RBI lifts restrictions from Kotak Mahindra Bank, now you can get new credit cards and open account digitally
The Reserve Bank on February 12, 2025 decided to lift the aforementioned restrictions placed on Kotak Mahindra Bank Limited.
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RBI proposes extra authentication for first-time online card use
Card issuers are mandated to validate the additional factor authentication. The Reserve Bank of India (RBI) is proposing ...
Indian Central Bank to Infuse Record Overnight Funds Post Heavy FX Intervention
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...
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RBI Tests ‘On Tap’ Digital Payment App Using DLT and Biometric Authentication
The Reserve Bank of India (RBI) is conducting tests of an ‘On Tap’ retail payment application within its Regulatory Sandbox (RS), marking a significant development in India’s digital payment ...
India's central bank doubles bond purchase to manage liquidity deficit
India's central bank on Monday said it will double the quantum of security purchases under its next tranche of open market operation on February 13 to manage the liquidity deficit in the country's ...
India Cuts Interest Rates For First Time Since 2020
The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor ...
RBI to introduce exclusive internet domains for banks and non-banks
The Reserve Bank of India (RBI) is introducing exclusive internet domains for financial sector participants, including ...
RBI strengthens measures to combat digital frauds
RBI introduces 'bank.in' domain to combat digital frauds, enhance security in digital banking, and introduce AFA for ...
RBI introduces additional authentication feature for international transactions: Report
This will bring international digital transactions made using Indian-issued cards under the same security standards of domestic transactions ...
India's central bank cuts repo rate for first time in nearly 5 years
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points, ...
India's Central Bank Delivers First Rate Cut in Nearly 5 Years
MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to ...
Opinion
Sayonara central bank independence?
An idea that took root globally after inflation shocks of 1970s is facing its stiffest challenge yet. Post-2008 crisis, central banks moved away from a narrow remit of targeting just inflation. Now, ...