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Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI to create specialised supervisory and regulatory cadre

A decision to this effect was taken at a meeting of the Central Board here under the Chairmanship of RBI Governor...

21 May 2019 7:33 PM IST

State banks reported 5,743 cases of fraud in the period, most of which had taken place over the last several years.

Urban cooperative banks report nearly 1,000 frauds worth over Rs 220...

The central bank said a total of 181 fraud cases involving Rs 127.7 crore were noticed during 2018-19.

27 Jan 2020 1:10 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

RBI panel suggests 4-tier structure for urban co-op banks

The committee has also suggested setting up an umbrella organisation with a minimum capital of Rs 300 crore to oversee...

24 Aug 2021 9:17 AM IST