Advertisement
Thursday, May 26, 2022
Outlook.com
Outlook.com

RBI

Ombudsmen See More Complaints Against NBFCs

Jan 14, 2022 Outlook Money Team

Customer complaints against NBFCs are on the rise but banking-related complaints form 90 per cent of total; disposal rate also up, shows RBI data.

India's Bond Yields Highest In Last Two Years; Underwriters Bought Majority Bonds

Jan 10, 2022 Outlook Money Team

Indian bond yields saw a rise of five basis points to 6.59 per cent; the highest yield recorded in two years. Underwriters bought nearly Rs44 billion of the Rs60 billion-2026 debt for sale on Friday.


Bank Lockers Get Safer, Thanks To RBI

If there is loss of locker due to bank’s negligence, the bank will pay the holder. This, along with central repository of available lockers, works in customers’ favour.

Airtel Payments Bank Gets Scheduled Bank Status From RBI

Jan 04, 2022 Outlook Business Team

RBI has recently approved Airtel Payment Bank to operate as a scheduled bank. It offers end to end digital banking solution.


RBI Cancels Certificate Of Authorisation Of Muthoot Vehicle Finance, Eko India

RBI has cancelled the Certificate of Authorisation (CoA) of Muthoot Vehicle and Asset Finance Limited and Eko India Financial Services Private Limited. They can’t transact the business of issuance and operation of prepaid payment instruments.

Advertisement
04 January, 2022

Ajay Kumar Choudhary, Deepak Kumar Appointed As New Executive Directors Of RBI

Press Trust of India

As executive director, Kumar will look after the Foreign Exchange Department, Department of Communication and Deposit Insurance and Credit Guarantee Corporation. Choudhary will look after the Fintech Department, Risk Monitoring Department and Inspection Department.


04 January, 2022

SBI To Increase Service Charges On IMPS Transactions In Branches

Outlook Money Team

SBI has increased the IMPS transaction limit to Rs. 5 lacs. There will be no service charges for IMPS done online, but customers have to pay Rs 20 and GST on IMPS transactions slab of Rs 2 lakh to Rs 5 lakh for transactions at the bank.


30 December, 2021

SBI Card, Paytm Join Hands For Card Tokenisation To Protect Cardholders' Data

PTI

SBI Card has collaborated with Paytm to enable cardholders to tokenise their cards on devices and make payments through Paytm, SBI Card said in a regulatory filing on Thursday.


30 December, 2021

RBL Bank Gets RBI Nod To Appoint Rajeev Ahuja As Interim MD, CEO

PTI

RBL Bank, on Saturday, sent the then Managing Director and Chief Executive Officer Vishwavir Ahuja on leave and elevated Rajeev as the interim MD and CEO.


30 December, 2021

From January 1, These Four Bank-Related Changes May Impact You

Outlook Money Team

If you make more than five free ATM withdrawals, you will have to pay a higher charge from January 1. Also, your bank account may be frozen if you don’t complete your KYC


30 December, 2021

Private Cryptocurrencies Pose Immediate Risks To Customer Protection: RBI

PTI

Private cryptocurrencies pose immediate risks to customer protection and are prone to frauds and extreme price volatility, given their highly speculative nature, said the Reserve Bank of India (RBI)


Advertisement

29 December, 2021

RBI Flags Omicron Threat To Growth, Says Banks Strong Enough To Face Challenges

PTI

RBI Governor Shaktikanta Das notes that after the destructive second wave in April-May 2021, the growth outlook has progressively improved, though there are headwinds from global developments.


28 December, 2021

Banking Fraud Cases Involving Rs 36,342 Crore Reported During H1 FY2022: RBI

PTI

In H1 2021-22, banks saw 1,802 reported cases of frauds amounting to Rs 35,060 crore which were related to advances. There were 1,532 reported cases of fraud linked to card/internet.


27 December, 2021

RBI Says RBL Bank’s Financial Health Stable, Dismisses Speculative Reports

Aditya Rangroo

As per half yearly audited results as on Sept 2021, RBL Bank has maintained a comfortable Capital Adequacy Ratio of 16.33 per cent and Provision Coverage Ratio of 76.6 per cent, RBI said.


24 December, 2021

India's monetary policy financially inclusive by design: RBI DG Patra

Outlook Business Team

RBI's Deputy Governor Michael D Patra said new monetary policy will result in policy effectiveness and welfare maximisation going ahead.


23 December, 2021

Reserve Bank Of India Slaps Monetary Fine On Mobikwik Systems, Spice Money

Outlook Business Team

The penalties have been imposed in exercise of powers vested in the Reserve Bank under the provisions of Section 30 of the PSS Act, the central bank said in a statement.


20 December, 2021

Aishwarya Rai Panama Papers Case: Here's What The ED Asked The Actress

Outlook Web Bureau

Bollywood actress Aishwarya Rai Bachchan appeared before the Enforcement Directorate on Monday in connection with the Panama Papers leak case.


Advertisement

18 December, 2021

RBI Favours Complete Ban On Crypto; It Is A Serious Concern To RBI, Says Governor

Outlook Money Team

RBI in 592nd central board meet conveyed its intentions on cryptocurrencies, and clarified that it wants a complete ban on it.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
Advertisement
Advertisement

Outlook Latest Issue

Subscribe Now
Short Story

‘Laab’ In The Mountains

He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.

Graphic Novel

Play Us A Memory, Violin Man

They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.

Chinki Sinha
Play Us A Memory, Violin Man

Fact-Check

It’s Just Numbers, Love

Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.

Rukmini S.
It’s Just Numbers, Love

Opinion

The Future of Universities: Can India Overcome The Digital Divide?

The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.

Jan 15, 2022 Saikat Majumdar

Super Immunity, Natural Vaccines, Covid Gods: A Desi Guide To Denying The Pandemic

Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.

Jan 08, 2022 Rakhi Bose

What Is The Future Of The Liberal Arts In Asia?

Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.

Jan 01, 2022 Saikat Majumdar

Nagaland To Lakhimpur Kheri: Rights, Regimes And Restitutions in Times Of Turbulence

The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.

Dec 28, 2021 Tanvir Aeijaz