RBI
Covid-19: Bank of Ireland suspends contactless transaction fee
Bank of Ireland has revoked all fees on contactless transactions due to the deadly coronavirus (Covid-19) outbreak. Effectively immediately, the…
RBI fines 19 lenders for breaching SWIFT use guidelines
A total of 19 Indian lenders, including SBI and ICICI Bank, have been penalised by the Reserve Bank of India…
Paytm Payments Bank receives RBI nod to resume account opening
Paytm Payments Bank has secured the green light from the Reserve Bank of India to enrol new customers after a…
RBI restricts Bandhan Bank from opening new branches
The Reserve Bank of India (RBI) has barred Bandhan Bank from launching new branches. Moreover, this is a result of…
Bank of China receives nod to open branch in India
Bank of China has secured in-principle approval from the Reserve Bank of India (RBI), the central bank of the country,…
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India’s central bank directs to remove old software from all ATMs by 2019
The Reserve Bank of India (RBI), the central bank of the country, has issued an order to upgrade the software…
RBI bans Allahabad Bank from lending and accepting deposits
The Reserve Bank of India (RBI) has restricted state-run lender Allahabad Bank from lending to risky assets and raising high-cost…
Yes Bank secures approval to open representative offices in London and Singapore
Indian private sector lender Yes Bank has received go-ahead from the Reserve Bank of India to open two representative offices…
India’s RBI bans banks from dealing with crypto currencies
Reserve Bank of India (RBI), the central banking institution of the country, has banned banks and other financial institutions from…
Indian central bank penalises ICICI Bank for violating guidelines
India’s central bank, Reserve Bank of India (RBI) has imposed a penalty of INR589m ($9.06m) on ICICI Bank for violating…