RBI Approves Merger of Ashok Leyland’s Subsidiary, Hinduja Leyland Finance, with NDL Ventures
RBI approves to a merger between Hinduja Leyland Finance (HLF) and another company in the same group, called NDL Ventures. Both HLF and NDL...
Old Rs. 500 and Rs. 1000 Notes will be Invalid from 9th November 2016
Prime Minister Mr Narendra Modi announced today that existing denomination of Rupees 500 and 1000 will invalid from midnight of 8 November, 2016 (Tuesday)....
Security Features of new 2000 Rupee Banknotes
The new 2000 Rupee Bank notes circulated from the 10th of November. The Reserve Bank of India (RBI) revealed the new denomination on the...
RBI directs banks on Cardless cash withdrawals at all ATMs
The Reserve Bank of India (RBI) has ordered all the banks to provide an Interoperable Cardless Cash Withdrawal (ICCW) system in their ATMs.
In accordance...
RBI Reschedules Money Market Holiday as Eid Holiday Shifted to September 8 in Mumbai
The Government of Maharashtra has officially rescheduled the public holiday for Eid‑e‑Milad in Mumbai city and its suburbs, moving it from Friday, September 5, 2025 to...
Advantages of Emerging Payments Banks in India
In past few days, internet news agencies and newspapers have been conveying many stories about payment banks. As it is a newly popularized concept for...
RBI Consolidates 9,445 Circulars into 244 Master Directions: A Historic Regulatory Clean-Up
In one of the largest regulatory simplification exercises in its history, the Reserve Bank of India (RBI) has completed a massive consolidation of its...
Credit Scores Will Now Update Every 7 Days – RBI
Reserve Bank of India has proposed a major change under which credit scores will be refreshed roughly every 7 days instead of the current...
RBI relaxes lending rules for small borrowers and non-bank lenders
The Reserve Bank of India (RBI) has partially reversed its stricter rules on bank loans and has made it easier for small borrowers and...
Decoding RBI monetary policy to be announced on 07 December 2016
Three days after demonetization on 08 November 2016, RBI had come with a measure to suck out liquidity from banks. There had been a...
