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Tag Archives: RESERVE BANK OF INDIA NEWS

RBI Issues Dissent Note, Opposes Idea Of Constituting Independent Payments Regulator

Reserve Bank of India has issued a dissent notice on the Inter-Ministerial Committee for finalization of Amendments to the Payment and Settlement System (PSS) Act, 2007. In the dissent notice, it critically opposed the idea of constituting an independent body for regulating payments. The Committee was formed by the Government under the …

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RBI Announces Steps To Increase Liquidity Flow To Non-Banking Financial Conmpanies

Mumbai: The Reserve Bank of India has issued a statement announcing more measures to increase liquidity flows to the non-banking financial companies. The move will help provide liquidity to housing finance companies (HFCs) and non-banking finance companies (NBFCs) which have come under pressure following a series of default by IL&FS group …

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