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RBI extends risk-based internal audit system to housing finance companies
The RBI, through a circular, extended the provisions issued for NBFCs to housing finance companies (HFCs) also.
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Microfinance institutions’ 30-plus delinquency may rise to 14-16% in June: Report
More MFIs are likely to opt for permitting restructuring under the Reserve Bank of India’s (RBI) Resolution Framework 2.0
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Regulators plan tough norms for banks on cryptocurrencies
The Basel Committee on Banking Supervision stated the banking industry faces increased risks from cryptoassets
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ATM transactions beyond permissible limit to cost more
Customers will have to pay Rs 21 per transaction, instead of Rs 20, from January 1, 2022, if they exceed the monthly limit of free transactions
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Minting money is expensive business
The prerogative of printing currency rests with RBI and the central bank should resist the temptation of taking the easy route
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RBI asks banks not to destroy CCTV recordings of demonetisation period
The present order is a continuation of an earlier advisory issued to the lenders in December 2016 to preserve the CCTV footage of operations at bank b
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Gold shines in low-interest era; go for it
Gold investment: One of the key drivers of gold prices nowadays is the negative real yields on bonds in a low interest rate regime
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RBI imposes penalty on Bank of India, Punjab National Bank totalling Rs 6 crore
A penalty of Rs 4 crore has been imposed on Bank of India and Rs 2 crore on Punjab National Bank
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Consumer confidence hits an all time low: RBI survey
Consumer confidence has been in negative territory since July 2019 and has now dropped to 48.5 in May, the index's all-time low
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RBI unveils sleepless digital transactions
The common man’s experience will shape the future of digital financial transactions in this country
