RBI Deputy Governor Swaminathan J cautioned that rapid digitalisation is creating new financial risks that can materialise in ...
The issue concerns how NBFCs must now handle customer complaints under the 2026 Directions. The key takeaway is that rejected complaints require independent, apex-level review with strong Board ...
RBI Governor Sanjay Malhotra has suggested that India needs a tech-driven, near real-time supervision of the digital ...
Digital payments are growing fast in India, but rising fraud cases and unresolved complaints are pushing the RBI to tighten ...
The Reserve Bank of India has released new guidelines for internal ombudsmen in banks and NBFCs. This move aims to improve ...
The Reserve Bank of India (RBI) views its regulatory and supervisory roles vis-a-vis the regulated entities as collaborative ...
Move follows surge in digital frauds as central bank reviews recovery agent norms, updates customer liability rules and deploys AI tools to protect consumers ...
While telling banks and other regulated entities to continue to improve their tools, techniques and processes in preventing ...
RBI Governor Sanjay Malhotra said penalties and restrictions are a last resort, stressing collaboration with banks to curb ...
The Delhi High Court PIL highlights digital lending apps' privacy violations, emphasizing flawed identity verification and ...
Murmu also noted that while digital tools may pose regulatory challenges, they can also create opportunities by improving how ...