The key difference between the old and the revised rules is around the approval processes for the settlement of loans.

In a circular last week, RBI allowed overseas branches of authorized dealer (AD) banks to open rupee accounts for ...

With inflation easing but global uncertainties rising, all eyes are on RBI’s February policy meeting—will it cut rates to ...

A turbulent year concludes for Paytm, after in January last year, RBI issued an order imposing restrictions on Paytm Payments ...

Former RBI Governor Raghuram Rajan said that he is not worried about the reduction in tax rates but instead about the need ...

Axis Bank CEO and MD Amitabh Chaudhry has flagged the “unintended consequences” of India’s fiscal and monetary policies, ...

The Mumbai-based company was providing loans through several service providers (mobile apps), including Wecash Technology, ...

The Reserve Bank of India canceled the registration of X10 Financial Services Ltd, an NBFC, due to irregularities in its ...

The Reserve Bank of India (RBI) introduces specific phone number series for banks to enhance communication security and ...

The Reserve Bank of India last year imposed new curbs on unlisted Paytm Payments Bank Ltd. after years-long warnings about ...

Both the government and the RBI are currently so focused on their respective targets that they are losing sight of the fact ...

Cross-border payment startup Skydo has secured the licence from the Reserve Bank of India (RBI) to function as a Payment ...