The OMO purchase will be undertaken in three tranches of Rs 20,000 crore each, wherein RBI will buy government securities ...

Faced with rising liquidity crunch which has crossed Rs 3 trillion mark many times in the recent weeks, the Reserve Bank has ...

Reserve Bank of India (RBI) has updated its framework for imposing monetary penalties and compounding offences under the ...

Despite the fintech industry’s struggle to form a united SRO, discussions about self-regulation began in early 2023 and gained momentum in October 2023, following an RBI press briefing.

Tata Sons continues to be in the NBFC upper layer (UL) list despite its proposal to deregister as a non-banking finance ...

Draft norms for management of liquidity by banks are due for finalisation by new RBI governor Sanjay Malhotra, and the original schedule called for them to take effect from April 1.

Mumbai, The RBI on Monday released a 'draft framework for recognising Self-Regulatory Organisations (SRO) for FinTech Sector ', laying down the characteristics of a FinTech SRO, and includes the ...

After over a year of deliberations and discussions, the RBI has finally released the official guidelines for non-banking financial companies (NBFCs) engaged in P2P lending in the country.

The Reserve Bank of India (RBI) is likely to announce significant changes to its Liquidity Management Framework (LMF), ...

Whenever reminders for installment payments are sent to borrowers, the applicable penal charges must also be communicated to them, said RBI. Banks and NBFCs cannot charge you a higher rate of ...

This is reported in the RBI press release. Thus, RBI has completed negotiations on the sale of Priorbank, announced on February 14, 2024. The transaction is expected to be completed in the fourth ...