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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

‼️ A $486-Billion Global Scam ? In 2023, financial fraud reached $485.6 billion, nearly matching Singapore’s GDP. Payments fraud, driven by tactics like banking trojans, makes up 80% of these losses. Credit card fraud adds another $28.6 billion.

📢 **RBI MPC Delivers "Hat-trick" Rate Cut; Shifts Stance to 'Neutral'** The Reserve Bank of India (RBI) today announced its bi-monthly monetary policy outcome, with significant decisions impacting the Indian economy. **Key Announcements & Insights

"RBI Lifts 7-Month Ban on JM Financial Services, Allowing Financing Against Shares and Debentures" Following the RBI's decision to lift restrictions after seven months, JM Financial Services can now resume offering financing against shares and deben

The RBI released a framework for self-regulatory organizations (SROs) in the fintech sector to balance innovation with regulatory compliance. Key points: •SROs must represent the fintech sector, including RBI-regulated entities, facilitating self-g

RBI has banned four NBFCs from issuing loans, including DMI Finance, Navi Finserv, Asirvad Finance, and Arohan Financial. The ban will take effect from October 21, 2024.

In recent years, frauds between Indian startups and investors have led to losses of about ₹4,000 crore. These incidents often involve startups misrepresenting financials, hiding liabilities, or exaggerating growth to secure funding. As more startups

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

Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨 In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa

The Reserve Bank of India (RBI) has mandated that all Indian banks must transition their existing websites to the new ‘.bank.in’ domain by October 31, 2025. This move is aimed at enhancing the security and trustworthiness of digital banking platforms