Aadhaar link is a must for card transactions
The RBI has made it compulsory for banks to implement Aadhaar authentication for card transactions at merchant locations. The central […]
Tags: Banking in India, Finance, Payment s, RBI
RBI Launches New RTGS System
Raghuram Rajan, Governor, Reserve Bank of India recently launched the revamped real time gross settlement (RTGS) system to facilitate real-time […]
RBI Sets up Committee to Award New Bank Licenses
The Reserve Bank of India (RBI) has set up a three-member committee under former Governor Bimal Jalan to scrutinize applications […]
Enhancing Financial Inclusion in India
Anurag Jain Joint Secretary, Department of Financial Services Ministry of Finance, Government of India “Government has issued detailed strategy and […]
New RBI Chief Raghuram Rajan to Focus on Mobile Banking and Aadhaar for Credit
Raghuram Rajan took charge as the 23rd governor of the Reserve Bank of India (RBI), listing out many short-term measures […]
Innovate in Agricultural Loans, RBI Tells Foreign Banks
Higher priority sector targets for foreign banks should bring new skills in farm and SME lending which public sector banks could […]
RBI publishes report on cloud computing for small banks
The Reserve Bank of India has published on its website the report on “Cloud computing option for small size Urban Co-operative […]
RBI cuts down transaction fee for online payments via debit cards
The Reserve Bank of India has reduced transaction charges for payments made online through debit cards to a maximum of […]
Online platform for G-secs trading launched by RBI
The Reserve Bank has introduced Internet-based platform for trading in secondary market of government securities for gilt account holders. The […]
SEBI is warming up to social networking
Now it is the turn of the market watchdog SEBI (Securities and Exchange Board of India) to eye social networks […]
