Back

Any expectations from the RBI in today's news??

Brief History of RBI The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934. Initially, the RBI took over the functions of the Controller of

How does RBI earn money ? & why the RBI is more of a banker than a regulator. Last year, the RBI transferred over ₹87,000 Crore to the government, and it's expected to surpass ₹1,00,000 Crore in FY 2025. But how does the RBI generate this enormous

Hello Medial Community Is it mandatory for a fintech who is also engaged in lending activities to get the NBFC licence from RBI?

After IIFL, RBI bars JM Financial from doing any new financing

Story of RBI: RBI: “Let’s call all the big players, discuss how we can pick up user adoption“ *It actually happens* RBI: “time to ban their license“

Opened a start-up current account with Yes Bank. Out of service area so the RM has to get permission from head office. Yesterday RM called saying RBI has frozen the account because allegedly they called me to verify and I said "we never applied for

Announcing the judge for Medial's Startup Showcase for October 2024- Manik Gruver from Shastra VC! He'll be selecting top 3 startups from the top 25 upvoted startups. Results will be out tomorrow!

RBI Issues New Draft Guidelines for Digital Lending Platform.

What restrictions has RBI imposed? on new india coopetative bank The RBI has prohibited the bank from: Granting or renewing loans and advances Making fresh investments Borrowing funds or accepting new deposits Disbursing payments except for essent