RBI Approves Video-Based KYC to Verify Customer’s Identity

The Reserve Bank of India (RBI) has agreed to permit video-based Know…

4 alternatives to savings account for higher returns

Is keeping your hard-earned money in a savings account worth your wait?…
RBI

RBI Recommends Capping of Exposure Limits for UCBs

The Reserve Bank of India (RBI) has been working towards capping exposure…

RBI to Hold Round-2 of Operation Twist on Monday

The Reserve Bank of India (RBI) has announced on Thursday that it…

RBI Flags Reliance on Retail Loans; Suggests Focus on Industrial Lending

In a recent development, the Reserve Bank of India (RBI) has flagged…

RBI pleads to reduce rates of small savings scheme

Last week, rumours were rife about a possible rate cut in SSY,…
RBI

RBI Expected to Roll out Another Rate Cut This Week

The worsening economic conditions in the country might just result in the…

Large Credit Information Soon to Be Available for MFs and NBFCs

According to reports, the Reserve Bank of India (RBI) may provide non-banking…
RBI

RBI deputy governor directs banks to monitor mudra loans

Banks lend uncollateralised loans under the Pradhan Mantri Mudra Yojana (PMMY). To…

Government Considers One-Time Loan Waiver for Real Estate Companies

The Reserve Bank of India (RBI) and the government have been considering…