RBI’s New Guidelines: Relief to Loan Customers with Fair Practices in Interest Charging
The Reserve Bank of India (RBI) has issued guidelines called the Fair Practices Code for lenders, including banks and non-banking …
RBI
RBI finds ‘unfair practices in charging of interest’, asks banks to review
 The Reserve Bank of India (RBI) on Monday directed banks and non-bank financiers to review some of their lending …
RBI directs Talkcharge to stop PPI, wallet issuance; refund balances
2 min read Last Updated : Apr 25 2024 | 9:26 PM IST The Reserve Bank of India (RBI) has …
RBI bars Kotak Bank from adding new customers; Is your money in the bank safe?
However, the RBI restriction order raises doubts for the existing customers of the bank over the safety of money in …
RBI flags unauthorised forex entities offering exorbitant returns
The central bank said that there was a need for greater vigilance to prevent the misuse of banking channels in …
RBI asks payment system operators to report high value, suspicious transactions during elections
Reserve Bank of India has asked all authorised non-bank Payment System Operators (PSOs) to report high value and suspicious transactions …
Tata Group seeks RBI waiver from listing NBFC
Tata Group has sought a formal waiver from the central bank to avoid listing Tata Sons, its holding company and …
RBI imposed fine of lakhs of rupees on five banks for violating rules
The Reserve Bank of India (RBI) has imposed penalty on Rajkot Citizens Co-operative Bank, Kangra Co-operative Bank (New Delhi), Rajdhani …
RBI mandates offline payment aggregators to verify KYC for merchants
The Reserve Bank of India’s (RBI) draft regulation for payment aggregators (PAs) will enable the latter to manage risks on …
RBI caps Sarvodaya Bank customers withdrawals limit at Rs 15,000
In a significant move, the Reserve Bank of India (RBI) has placed several constraints on the Mumbai-based Sarvodaya Co-operative Bank. …
