Posted inDaily News
RBI Cancels Certificate of Registration of Two NBFCs
The Reserve Bank of India (RBI) has exercised its authority under Section 45-IA(6) of the Reserve Bank of…
Posted inDaily News
RBI Slaps ₹61.40 Lakh Penalty on Private Sector Bank for KYC Violations
In a significant move to uphold regulatory compliance, the Reserve Bank of India (RBI) has imposed a monetary…
Posted inDaily News
Newsletter: RBI Takes Strong Action Against Non-Compliant Co-operative Banks
In its continued efforts to ensure strict adherence to regulatory norms, the Reserve Bank of India (RBI) has…
Posted inBlogging
In-Depth Financial Ratio Analysis: A Guide for Better Loan Decisions
Why Financial Ratios Matter in Evaluating Companies When banks or lenders evaluate a company’s eligibility for a loan,…
Posted inDaily News
RBI Imposes Monetary Penalties on Multiple Co-operative Banks for Non-Compliance
RBI Imposes Monetary Penalties on Multiple Co-operative Banks for Non-Compliance In a series of recent actions aimed at…
Posted inDaily News
Abhyudaya Bank: HC Validates RBI’s Stand; Current Team Gets Extension
Petitioners Had Challenged RBI Decision to Supersede Elected BoD of Abhyudaya Bank On Monday November 19, 2024, two…
Posted inBanking Terminology 101
Understanding Credit Scores and Their Impact in India
A credit score is a three-digit number that reflects an individual’s ability to manage and repay borrowed money.…
Posted inBanking Terminology 101
Digital Banking vs. Traditional Banking: Which One Fits You Best?
Banking has evolved significantly, giving us two distinct options—traditional banking and digital banking. While traditional banking has been…
Posted inBanking Terminology 101
KYC (Know Your Customer): A Comprehensive Guide for Bank Customers
KYC, or Know Your Customer, is a vital process in the banking and financial sector. It plays a…