The Governor of the Reserve Bank of India (RBI), Shaktimanta Das has announced that cheques will now be cleared within a matter of few hours on the same day. He made the announcement during the Monetary Policy Committee (MPC) .  Cheques are currently cleared within two working days. The new amendments in the RBI (Reserve […]

Recently Swaminathan J, RBI Deputy Governor has cautioned the Small Finance banks (SFBs) regarding various crucial matters related to Governance, Financial Inclusion, Risk Management, Cyber Security, etc. Speaking at the conference of Directors of SFBs recently, he urged the country’s small finance banks to enhance governance for growth with sustainable development leadership practices. “It is […]