Reserve Bank of India

India’s central bank introduces new scheme to address banking complaints

Reserve Bank of India, the country’s central banking institution, has revised an earlier directive that requires all commercial banks to…

DBS Bank to launch Indian arm in October

Singapore-based DBS Bank is set to launch its wholly-owned subsidiary in India in October this year, to become the second…

India’s central bank restricts Dena Bank from lending and hiring

The Reserve Bank of India (RBI), the central bank of the country, has restricted state-run lender Dena Bank from issuing…

Indian central bank seeks true data from banks for SLBC websites

India’s central bank Reserve Bank of India (RBI) has asked the banks to provide true data as reflected in their…

Jio Payments Bank commences operations in India

Reliance Industries’ Jio Payments Bank has started operating in India as a payments bank, Reserve Bank of India (RBI) said…

India’s RBI orders banks to link SWIFT with core banking solution

India’s central bank Reserve Bank of India (RBI) has directed all lenders to integrate Society for Worldwide Interbank Financial Telecommunication…

Reserve Bank of India brings P2P lenders under its remit

The Reserve Bank of India (RBI) has said that it will regulate peer-to-peer (P2P) lending platforms as non-banking finance companies…