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RBI DEPUTY GOVERNOR SC MURMU
MDR fears groundless, AI accountability lies with boards: RBI Dy Governor SC MurmuTackling industry anxieties head-on at the Bengal Chamber of Commerce & Industry's (BCC&I) Financial Market Conclave in Mumbai, Reserve Ban...
UPI MDR kicks in October 15: RBI DG says merchant fee on payments above Rs 2,000 won’t trigger cash surgeIn a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encoura...
Watch how South Carolina inmate escaped jail using a pencil in viral video; here’s what happened nextAn inmate executed a notable escape by fashioning a key from a pencil to unlock his cell and swiftly navigated through the kitchen area of ...
RBI clarifies principal business rules for NBFCs, CIC definition after Tata Sons CoR rejectionThe Reserve Bank of India has clarified definitions for financial activity and core investment companies. This clarification follows the re...
Dinesh Sharma takes oath as lieutenant governor of the Andaman and Nicobar IslandsDinesh Sharma took the oath as the 14th Lieutenant Governor of Andaman and Nicobar Islands. Calcutta High Court Chief Justice administered ...
India's wholesale inflation accelerates to 9.92% in August from 9.78% in JulyIndia’s wholesale inflation accelerated to 9.92% in August from 9.78% in July, slightly above the 9.89% expected in a Reuters poll. Consume...
Banks seek RBI nod to use new rules for old trade mismatchesBanks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh cr...
RBI has enough tools to absorb liquidity surge, 'nothing off table': Governor MalhotraThe Reserve Bank of India possesses tools to manage banking liquidity from deposit inflows. Governor Sanjay Malhotra indicated a readiness ...
Credit, savings, insurance next frontiers in financial services: RBI DGRBI deputy governor Shirish Chandra Murmu highlighted extending digital payment success to credit and insurance. Technology must expand for...
GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
'Fintechs must treat data as fiduciary duty, not business asset,' says RBI Governor Sanjay MalhotraReserve Bank of India governor Sanjay Malhotra stressed data fiduciary responsibility for fintechs. He stated that user data must be treate...
RBI Deputy Governor Rohit Jain flags speed, concentration and opacity as fintech risks; says technology must serve customersRBI Deputy Governor Rohit Jain warned financial institutions and fintech firms that rapid adoption of emerging technologies brings risks ar...
Policy must balance innovation with accountability, resilience: RBI Deputy Guv Rohit JainRBI Deputy Governor Rohit Jain emphasized the importance of policy in promoting innovation responsibly. He highlighted the need for clear g...
Haldwani 'purification' row: Congress workers protest in Dehradun, MPs to meet PresidentCongress leaders demonstrated in Dehradun, demanding an FIR for a recent ritual. Over thirty SC/ST MPs met in Delhi to seek a meeting with ...
SC-ST MPs of Congress decide to petition president on 'purification' rowThirty-two SC-ST Congress MPs will submit a memorandum to President Murmu. They are protesting a purification ceremony held in Haldwani aft...
President Murmu appoints BJP MP Dinesh Sharma as Lt Governor of Andaman and Nicobar IslandsPresident Droupadi Murmu has appointed BJP MP Dinesh Sharma as the Lieutenant Governor of the Andaman and Nicobar Islands, Rashtrapati Bhav...
Liquidity management, asset quality among pillars for NBFC growth: RBI DGRBI deputy governor Murmu highlighted five key areas for NBFCs and HFCs. These companies must focus on governance and liquidity management ...
NBFCs must use AI, strengthen underwriting as credit growth accelerates: RBI Deputy Governor MurmuReserve Bank of India Deputy Governor S C Murmu urged NBFCs to use AI and machine learning tools. He emphasized stronger risk management an...
Need stronger governance, internal controls in urban cooperative banks: RBI Deputy GuvIn a recent address, RBI Deputy Governor Swaminathan J urged urban cooperative banks to strengthen their governance frameworks and adopt te...
RBI working to give banknotes in your pocket a longer lease on lifeThe RBI is exploring ways to extend the life of banknotes, including surface coatings and polymer notes for lower denominations, Deputy Gov...