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The RBI Ombudsman Scheme is also being revised for improved grievance redressal, and rural cooperative banks are being included under the ambit of the scheme.

Kotak Mahindra Bank’s sustained digital banking push has propelled its Kotak811 mobile app to the top of India’s banking ...

The RBI’s Monetary Policy Committee has allowed Authorised Dealer banks to lend in Indian Rupees to Bhutan, Nepal, and Sri ...