RBI's Latest Guidelines: How Banks and NBFCs Must Adapt to New Model Risk Standards

by Tanya Sharma on 2024-08-09

The Reserve Bank of India (RBI) has introduced new regulatory norms aimed at managing model risks in credit operations for banks, Non-Banking Financial Companies (NBFCs), and housing finance companies.

PRAVAAH Portal, RBI Retail Direct Mobile App, and FinTech Repository

by Tanya Sharma on 2024-06-06

On Tuesday (May 28), the Reserve Bank of India (RBI) introduced three significant projects, including a mobile application, to allow retail investors to engage in the government securities (G-Secs) market.

Paytm Payments Bank Transactions Breakdown From February End: RBI Imposes Strict Limitations

by Pragya Shukla on 2024-02-05

Due to ongoing non-compliance and supervisory concerns, the RBI directs Paytm Payments Bank to stop accepting deposits and credit transactions after February 29, 2024.

RBI Withdraws 2000-rupee Note From Circulation

by Yash Chauhan on 2023-05-22

Recently on 19th May 2023, the Reserve Bank of India released a circular regarding the withdrawal of the Rs. 2000 banknote. It is withdrawing all the banknotes of Rs. 2000 denomination from circulation.