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RBI forms committee for periodic review of regulations

RBI forms committee for periodic review of regulations

by AIP Online Bureau | Sep 17, 2025 | Banking & Bancassurance, Indian News, Regulation

The review body will be advised by a group of six industry experts, and will be chaired by State Bank of India’s managing director Rana Ashutosh Kumar Singh. N. S. Kannan, former managing director & Chief Executive Officer, ICICI Prudential Life Insurance is...
Uttarakhand HC seeks responses of RBI, telecom companies, communications ministry in ‘digital arrest’ fraud case

Uttarakhand HC seeks responses of RBI, telecom companies, communications ministry in ‘digital arrest’ fraud case

by AIP Online Bureau | Sep 5, 2025 | Indian News, Risk Management

The bench directed that the Standard Operating Procedure (SOP) or prescribed measures to curb cybercrime be circulated to every police station Nainital: The Uttarakhand High Court Thursday directed the Reserve Bank of India, telecom companies, the Union communications...
Public must use “look, touch, and feel” method to verify notes: RBI

Public must use “look, touch, and feel” method to verify notes: RBI

by AIP Online Bureau | Aug 31, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management

M Rajeshwar Rao,Deputy Governor , RBI According to an official statement here, Rao said that while counterfeit currency circulation is minimal, the public must continue to use the “look, touch, and feel” method to verify notes. Chandigarh: Reserve Bank of...
India to become world’s third largest economy soon, says RBI Guv; hails PM Jan Dhan Yojana

India to become world’s third largest economy soon, says RBI Guv; hails PM Jan Dhan Yojana

by AIP Online Bureau | Aug 31, 2025 | Banking & Bancassurance, Pension & Social Security, Policy

Sanjay Malhotra, Governor, Reserve Bank of India The RBI governor said 55 crore accounts have been opened under the scheme to ensure participation of people from all sections in the country’s growth journey, providing them with savings, pension, insurance,...
RBI forms committee for periodic review of regulations

RBI panel recommends AI framework for finance sector

by AIP Online Bureau | Aug 13, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“The report envisions a financial ecosystem where encouraging innovation is in harmony, and not at odds, with mitigation of risk,” the RBI said in a statement MUMBAI: An RBI panel has recommended that banks and other financial institutions formulate a...
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