Mumbai: The Reserve Bank on Thursday said it will rationalise existing regulations covering different money market products with a view to improve transparency and safety of money markets. A well-functioning money market is a crucial link…
Tagged By RBI
Banks Can Sell Insurance But Should Avoid Mis-Selling: RBI
Mumbai: Even as a RBI report on Tuesday favoured distribution of insurance products by banks, it warned of possibility of mis-selling, especially in the light of reported attractive performance-linked incentives for banks’ staff and management.…
RBI Eases Norms for Banks to Grant Loans to CEOs, Administrators
Mumbai: Reserve Financial institution these days comfortable norms for banks to Provide sure loans to their CEOs and Administrators via eliminating the earlier approval requirement. Segment 20 of Banking Law Act, 1949 (B.R. Act, 1949)…
RBI Releases Framework on bills structures
Reserve financial institution Thursday launched its framework for ‘payment and settlement structures in India’, to be able to moving toward “much less–cash” society and making sure get entry to of cellularbanking offerings to even primary…
RBI running on policies to curb Fraud in digital Transactions
The RBI is operating to put in vicinity a regulatory framework to cope with consumer grievance andliability issues arising out of frauds in electronic transactions, authorities stated Tuesday. “the problem is being similarly tested via…
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