Arclantic
Home

Tags

Rbi

Tag:

Rbi

RBI Approves Hike in ATM Interchange Fees
RBI Approves Hike in ATM Interchange Fees

The Reserve Bank of India (RBI) has approved ‘Hike’ in the ATM interchange Fees. The hike is part of an RBI-approved revision based on a proposal by the National Payments Corporation of India (NPCI). The new charges will take effect from May 1. RBI has approved an increase in ATM interchange fees. According to reports, […]

Business

26-03-2025

Sanjay Malhotra Appointed as the New Governor of RBI
Sanjay Malhotra Appointed as the New Governor of RBI

New RBI Governor, Sanjay Malhotra is an Indian Administrative Service (IAS) officer from the 1990 batch of the Rajasthan cadre. He holds a degree in Computer Science Engineering from the Indian Institute of Technology (IIT), Kanpur, and a Master’s in Public Policy from Princeton University, USA. With over 33 years of distinguished service, Mr. Malhotra […]

Finance

10-12-2024

RBI Cautions Small Finance Banks on Governance
RBI Cautions Small Finance Banks on Governance

Recently Swaminathan J, RBI Deputy Governor has cautioned the Small Finance banks (SFBs) regarding various crucial matters related to Governance, Financial Inclusion, Risk Management, Cyber Security, etc. Speaking at the conference of Directors of SFBs recently, he urged the country’s small finance banks to enhance governance for growth with sustainable development leadership practices. “It is […]

Finance

03-10-2024

Cheques to be Cleared within Few hours of Submission: New Guidelines from RBI 
Cheques to be Cleared within Few hours of Submission: New Guidelines from RBI 

The Governor of the Reserve Bank of India (RBI), Shaktimanta Das has announced that cheques will now be cleared within a matter of few hours on the same day. He made the announcement during the Monetary Policy Committee (MPC) .  Cheques are currently cleared within two working days. The new amendments in the RBI (Reserve […]

India

11-08-2024

Newsletter

Stay up to date with all the latest News that affects you in politics, finance and more.