RBI cancels licence of Durga Cooperative Urban Bank in Vijayawada amid financial crisis
The Reserve Bank of India has revoked the licence of Durga Cooperative Urban Bank, leaving depositors in turmoil over lost ...
These 3 Banks Now Recognised As The Safest In India By RBI – Details Inside
The Reserve Bank of India (RBI) has named State Bank of India (SBI), HDFC Bank, and ICICI Bank as the country’s most crucial ...
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RBI Set to Make a Big Decision on Your EMI: What You Need to Know!
Amid the festive season, there seems to be no relief on the horizon for your EMIs. Recently, the US Federal Reserve reduced ...
Press Trust of India on MSN22m
Municipal corporations to boost revenue through property tax reforms and efficient collection mechanisms: RBI report
Municipal corporations need to enhance their sources of revenue through reforms in property tax, rationalisation of user charges, and better collection mechanisms, an RBI report has suggested. The ...
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RBI’s Inflation Target Remains Credible As Expanding Supply Eases Pressure: S&P
Vishrut Rana, Senior Economist for Asia Pacific at S&P, noted that the Reserve Bank of India’s (RBI) monetary policy and ...
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RBI calls for local revenue reforms to cut municipal dependence of central grants
The Reserve Bank of India’s (RBI) recent report on municipal finance underscores a 24.9% increase in central government ...
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KYC Simplified: RBI’s Latest Changes Explained in 6 Key Points
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
Own revenue sources of majority of the Municipal Corporations not adequate for meeting RevEx: RBI report
RBI report highlights need for Municipal Corporations to boost revenue sources through tax reforms and technology for ...
RBI’s Das Says Stance Shift Doesn’t Mean Immediate Rate Cut
India’s central bank governor said an easing in the monetary policy stance doesn’t mean interest rates will be cut at the ...
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India at the Forefront of Digital Revolution: RBI’s Patra
Mumbai: India is at the forefront of the digital revolution and financial technology is speeding up digital payments, the Reserve Bank of India (RBI) Deputy Governor Michael Debabrata Patra said on ...
RBI: Customers can submit online self-declaration for Re-KYC if no changes
Banks are advised to enable self-declaration for customers via non-face-to-face channels like registered email, mobile, ATMs, ...