High Employee Attrition of 25% in Private Banks Pose Operational Risk: RBI Report
Employee attrition rates are high across select private sector banks and small finance banks (SFBs), the report, which was ...
RBI Opens New Doors: PPI Users Can Now Make UPI Payments Through Third-Party Apps
A revolutionary policy shift has been announced by the Reserve Bank of India (RBI), marking a major step toward improving the ...
National Herald1d
RBI’s $44.5 bn tactic to stem rupee’s fall amid geopolitical, economic challenges
The RBI deployed a significant $44.5 billion in forward and spot currency markets in October, as revealed in its latest ...
Employee attrition in private banks increased by 25%: RBI Report
Employee attrition in private sector banks has witnessed an increase to about 25 per cent, RBI said in a report. It ...
Your Story1d
A year of reckoning for Indian fintech startups as RBI tightens the rules
The Reserve Bank of India spearheaded significant regulatory actions in 2024, addressing fraud, compliance lapses, and ...
ABP Live on MSN12h
RBI Grants UPI Access To Prepaid Payment Instruments, Enabling Seamless Transactions Through Third-Party Apps | Paisa Live
RBI has granted third-party applications access to Prepaid Payment Instruments (PPIs) via UPI, allowing PPI holders to make and receive UPI payments through mobile apps. Previously, UPI payments could ...
The Hindu3h
RBI imposes ₹5.5 lakh penalty on four cooperative banks in Karnataka
The Reserve Bank of India (RBI) has imposed a penalty of ₹5.5 lakh on four cooperative banks in Karnataka for not complying with its directions. The highest penalty of ₹3 lakh has been imposed on ...
PPI interoperability: How RBI’s new UPI rule set to ease digital payments? An explainer
With the RBI’s latest move, users of prepaid payment instruments (PPIs) will now be allowed to use third party apps as well ...
RBI Announces ‘FREE-AI’ Committee To Ensure Ethical AI In Finance
The Reserve Bank of India (RBI) has announced the creation of an eight-member committee to develop a framework for the ...
The Indianapolis Star13d
Season for Sharing: Indy RBI seeks to level the baseball diamond
In a fast-moving world full of tablets and video games, Indy RBI seeks to preserve a time-honored love of sport among Indianapolis' youth. The organization hosts hundreds of baseball and softball ...
'Why should RBI own dollars...': Capitalmind's Deepak Shenoy challenges central bank's curbs on mutual funds
Shenoy argued that these restrictions limit India's financial ecosystem, suggesting that Indian investors and institutions ...