Currently, banks have varying processes for title verification. The new guidelines will promote uniformity in due diligence, ...
The central bank said it had undertaken a "comprehensive review" of the scheme and issued revised guidelines after examining public feedback received on the draft framework released earlier this year ...
The Reserve Bank of India (RBI) plans to introduce new regulations for banks and financial institutions that use artificial intelligence (AI). According to the latest draft guidelines, the RBI ...
RBI proposes new AI rules for banks, including human oversight, model validation, risk controls and AI kill switches to ...
The RBI has introduced a comprehensive framework for payment system operators, featuring perpetual authorisation and stricter compliance norms.
The Reserve Bank of India has stressed on the need to prevent mis-selling of financial products by banks and Non-Banking Financial Companies (NBFCs) and issued new guidelines.
Under new guidelines, RBI will use an asset-size criterion of Rs 1 lakh crore and above to identify NBFCs that may be considered for inclusion in the upper-layer category.
The RBI has released final guidelines for TReDS platforms, simplifying MSME onboarding and enabling financiers to access ...
2000 Rupee Note: After demonetization in 2016, the government introduced a new 2000 rupee note, which was discontinued ...
He also said that the RBI has encouraged banks to explore the possibility of establishing new alliances with FinTech firms as ...
Starting January 1, 2027, RBI's new guidelines will protect consumers from small-value digital fraud, allowing compensation ...
In a step aimed at promoting financial literacy and investing at a young age, the Reserve Bank of India (RBI) has permitted ...