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RBI holds rates to assess policy impact, projects higher GDP

RBI holds rates to assess policy impact, projects higher GDP

by AIP Online Bureau | Oct 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

Sanjay Malhotra, governor, Reserve Bank of India The central bank raised its GDP growth forecast for the current year to 6.8% compared with its previous estimate of 6.5% It expects inflation in the current financial year to come in at 2.6%, lower than its previous...
New rules for authenticating payments beyond SMS OTP to kick-in from April 2026

New rules for authenticating payments beyond SMS OTP to kick-in from April 2026

by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“Based on the perceived risk associated with the transaction, additional checks beyond the minimum two-factor authentication may be resorted to. Issuers may also explore using DigiLocker as a platform for notification and confirmation for high-risk...
New rules for authenticating payments beyond SMS OTP to kick-in from April 2026

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...
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