The official holiday calendar for banks is published by the Reserve Bank of India (RBI) every year. These holidays include ...

Climate mandates for central banks have been opposed by Raghuram Rajan and others, but the risks posed by this crisis demand ...

Under the proposed amendments, entities seeking to validate mobile numbers will be required to pay Rs 3 per validation request. The system will operate through a new Mobile Number Validator (MNV) ...

There’s plenty of talk about how India’s 600-million-strong workforce gives it a unique edge in the US-China spat over trade ...

The Reserve Bank of India (RBI) yesterday released a fresh set of draft regulations aimed at updating the rules for Rupee ...

The Reserve Bank of India plans to tighten regulations on international money transfers by Indian residents, targeting foreign currency deposits with lock-in periods. These modifications aim to ...

The share of foreign banks in outstanding bank credit in India is less than 4%, central bank data shows. Banking remains one of the most guarded sectors of the Indian economy. While foreigners ...

India's central bank on Wednesday laid down a framework to standardise the process of making and amending rules, including conducting impact analyses of regulations and public consultations.

India's Reserve Bank of India also acted late, issuing guidelines and even a bank ban in 2018 on banking with crypto exchanges. ... Making the Case for Balanced Regulation Rather Than Blanket Bans.

The government has notified the Banking Laws (Amendment) Act 2024, which allows bank account holders to have up to four nominees in a bank account, among other provisions.

India’s banking sector grapples with a multifaceted challenge concerning the establishment and operations of foreign banks. In a pivotal reform introduced by the RBI in 2013, foreign banks were ...

The Changing Landscape of Crypto Regulations in India. ... CBI Busts Nationwide Mule Account Network, 8.5 Lakh Fake Bank Accounts Linked To Cyber Fraud Entertainment News.