Complaints to Banking Ombudsman set to increase as RBI amends the scheme
The RBI has amended the Banking Ombudsman scheme to include additional issues as grounds for…
Browsing: RBI
MDR for Debit Card Transactions will now be based on Merchant Turnover
The Reserve Bank of India (RBI) is inviting comments on a draft circular issued to…
RBI resorts to jugglery of words to avoid sharing ‘Meeting Minutes’
In a fresh case, the Reserve Bank of India (RBI) resorted to jugglery of words…
RBI’s response to RTI applications prove that it’s trying to evade any question on Demonetization
In yet another shocking response to an application under RTI, RBI refused to provide information…
RBI’s latest Shocker, says doesn’t have information on Cash supplied to Banks after Demonetization
The RBI in response to an application under RTI refused to disclose details of the…
If you are a ‘Low Risk’ Customer, Banks should update your KYC only once every 10 years
The KYC directions from the RBI clearly state that the KYC process should follow risk…
The RBI refuses to share information related to preparatory meetings on Demonetization
The RBI in response to an application under RTI refused to disclose the list of…
Latest updates on the Demonetization of Rs 500 and Rs 1000 notes (updated on 31st December 2016)
Here is the latest on the demonetization issue with detailed information on various limits as…
More than 1/3rd of the new Bank branches opened in the last 3 years were in Rural areas
Between 2013-14 and 2016-17 (up to June), more than 24000 new bank branches of SCBs…
What does the Reserve Bank of India do?
What exactly does the Reserve Bank of India(RBI) do? What are its functions? Know all…
