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RBI imposes monetary penalty on 2 co-operative banks for rule violations
CNBC Awaaz· 17 hours agoThe central bank imposed Rs 5 lakh penalty on The Sutex Co-operative Bank, and Rs 2 lakh penalty on...
RBI warns NBFCs a mode they use for giving loans may bring grief - ET BFSI
The Economic Times· 22 hours agoOverreliance on historical data or algorithms may lead to oversights or inaccuracies in credit...
RBI Deputy Governor Warns Against Poor Governance In Urban Cooperative Lenders
NDTV Profit· 18 hours agoThe central bank would maintain "its zero-tolerance policy towards poor governance practices" in...
SEBI recommends regulators to oversee crypto trade, RBI still sees ‘macro risk’
Livemint· 21 hours agoThe position of the Securities and Exchange Board of India (SEBI) contrasts with that of the Reserve...
RBI warns NBFCs against over-reliance on algorithm-based credit models
India Today· 21 hours agoThe Reserve Bank of India (RBI) has advised non-bank finance companies (NBFCs) to exercise caution...
Unsecured loans, capital market funding can bring grief for NBFCs: RBI DG
Business Standard India· 15 hours agoIn an address to heads of assurance functions of non-bank finance companies at an RBI-organised...
RBI cautions NBFCs against growing reliance on algo credit models
CNBC Awaaz· 23 hours agoSuch rule-based models can lead to inaccuracies in credit assessment, Deputy Governor Swaminathan J...
Crypto Or Not? SEBI Moots Supervision Of Digital Currencies, While RBI Calls It A 'Macro Risk'
Free Press Journal· 3 hours agoCryptocurrencies are a complicated paradigm, and regulation in the field has been the subject of hot...
Zomato Surrenders Two Licenses to RBI and More Fintech News
Gadgets 360· 17 hours agoThe fintech arm of Zomato, called the Zomato Payment Private Limited (ZPPL), has surrendered two...
RBI buys back govt securities worth Rs 2,069.99 crore
CNBC Awaaz· 20 hours agoThe buyback was sharply lower than the notified amount of Rs 60,000 crore