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RBI restricts the investment in Umbrella Organization (UO) by Primary (Urban) Co-operative Banks
The Reserve Bank of India (RBI) referred to its circular UBD.(PCB).BPD.Cir.No.46/16.20.000/ 2008-09 dated 30 January 2009, on Investments...
Mar 3, 20221 min read


IBBI jointly with SBI & IBA organises workshop on Committee of Creditors: An Institution of Public
Insolvency and Bankruptcy Board of India jointly with State bank of India and Indian banks' Association organizes One Day Workshop (in...
Mar 1, 20224 min read


RBI cancels the Certificate of Registration of P. C. Financial Services Private Limited, New Delhi
In exercise of the powers conferred under Section 45-IA (6) (iv) of the Reserve Bank of India Act, 1934, the Reserve Bank (RBI) has...
Feb 28, 20221 min read


IBBI extends the last date of submission application for the post of Assistant Manager on deputation
Insolvency and Bankruptcy Board of India Floor, Mayur Bhawan, Connaught Circus, Shankar Market, New Delhi, 110001 No....
Feb 25, 20221 min read


IBBI organises a virtual session on “CrossBorder Insolvency”
The Insolvency and Bankruptcy Board of India (IBBI), in association with the Foreign Commonwealth and Development Office, UK (FCDO) and...
Feb 25, 20222 min read


Implementation of ‘Core Financial Services Solution’ by Non-Banking Financial Companies (NBFCs)
The Reserve Bank of India (RBI) mandates the Non-Banking Financial Companies (NBFCs) through its Circular No. DOR.CRE.REC.No.60/03.10.001...
Feb 24, 20222 min read


RBI cautions public against Prepaid Payment Instruments (non-closed) issued by unauthorised entities
It has come to the notice of the Reserve Bank of India (RBI) that sRide Tech Private Limited, a company having its registered office at...
Feb 23, 20221 min read


Reserve Bank includes Sikkim State Co-operative Bank Ltd in the Second Schedule to the RBI Act, 1934
The ‘Sikkim State Co-operative Bank Ltd.’ has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide...
Feb 23, 20221 min read


RBI imposes monetary penalty on three co-operative banks
The Reserve Bank of India (RBI) has imposed monetary penalty on three co-operative banks of the country. The RBI has imposed, by an order...
Feb 23, 20222 min read


Sanjay Malhotra, Secretary, Department of Financial Services, nominated on RBI Central Board
The Central Government has nominated Shri Sanjay Malhotra, Secretary, Department of Financial Services, Ministry of Finance, Government...
Feb 18, 20221 min read
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