RBI proposes draft rules to regulate PoS for payment aggregators
As per the RBI release, the banking regulator has asked the payment aggregators to apply for PoS authorisation from RBI by May 31, 2025.
reserve bank of india
April 2024
March 2024
RBI MPC keeps repo rate unchanged for seventh time
GDP growth for the current financial year 2024-25 is projected at 7%
RBI@90: Past 10-yr economic reforms just a ‘trailer’; still a lot to do, says PM
RBI is the appropriate body for the holistic appreciation of the banking vision of Viksit Bharat, says PM Modi
RBI directs all agency banks to be open for public on Sunday, March 31
The decision taken to account for all the government transactions relating to receipts and payments in the FY 2023-24 itself
Federal Bank, South Indian Bank shares plunge up to 5% on RBI action
Federal Bank informed exchanges that it is in the process of rectifying areas that are deficient and will seek regulatory clearance prior to the resumption of new issuance.
Aditya Birla Capital to merge with Aditya Birla Finance
The amalgamation will result in compliance with the regulations of the Reserve Bank of India (RBI) which require the mandatory listing of Aditya Birla Finance by September 30, 2025.
RBI tightens rules for credit, debit cards linked to business accounts
RBI tells business card issuers to put in place an effective mechanism to monitor the end use of funds.
IIFL Finance shares surge 10% after Fairfax commits $200 mn liquidity support
Fairfax India Holdings Corporation announced its commitment to provide liquidity support worth $200 million to the company, amidst the Reserve Bank of India's (RBI) ban on issuing gold loans.
RBI directs banks to provide customers with options for multiple card networks
The directions do not apply to card issuers who issue credit cards on their own authorised card networks.
RBI directs IIFL Finance to stop issuing gold loans 'immediately'
The RBI’s probe found certain material supervisory concerns in the company’s gold loan portfolio
