rbi Archives - Global Banking Monitor

Enhanced Security: RBI Guides Banks to Roll Out Card-on-File Token Facility for Customers

The RBI has issued a circular to all banks for introducing the Card-on-File (CoF) token facility at the level of banks and other institutions...

RBI Urges Banks to Strengthen Cyber Security Amidst Surging Fraud Cases

The RBI on Thursday said that the banks should focus on fortifying cyber security and prevention of cyber frauds to safeguard their customers from...

RBI Shows Disapproval of Cryptocurrency, but Prepares to Launch CBDC; Finance Ministry Evaluates Alternatives

RBI Governor Shaktikanta Das has, in fact, sought an outright ban on it, while making his views clear on it at several platforms in...

RBI to Impose Penalties on Banks for Misplacing Borrowers’ Property Papers

This could soon become a possibility if the RBI accepts the recommendations of a high level committee, which it had formed in May last...

RBI Unveils Draft Guidelines to Bolster Security Controls for Digital Payments

The Reserve Bank of India (RBI) on Friday issued a draft master direction on cyber resilience and digital payment security controls for payment system...

India’s RBI anticipated to maintain current rates until year-end, with a potential rate cut forecasted in early 2024, according to a Reuters poll.

The Reserve Bank of India (RBI) will leave its key interest rate unchanged at 6.50% on June 8 and for the rest of 2023...

RBI Chief Raises Concerns Over Governance Lapses and Misreporting of Stressed Assets in Indian Banks

The Reserve Bank of India has come across instances of some banks trying to conceal the real status of their stressed assets while governance...

RBI Likely to Acquire $18 Billion Bonds for Cash Injection, According to ICICI’s Analysis

India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish banking liquidity that’s expected to tighten...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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