Summarizing RBI’s FREE-AI framework: 7 principles (Trust, Fairness, Accountability) for AI governance in Indian banks and ...

Reserve Bank of India (RBI) has imposed penalties of Rs11.60 lakh on three cooperative banks and one housing finance company ...

Reserve Bank of India (RBI) has imposed a penalty of Rs26 lakh on two cooperative banks for non-compliance with the ...

Sources familiar with the matter said that a few large public-sector NBFCs are likely to be added to the upper-layer list, as ...

The payments bank's new official domain, jiopayments.bank.in, replaces jiobank.in as part of RBI compliance and enhanced ...

Enabling banks to fund corporate acquisitions marks a structural shift, with implications for corporates, banks, and private ...

RBI directs banks to offer nomination at account opening; customers can opt out with written declaration. Directions ...

Banks urge RBI to increase acquisition finance limits, advocating for higher exposure caps and funding for unlisted companies ...

NEW DELHI: The Reserve Bank of India (RBI) on Friday fined State Bank of India and Jana Small Finance Bank for failing to follow certain regulatory non-compliances. According to the RBI, it has levied ...

C S Rajan reappointed as Part-Time Chairman of the Kotak Mahindra Bank after RBI approval, ensuring leadership continuity, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The RBI in March 2022 ordered the banking arm of the payments ...

The RBI said, in a draft circular, that the move is aimed at brining efficiency in cross-border payments aligning with the ...