Financial System News - Latest Updates & Headlines
RBI Governor flags concerns over use of technology for money laundering and terror financing
New Delhi, March 26: Reserve Bank of India (RBI) Governor Sanjay Malhotra raised concerns on Wednesday over threats from money laundering and terror financing to the national and global financial systems, which are continuously evolving and becoming more sophisticated.
RBI's move to inject Rs 1.9 lakh crore liquidity seen as positive for banks
Mumbai, March 6: The RBI’s move to inject Rs 1.9 lakh crore has come as a big positive for banks, which is reflected in the rise in the stock prices of both private and public sector banks, as well as Non-Banking Financial Companies (NBFCs) on Thursday.