The Reserve Bank of India (RBI) on Wednesday announced that it has lifted supervisory restrictions imposed on Kotak Mahindra Bank, thereby allowing the Bank to resume onboarding new customers ...

and the online and digital banking channels. In response to the curbs, Kotak Mahindra pledged to adopt new technologies to strengthen its IT systems and enhance cooperation with the RBI.

The RBI has introduced an exclusive 'bank.in' internet domain to enhance cybersecurity and curb banking frauds. Additionally, the Institute for Development and Research in Banking Technology ...

“The bank has been fined for its failure to comply with the provisions of Section 9 and Section 26A of the Banking Regulation Act, 1949,” RBI said in a statement on Friday. The action was ...

As per RBI data, the banking system’s liquidity deficit stood at Rs 1.96 lakh crore on Tuesday. “Liquidity continued to remain in the deficit zone, but the tightness eased, driven by CRR ...

The RBI has announced the launch of exclusive internet domains, 'bank.in' for Indian banks and 'fin.in' for non-bank financial entities, to address cybersecurity. New domains will enhance security ...

The banking system has been facing a severe liquidity deficit since December. Total money created by the RBI—or base money—grew by 3.5% (year-on-year) in the week ending 24 January ...

The Reserve Bank of India (RBI) has removed business restrictions ... prevented KMB from acquiring new customers via online and mobile banking platforms and issuing fresh credit cards.

The RBI may not quite get out of the way as the Economic Survey recommended, but it has promised to think harder. The RBI’s monetary policy seems to mark a significant change in direction ...

This measure will help individuals steer clear of scam calls where fraudsters pretend to be banking representatives. Moreover, the RBI has also designated a phone number series starting with 140 ...

“Such changes and frontloading next round of moves are smart and pragmatic by the RBI…A delicate mix of temporary and permanent ... liquidity has been shrinking in the banking system and alarmingly ...