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 ...

The Reserve Bank of India (RBI) on Friday imposed monetary penalties on two financial institutions — American Express Banking Corp and HDB Financial Services, for non-compliance with regulatory ...

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

Good news for customers who wish to apply for a new Kotak Mahindra Bank credit card or open a bank account with them through online or mobile banking channel. “The Reserve Bank has decided to lift the ...

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 ...

New Delhi: In a significant relief for micro and small exporters, including the fast-growing segment of e-commerce exporters, the Reserve Bank of India (RBI) has simplified the procedure for closing ...