Reserve Bank of India

SIDBI Launches Asset Restructuring Web Module to Help MSMEs Take Benefit of RBI’s Guidelines

KOCHI:Small Industries Development Bank of India (SIDBI), the country’s apex financial institution for the promotion, financing and development of Micro,…

3 years ago

Paytm Payouts now Enables Businesses with 24*7 RTGS Money Transfer

MUMBAI:India’s homegrown digital financial services platform Paytm today announced that its Payout service which enables businesses to make bulk and…

3 years ago

RBI asks Banks to Retain Profit, Not make any Dividend Payment for FY20

MUMBAI:In view of the economic shock caused by the COVID-19 pandemic, Reserve Bank of India (RBI) on Friday asked scheduled…

3 years ago

RTGS to be Made Available 24X7 in Next Few Days: RBI Governor

MUMBAI:In a business friendly move, the Reserve Bank of India on Friday said that the Real Time Gross Settlement (RTGS)…

3 years ago

RBI Holds Interest Rates; Projects GDP Growth Returning to Positive Territory in Current Quarter

MUMBAI:The Reserve Bank of India (RBI) on Friday left interest rates unchanged for a third straight meeting as inflation stayed…

3 years ago

The Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited

MUMBAI:Lakshmi Vilas Bank (LVB) is now amalgamated with DBS Bank India Limited (DBIL), the wholly-owned subsidiary of DBS Group Holdings…

3 years ago

Hinduja Group Welcomes RBI Report on Ownership Guidelines in the Indian Private Sector Banks

MUMBAI:The Chairman of the Hinduja Group of Companies (India), Ashok Hinduja has welcomed the Reserve Bank of India Internal Working…

3 years ago

IndusInd Bank Becomes the First Bank to go Live on RBI’s ‘Account Aggregator Framework’

MUMBAI:IndusInd Bank announced that it has gone live as a ‘Financial Information Provider’ (FIP) under the new ‘Account Aggregator Framework’…

4 years ago

IDBI Bank Limited Becomes the First Bank to Enable the Document Embedding Feature

MUMBAI:IDBI Bank Limited becomes the first bank to have implemented the new feature of document embedding facility with Letter of…

4 years ago

LVB Gets RBI Approval for ‘Committee of Directors’ to Manage the Bank

CHENNAI:On 28th September 2020, the Reserve Bank of India (RBI) has approved that, day-to- day affair of Lakshmi Vilas Bank…

4 years ago

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