Nov 2, 20222 minReserve Bank amends the "Eligibility Criteria for offering Internet Banking Facility by RRBs 2022" Reserve Bank of India (RBI), in the exercise of the powers conferred by Sections 35A of the Banking Regulation Act, 1949, amends the...
Nov 2, 20221 minIBBI (Model Bye-Laws and Governing Board of IPAs) (2nd Amendment) Regulations, 2022Notification No. IBBI/2022-23/GN/REG101 dt. 31st October 2022—In exercise of the powers conferred by sections 196, 203 and 205 read with...
Nov 1, 20221 minRBI imposes a monetary penalty of ₹ One Crore and Seventy Six Lakh on Vakrangee LimitedThe Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1,76,00,000 (Rupees One Crore and Seventy-Six Lakh only) on Vakrangee...
Nov 1, 20221 minCentral Bank Digital Currency (CBDG), launched today by Reserve Bank of IndiaReserve Bank of India (RBI) vide a Press Release dated October 7, 2022, announced that the RBI will soon commence pilot launches of...
Oct 31, 20221 minBank holidays in the month of November 2022The banks in the month of November 2022 will remain closed for 10 days. In October, banks were closed for 21 days as Navratri, Durga...