RBI HaRBInger 2025 Global Hackathon promotes secure banking innovation powered by identity, integrity and inclusivity. Learn about its theme, rewards, and key takeaways for banking and civil services exams. RBI Launches Global Hackathon “HaRBInger 2025 – Innovation for Transformation” A push for secure, inclusive banking through technology The Reserve Bank of India (RBI) has announced…
RBI cancels NBFC licence of Datta Finance and Trading Pvt Ltd for violating outsourcing guidelines in digital lending. Learn about RBI regulations, consumer protection, and NBFC compliance issues. RBI Cancels NBFC Licence of Datta Finance and Trading Pvt Ltd Introduction: RBI’s Action Against Datta Finance and Trading Pvt Ltd On September 22, 2025, the Reserve…
RBI Executive Director 2025 news: Kesavan Ramachandran appointed to lead Prudential Regulation Division. Read about his career, responsibilities & key facts for competitive exams. Kesavan Ramachandran Appointed as RBI’s New Executive Director Introduction On July 1, 2025, the Reserve Bank of India (RBI) appointed Shri Kesavan Ramachandran as Executive Director (ED), marking a significant internal…
RBI call money market timings revised: From July 1, 2025, call money and repo markets get extended hours to enhance liquidity management and reduce SDF dependence. Know all changes for competitive exam prep. 🏦 RBI Extends Trading Hours for Call Money, Repo & Tri-party Repo Markets Extended Call Money Trading Hours The Reserve Bank of…
RBI Imposes Business Restrictions on Edelweiss Group Overview of RBI’s Action The Reserve Bank of India (RBI) has imposed significant business restrictions on Edelweiss Group’s lending and asset reconstruction entities. This move aims to address concerns related to loan manipulation and structured transactions that allegedly circumvented regulatory norms. Edelweiss Asset Reconstruction Company Ltd (EARCL) and…
RBI Announces SAARC Currency Swap Framework for 2024-27 The Reserve Bank of India (RBI) has unveiled a new currency swap framework aimed at bolstering financial stability among South Asian Association for Regional Cooperation (SAARC) nations from 2024 to 2027. This initiative marks a significant step towards enhancing regional economic cooperation and resilience against financial shocks….
RBI Eases LRS Norms for Investment via Gift IFSC The Reserve Bank of India (RBI) has recently announced a significant relaxation in the Liberalised Remittance Scheme (LRS) norms, specifically targeting investments through the Gift City International Financial Services Centre (IFSC). This move is aimed at boosting foreign investments into India through the Gujarat-based financial hub….
RBI Ups Financial Accommodation for States, UTs by 28% to ₹60,118 Crore The Reserve Bank of India (RBI) has announced a significant increase in financial accommodation for states and union territories (UTs), raising the limit by 28% to ₹60,118 crore. This move aims to provide crucial financial support amidst ongoing economic challenges. The enhanced liquidity…
RBI Cancels Purvanchal Cooperative Bank’s Licence Financial Insufficiency and Regulatory Action The Reserve Bank of India (RBI) has revoked the licence of Purvanchal Co-operative Bank, situated in Ghazipur, Uttar Pradesh. The decision stems from the bank’s failure to maintain sufficient capital and sustainable earnings. This financial inadequacy led the RBI to take regulatory action to…
RBI Launches PRAVAAH, Retail Direct Mobile App, and Fintech Repository Introduction to RBI’s Latest Initiatives The Reserve Bank of India (RBI) has recently launched three significant initiatives: PRAVAAH (Platform for Regulatory Application, Validation And Authorisation), the Retail Direct Mobile App, and a Fintech Repository. These initiatives aim to streamline regulatory processes, enhance accessibility for retail…
