve Bank of India (RBI) on Wednesday announced a secondary market government security acquisition program (GSAP 1.0) wherein the central bank will purchase government...
RBI Kept Repo Rate Unchanged at 4%
Reserve Bank of India (RBI) has kept the policy rate unchanged at 4 per cent and voted unanimously to maintain the status quo with an...
