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RBI ACT 1934
Bharti Airtel shares in focus as NBFC Airtel Money commences commercial operations after RBI nodBharti Airtel shares will be in focus after its NBFC arm, Airtel Money, commenced commercial operations following RBI approval. The develop...- Bharti Airtel's NBFC arm begins commercial operationBharti Airtel's non-banking financial arm, Airtel Money, has officially begun its commercial operations after securing a license from the R...
- RBI accepts 2 core investment companies' applications for surrendering registrationThe Reserve Bank of India has cancelled registration certificates for several non-banking financial companies and core investment companies...
- RBI cancels registrations of 150 NBFCs; around 67 firms from Delhi, 75 from West BengalThe Reserve Bank of India has cancelled the registration of 150 Non-Banking Financial Companies. The highest number of affected firms are r...
- Rohit Jain appointed RBI deputy governor for three-year termRohit Jain has been appointed as the new deputy governor of the Reserve Bank of India. His term will begin on May 3 and last for three year...
- Gold loan fintech companies build own loan books as RBI tightens normsGold loan fintech startups are pivoting from loan sourcing to building their own loan books due to tightened RBI regulations. Companies lik...
- Non deposit taking NBFCs will continue to be under RBI purview says central bank in draft normsThe Reserve Bank of India has clarified new rules for non-banking finance companies. Certain NBFCs with assets under Rs 1000 crore and no c...
- How is the RBI Governor appointed?Sanjay Malhotra, a 1990-batch IAS officer, has been appointed as the 26th RBI Governor. He will succeed Shaktikanta Das on December 11, 202...
- PM Modi to address ceremony marking 90 years of RBI in Mumbai todayPrime Minister Narendra Modi will speak at the 90th anniversary event of the Reserve Bank of India in Mumbai, joined by Finance Minister Ni...
- Government approves one-year extension to RBI Deputy Governor Rajeshwar RaoM Rajeshwar Rao was appointed as the RBI Deputy Governor in October 2020 for a period of three years Rao was elevated as the RBI executive ...
- NaBFID to be regulated as AIFI under RBI ActThe National Bank for Financing Infrastructure and Development (NaBFID) Act, 2021, received the assent of the President on March 28, 2021. ...
- Transfer of surplus money from RBI in future to depend on income, expert panel suggestions: Nirmala SitharamanThe surplus distribution policy of RBI is determined in accordance with section 47 of the RBI Act, 1934, Sitharaman said in a written reply...
- RBI reportedly declines government's demand for additional dividend: AgenciesThe RBI transferred dividend to the tune of Rs 30,659 crore to the government for FY2016-17, which is half of what it paid to the governmen...
- RBI likely to give extra dividend to government for FY18RBI had transferred Rs 30,659 crore to the government for the accounting year 2016-17.
- Reserve Bank of India refuses to disclose list of loan defaultersThe case relates to an RTI application filed by activist Subhash Agrawal who had sought to know the list of people who had defaulted in the...
- Borrowers want Azad Hind Bank currency or similar variants to be used as legal tenderSeveral borrowers have written to the finance ministry seeking to repay loans through currency issued by the Azad Hind Bank.
- Budget 2016: Government to amend RBI Act to set up Monetary Policy Committee"The RBI Act 1934, is being amended to provide statutory basis for a Monetary Policy Framework and a Monetary Policy Committee through the ...
- RBI includes National Bank of Abu Dhabi in schedule II of Reserve Bank ActThe Reserve Bank today said it has included National Bank of Abu Dhabi PJSC (NBAD) in the Second Schedule to the Reserve Bank of India Act.
- Don't use currency notes for making garlands: RBIMaking garlands of currency notes, a practice followed in Indian marriages and public rallies, has sought to be discouraged by the Reserve ...
- RBI cancels certificate of registration of Kolkata firmRBI cancels certificate to Dotch Tie-up Pvt Ltd of Kolkata for carrying on the business of a non-banking financial institution.
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