RBI Appoints Arnab Chowdhury and Charulatha Kar as Executive Directors
On July 1, the Reserve Bank of India (RBI), India's banking regulator, appointed Arnab Kumar Chowdhury and Charulatha S. Kar as Executive Directors with effect from June 3 and July 1, respectively.
Banks Nationwide on High Alert as RBI Warns of Imminent Cyberattacks
Banks nationwide have been placed on high alert following warnings from regulators about potential cyberattacks.
Arun Kumar Singh Appointed Additional Director on the Board of Bandhan Bank by RBI
The Bandhan Bank Limited announced that the Reserve Bank of India (RBI), the Banking Regulator, has appointed Arun Kumar Singh as Additional Director for a period of one year with effect from June 24, 2024, to June 23, 2025, or until further orders, whichever comes first. With almost 36 years of ex
NBFCs should prioritise compliance, risk, and liquidity :RBI
Non-banking finance companies (NBFCs) should prioritise compliance, risk management, liquidity management, and customer protection, according to R. Lakshmi Kanth Rao, Executive Director of the Reserve Bank of India (RBI).
IIFL Finance names a corrective action team following the RBI audit
The Reserve Bank of India (RBI) was alerted to major anomalies in IIFL Finance's gold loan portfolio.
RBI denies Raj Kumar Bansal a reappointment as MD & CEO at Edelweiss ARC
The Reserve Bank of India has denied Edelweiss Asset Reconstruction Company's (Edelweiss ARC) request to reappoint Raj Kumar Bansal as its Managing Director and Chief Executive Officer (CEO), on Tuesday, the firm has informed stock exchanges.
RBI penalties have increased by 88% in three years; KYC and AML top the list
Over the past three years, penalties imposed by the Reserve Bank of India (RBI) on financial institutions have surged by 88%, with Know Your Customer (KYC) and Anti-Money Laundering (AML) violations being the most common.
Chief Digital Officer Deepa Ranjeet assumes the role of CIO of MMFSL to comply with RBI Direction
Deepa Ranjeet, Chief Digital Officer, Financial Services Sector, Senior Management Personnel (SMP) and Head of IT Function of Mahindra & Mahindra Financial Services Limited is directly taking over the responsibilities of CIO with effect from June 5 2024.
RBI released Final guidelines for fintech SRO
The final guidelines for establishing a self-regulatory organisation (SRO) for the fintech industry were announced by the Reserve Bank of India on Thursday.
RBI Appoints Pradeep Kumar Sinha as ICICI Bank’s Part-Time Chairman
The Reserve Bank of India (RBI) has approved the appointment of Pradeep Kumar Sinha to assume the role of part-time Chairman at ICICI Bank for a period of three years with effect from July 1, 2024.