Currency chests are specialized units maintained by commercial banks under the authorization of the Reserve Bank of India (RBI). Their primary function is to act […]
RBI
RBI’s New Project Finance Norms: Transforming Lending Practices for Banks and NBFCs
The Reserve Bank of India (RBI) has recently introduced revised norms for project financing, targeting both banks and non-banking financial companies (NBFCs). These changes reflect […]
The Dynamics of Foreign Exchange in Global Banking and the RBI’s Oversight
International banking plays a pivotal role in the global economic landscape, facilitating cross-border trade, investment, and financial flows. In India, this sector has become increasingly […]
Small Finance Banks Face New Challenges as RBI Lowers PSL Targets
The Reserve Bank of India (RBI) has recently announced a pivotal revision in the Priority Sector Lending (PSL) targets for Small Finance Banks (SFBs), which […]
RBI’s New Directive: Mandatory Leave Policy for Staff in Sensitive Positions
The banking sector in India is the backbone of the country’s financial ecosystem, and maintaining its integrity is paramount for ensuring both national and international […]
RBI Extends Payment Infrastructure Development Fund (PIDF) Scheme Until December 2025: What This Means for the Industry
The Reserve Bank of India (RBI) plays an essential role in the country’s financial ecosystem, aiming to create a robust and inclusive digital economy. As […]
RBI Empowers UCBs to Offer Convenient Doorstep Banking Services
The Reserve Bank of India (RBI) has recently introduced a groundbreaking policy designed to enhance accessibility, financial inclusion, and customer convenience. This policy empowers financially […]