Tag Archives: RBI

RBI operating on rules to reduce Fraud in electronic Transactions

May 8, 2016 Comments Off on RBI operating on rules to reduce Fraud in electronic Transactions

The RBI is running to put in place a regulatory framework to address purchaser grievance and liabilityproblems bobbing up out of frauds in electronic transactions, government stated Tuesday. “the problem is being further tested through the RBI to put in region a regulatory framework for addressing customer complaint and liability troubles bobbing up out of such frauds,” Minister of kingdomfor ... Read More »

Power Reforms Likely To Pressure States’ Budgets, Says RBI

April 8, 2016 Comments Off on Power Reforms Likely To Pressure States’ Budgets, Says RBI

India’s power reforms are likely to put pressure on state governments’ budgets, potentially forcing them to cut spending needed to support economic growth, the Reserve Bank of India (RBI) said in a report on Thursday (07 April). States could find themselves deviating from the path of fiscal consolidation as they take on an additional interest burden from debt tied to ... Read More »