NBFCs without public funds and direct customer interface, with asset size not exceeding Rs 1,000 crore, will not have to ...

Facing a surge in complaints over harassment by loan recovery agents, RBI is set to issue fresh draft guidelines to tighten ...

The issue was complexity due to separate VRR limits. The takeaway is simplified compliance by merging VRR investments with General Route ...

While the RBI mandates compensation for technical failures, recovering funds sent to a wrong UPI ID remains a manual process ...

RBI Deputy Governor Shirish Chandra Murmu has said that the central bank has reorganised or done away with as many as 9,445 directions over a period of 5-6 months. The RBI has combined thousands of ...

Reserve Bank of India directs agency banks to stay open on March 31 for government transactions, overriding Mahavir Janmakalyanak holiday in some states.

A news is circulating on many social media channels that the Reserve Bank of India (RBI) has instructed all banks to add .bank.in to their respective domain names. The news led to confusion among many ...

The 30-day window to decide whether the account is non-performing removes the compulsion of starting a resolution process even if there was a one-day default, says Sunil Mehta, Chairman, Punjab ...