In a bid to modernize rural banking coordination, the Reserve Bank of India (RBI) has released a draft circular on the Lead Bank Scheme (LBS) and is calling for feedback …
RBI
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In a candid address at IIM Bengaluru, Infosys founder N.R. Narayan Murthy lauded the Reserve Bank of India’s (RBI) pivotal role in revolutionizing digital payments through UPI. He called RBI …
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Millions of loan seekers in India are set to benefit from significant reforms by the Reserve Bank of India (RBI) targeting Credit Information Companies (CICs). These new regulations, slated to …
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Official data released on October 1 indicates that Rs 2,000 currency notes valued at Rs 5,884 crore remain in circulation. These notes continue to be legal tender despite the Reserve …
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The Reserve Bank of India has given a significant boost to PhonePe, a fintech company providing online payment services, just before Diwali. The RBI has approved PhonePe as an online …
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The Reserve Bank of India (RBI) is developing a new rule aimed at empowering lenders. Under this new regulation, lenders will be able to remotely lock the phones of individuals …
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ICICI Bank has significantly increased the minimum average monthly balance requirements for new savings accounts, effective August 1, 2025, leading to mixed reactions from customers. The revised rules mean that …
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While the Reserve Bank of India (RBI) maintained the repo rate at its recent meeting, a reduction of 1% has occurred over the past year. This decrease, initiated through cuts …
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RBI WhatsApp Channel: The Reserve Bank of India (RBI) has rolled out an official WhatsApp channel to make financial information more accessible to people across the country. The initiative aims …
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Mumbai: The Reserve Bank Governor Sanjay Malhotra on Wednesday said that considering the evolving landscape of money laundering, regulators will need to continuously augment artificial intelligence (AI) and Machine Learning …