https://www.thehindubusinessline.com/money-and-banking/rbi-bars-federal-bank-south-indian-bank-from-issuing-co-branded-credit-cards/article67947803.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-bars-federal-bank-south-indian-bank-from-issuing-co-branded-credit-cards/article67947803.ece South Indian Bank says that it will not on-board any fresh customers under co-branded credit cards until it is fully compliant with
Category: RBI–Banks
👍👍👍Handling complaints costs RBI Rs 144 cr: Here’s state-wise breakdown | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/handling-complaints-costs-rbi-rs-144-cr-here-s-state-wise-breakdown-124031300618_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/handling-complaints-costs-rbi-rs-144-cr-here-s-state-wise-breakdown-124031300618_1.html The total cost of handling complaints across ORBIO’s offices in India, including those in Ahmedabad and Raipur, amounted to Rs 143.56 crore
👍👍👍👍👍RBI’s role in financial innovation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/rbis-role-in-financial-innovation/article67943823.ece Clipped from: https://www.thehindubusinessline.com/opinion/rbis-role-in-financial-innovation/article67943823.ece Resolving the conflict between public and private good is vital. RBI must clarify fintechs’ concerns The recent clampdown by RBI on a
👍👍👍RBI unveils draft guidelines on climate-related financial disclosures – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-draft-guidelines-on-climate-related-financial-disclosures/article67946469.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-draft-guidelines-on-climate-related-financial-disclosures/article67946469.ece The guidelines require comprehensive disclosures aligned with the global TCFD framework On February 28, the Reserve Bank of India (RBI unveiled draft
👍👍👍Total of 22,217 electoral bonds purchased from Apr 1, 2019 to Feb 15, 2024: SBI to SC – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/national/total-of-22217-electoral-bonds-purchased-from-apr-1-2019-to-feb-15-2024-sbi-to-sc/article67946532.ece Clipped from: https://www.thehindubusinessline.com/news/national/total-of-22217-electoral-bonds-purchased-from-apr-1-2019-to-feb-15-2024-sbi-to-sc/article67946532.ece The Supreme Court directed the Election Commission to publish the details shared by SBI on its official website by 5 pm on
👍👍👍👍👍👍👍KYC rules to change: Uniform KYC for all — opening bank account to buying insurance to investing in stocks, mutual funds – CAalley.com
https://caalley.com/new-update/indian-news-listings/kyc-rules-to-change-uniform-kyc-for-all-opening-bank-account-to-buying-insurance-to-investing-in-stocks-mutual-funds Clipped from: https://caalley.com/new-update/indian-news-listings/kyc-rules-to-change-uniform-kyc-for-all-opening-bank-account-to-buying-insurance-to-investing-in-stocks-mutual-funds KYC rules to change: Mar 13, 2024 SynopsisIn its recent meetings, FSDC, chaired by Finance Minister Nirmala Sitharaman, proposed to bring uniform
👍RBI bars IIFL Finance from sanctioning and disbursing gold loans | Company News – Business Standard
https://www.business-standard.com/companies/news/rbi-bars-iifl-finance-from-sanctioning-and-disbursing-gold-loans-124030400869_1.html Clipped from: https://www.business-standard.com/companies/news/rbi-bars-iifl-finance-from-sanctioning-and-disbursing-gold-loans-124030400869_1.html Move after no corrective action to address norm breach; ban to be reviewed after special audit; 2,721 gold loan branches manned by
👍👍👍👍👍Is RBI’S intervention approach harmful? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/is-rbis-intervention-approach-harmful/3412154 Clipped from: https://www.financialexpress.com/opinion/is-rbis-intervention-approach-harmful/3412154/ RBI intervention would still be necessary to control the volatility to ensure that excess inflows or outflows did not push the rupee
👍RBI likely to revoke banking licence of Paytm Payments Bank – Banking & Finance News | The Financial Express
https://www.financialexpress.com/business/banking-finance-paytm-payments-bank-likely-to-lose-banking-licence-bkg-3412898 lipped from: https://www.financialexpress.com/business/banking-finance-paytm-payments-bank-likely-to-lose-banking-licence-bkg-3412898/ The report also said that while there were many banking majors interested in the acquisition of Paytm Payments Bank, however, ‘inadequate KYC
👍Share of term deposits in Banks’ total deposits up at 60.3% in Dec 2023: RBI – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/share-of-term-deposits-in-banks-total-deposits-up-at-603-in-dec-2023-rbi/article67907466.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/share-of-term-deposits-in-banks-total-deposits-up-at-603-in-dec-2023-rbi/article67907466.ece This share was at 57.2% in March 2023, rising return on term deposits is driving the compositional shift in deposits The share
👍Fintech, age and central banking | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/a-duel-of-sexagenarians-and-quadragenarians-124030300343_1.html Clipped from: https://www.business-standard.com/opinion/columns/a-duel-of-sexagenarians-and-quadragenarians-124030300343_1.html Innovations in the fintech sector will continue, but will the innovators in their 40s have the freedom to ignore the regulations set
RBI conducts two VRRR auctions as money market rates fall below repo rate | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-conducts-two-vrrr-auctions-as-money-market-rates-fall-below-repo-rate-124022800995_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-conducts-two-vrrr-auctions-as-money-market-rates-fall-below-repo-rate-124022800995_1.html The RBI received Rs 20,860 crore bids against the notified amount of Rs 50,000 crore at the first auction Photo: Bloomberg Listen
Opt for loan apps that have partnered reputable regulated entities | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/opt-for-loan-apps-that-have-partnered-with-reputable-regulated-entities-124022700990_1.html lipped from: https://www.business-standard.com/finance/personal-finance/opt-for-loan-apps-that-have-partnered-with-reputable-regulated-entities-124022700990_1.html The app must be featured on that entity’s website and in RBI’s whitelist Review the permissions the app asks for. Jalan suggests
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