RBI Governor Secures: Prime Minister of India recently congratulated Reserve Bank of India (RBI) Governor Shaktikanta Das for receiving an ‘A+’ rating in the Global Finance Central Banker Report Cards 2024, marking his second consecutive achievement of this high honour. Shaktikanta Das is one of only three central bankers globally to receive an “A+” rating, […]
Tag: 24th Aug 2024
RBI Intensifies Scrutiny on P2P Lending Platforms
RBI Intensifies Scrutiny on P2P Lending Platforms: The Reserve Bank of India (RBI) has intensified its regulatory scrutiny on Non-Banking Financial Company–Peer to Peer Lending Platform (P2P) lending platforms following the discovery of multiple regulatory violations, including high levels of non-performing assets (NPAs). RBI identified violations, including unauthorised deposit acceptance and unusually high balances in […]
