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RBI STEERING COMMITTEE
Guardrails for MFIs need to continueIn a recent advisory, Sa-Dhan, a key player in the microfinance arena, underscores the necessity of upholding lending standards for financi...- Sa-Dhan backs continued microfinance guardrails, suggests RBI steering panelSa-Dhan, a microfinance self-regulator, recommends maintaining lending guardrails for bottom-of-the-pyramid customers. These rules aim to p...
- No proposal under consideration on merger of PSU banks: MoS FinanceThe government has no current proposals for merging public sector banks, according to Minister of State for Finance Pankaj Chaudhary. He hi...
- RBI MPC 2025: Malhotra & co. expected to favour repo rate pause after robust Q2 GDP numbers, says SBI ResearchThe Reserve Bank of India is anticipated to maintain its repo rate at the upcoming December Monetary Policy Committee meeting. This decisio...
- RBI deputy governor T Rabi Sankar gets second one-year extensionRabi Sankar receives a second extension as Reserve Bank of India deputy governor. The Appointments Committee of the Cabinet approved the ex...
- RBI to hike ATM transaction fee from Rs 21 to Rs 23 starting May 2025Effective May 1, 2025, ATM transaction fees will increase to Rs 23 per transaction, up from Rs 21. Customers will continue to receive five ...
- Sea change in regulatory top deck this yearIndia's banking and financial regulation landscape is likely to see changes. The Reserve Bank of India recently appointed a new governor. S...
- RBI monetary policy: SBI Research expects another pause in interest ratesSBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank's third monetary policy com...
- Zydus Life's Pankaj Patel appointed part-time Non-official Director in Central Board, RBIThe Appointments Committee of the Cabinet (ACC) approved the proposal of appointment for a period of four years from the date of notificati...
- For DHFL, RBI appoints EY administrator advisor and AZB legal advisorDHFL is in the process of finding a resolution after a recent proposal of lenders was rejected by the RBI. ET was first to report on Octobe...
- Former RBI deputy governor appointed as chairman of MFI panelMembers of the steering committee include Harsh Shrivastava of MFIN, P Satish of Sa-Dhan, Srinivas Bonam of IndusInd Bank and Sonia Krishna...
- ‘SBI, PNB guilty of dereliction of duty in evaluating Bhushan Steel’The SFIO report showed that the two banks ‘failed’ to resolve the issue of non-cooperation by BSL.
- UPI entities may face cap on market shareThe RBI had spoken about a similar risk on payments ecosystem while circulating a discussion paper on setting up other retail payment syste...
- Shaktikanta Das: The man behind GST, note ban now heads RBIA 1980 batch Tamil Nadu batch IAS officer, Shaktikanta Das took charge as revenue secretary in 2014.
- Urjit Patel assumes charge as new RBI GovernorPatel was serving as RBI's deputy governor since January 2013 and was in charge of monetary policy. Among his assignments as deputy governo...
- Urjit Patel: RBI's inflation warrior with corporate backgroundA soft-spoken person of Gujarati origin Patel was first given a three year term as Deputy Governor and got an extension this January.
- Raghuram Rajan wows audience at the Eisenhower Fellowship DayRaman Madhok, steering committee member of Eisenhower Fellows Global Network Council, said, "The Q&A that followed was par excellence.
- Deputy governor appointment may trigger finance ministry, RBI tussle; ignoring G Gopalakrishna irks North BlockRBI's decision to exclude G Gopalakrishna, the senior most RBI executive director, from the shortlist has not gone down well with the finan...
- RBI asks banks to set up committees to protect IT dataThe working group report said that since information security affects all aspects of an organisation, in order to consider information secu...
- Banks identify over 31,000 farmers for debt waiver schemeBanks operating in Jammu and Kashmir have identified 31,425 farmers for debt waiver (amounting to Rs 64.61 crore) and 2,445 beneficiaries f...
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