“RBI seems to be more supportive of a centralized KYC system, but Sebi insists on having its own additional KYC requirements. As a result, customers and intermediaries like myself have to go ...

The Reserve Bank of India (RBI) announced on Friday ... Services—Basic Savings Bank Deposit Account (BSBDA)’, ‘Know Your Customer’, and ‘Loans and Advances—Statutory and Other ...

RBI MPC meeting 2025 highlights: Reserve Bank of India (RBI) governor Sanjay Malhotra has announced the Monetary Policy Committee has cut the benchmark repo rate by 26 basis points. The MPC began ...

RBI had asked place restrictions in April last year after finding deficiencies and non-compliances in Kotak Mahindra Bank's ...

complete e-KYC and set up the EMI payment. As the repo rate has come down the banks will receive the money from the RBI at a cheaper rate and this benefit is expected to be passed on to the customers.

Great news for mobile users in India! The Reserve Bank of India (RBI) has recently introduced two dedicated phone number series for financial institutions to make transaction and marketing calls ...

RBI governor Sanjay Malhotra announced a 25 basis points cut in the benchmark repo rate to 6.25%, the first reduction in five years. New Reserve Bank of India or RBI governor Sanjay Malhotra on ...

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...

The Reserve Bank of India has reallocated the responsibilities of its deputy governors following the end of Deputy Governor Michael Debabrata Patra's extended term. M Rajeshwar Rao will now handle ...

In a bid to tackle financial fraud, the Reserve Bank of India (RBI) has issued directions to Regulated Entities (REs) to specifically use the ‘1600xx’ numbering series for transactional calls ...

RBI Governor Sanjay Malhotra, in his maiden monetary policy review of the central bank, announced that after a detailed assessment of the evolving macroeconomic and financial developments and the ...

The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy.