The RBI is considering options for linking penalties to the size of regulated entities, as well as clawing back executive remuneration.
November 21, 2023Banks and NBFCs will have to set aside more capital against personal loans and credit card receivables, and tighten their credit standards.
November 17, 2023India’s ambassador to Thailand, Nagesh Singh, said negotiations have been underway and there will very soon be "good news".
November 17, 2023RBI governor Shaktikanta Das said a fast payment linkage between India and Japan could help make cross-border payments more efficient and less costly.
November 13, 2023The new features include voice-enabled payments, offline transfers, and NFC-enabled QR code payments.
September 8, 2023The RBI plans to start allowing the use of CBDC in the call money market, which is used for short-term interbank borrowing.
September 8, 2023The RBI's Shaktikanta Das and T Rabi Sankar said an SRO would be the best way to regulate the fintech industry and establish best practice standards.
September 7, 2023The new system uplifts the RBI’s ability to handle large data flows, aggregate data, perform analysis, disseminate information to the public, and engage with reporting entities.
July 3, 2023Banks can set their own limits for borrowing in the call and notice money markets, provided they meet existing prudential limits for inter-bank liabilities.
June 9, 2023RBI governor Shaktikanta Das said banks are employing "smart accounting methods" to artificially boost performance and mask stressed loans.
May 30, 2023