RBI
RBI to create specialised supervisory department
22 May 2019
The merger of its supervisory departments to form a specialised cadre is aimed at strengthening the supervision and regulation of commercial banks, urban cooperative banks and non-banking financial companies
RBI envisions `safe, secure and affordable’ e-payment system
17 May 2019
The National Payments Corporation of India (NPCI), the RBI designated e-payments implementation body, however, sees a slowdown in the adoption of its RuPay cards despite onboarding more than 1,100 banks in the Universal Payment Interface backed system
RBI extends ombudsman scheme to NBFCs
26 Apr 2019
LVB-Indiabulls Housing Fin merger has no RBI sanction
08 Apr 2019
The All India Bank Employees' Association (AIBEA) has, meanwhile, urged RBI governor Shakthikanta Das to not allow the proposed merger of Lakshmi Vilas Bank with Indiabulls Housing Finance Ltd and instead merge LVB with one of the public sector banks
RBI cuts policy repo rate by a further 25 bps to 6%
04 Apr 2019
RBI said the decision is in consonance with the objective of achieving the medium-term target for consumer price index inflation of 4 per cent within a band of (+/-) 2 per cent, while supporting growth
