The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) have signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies — the Indian Rupee ...

RBI and BOM sign MoU to promote INR and MUR use in cross-border transactions, enhancing trade and financial integration.

RBI Governor Sanjay Malhotra expressed concerns over the rise in customer complaints and urged bank and NBFC management to ...

The Reserve Bank of India and the Bank of Mauritius signed an MoU to promote the use of Indian and Mauritian Rupees for cross-border transactions. This agreement aims to optimize trade costs and ...

RBI Governor Sanjay Malhotra instructed banks to avoid repeated KYC document requests from customers, emphasizing the use of ...

The governor of the Reserve Bank of India has said artificial intelligence could revolutionise the way lenders address customer grievances. Speaking at the annual conference of the RBI ombudsmen in ...

The New India Co-Operative Bank faces a crisis after alleged embezzlement of Rs 122 crore. Depositors petition the RBI for immediate intervention to revive the bank and alleviate their financial ...

RBI governor Sanjay Malhotra has underscored the need for “responsible innovation” in the country’s burgeoning fintech space.

RBI governor Sanjay Malhotra has said that the central bank is working to make cross-border payments “more efficient”.

Malhotra said that as a Central Bank, the Reserve Bank is mindful of its role in addressing and mitigating risks to the ...

Reserve Bank and the Bank of Mauritius (BOM) have signed a pact for establishing a framework to promote the use of the Indian Rupee and the Mauritian Rupee (MUR) for cross-border transactions ...

Reserve Bank of India and Bank of Mauritius sign MoU to promote the use of Indian Rupee and Mauritian Rupee for cross-border transactions, aiming to optimize costs and settlement time.