Where is rbi headquarters

Strengthening the internal defences within supervised institutions such as corporate governance, internal control and audit functions, management information and risk control systems, review of housekeeping in banks;. Supervision of overseas operations of Indian banks, consolidated supervision of banks;. Establishment of a credit registry in respect of large borrowers of supervised institutions; and.

Setting up a subsidiary of RBI to take care of the IT requirements, including the cyber security needs of the Reserve Bank and its regulated entities, etc. Regulator and supervisor of the financial system:. Regulator and Supervisor of Payment and Settlement Systems:. Training Establishments. Aditya Puri: A stickler who ensured a lot doesn't happen over coffee While heading a foreign bank's operations in Malaysia in the early s, Puri got an offer from Deepak Parekh of mortgage major HDFC to come back to India to start a bank in an economy which had shifted gears with a plethora of liberalising manoeuvres.

One year later, PMC Bank depositors still struggling to get their money back PMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get their hard-earned money back.

India found cybersecurity lapses at National Payments Corporation in Govt document The audit, which took place over four months to February , highlighted a lack of encryption of personal data at the National Payments Corporation of India NPCI which forms the backbone of the country's digital payments system and operates the RuPay card network championed by Prime Minister Narendra Modi.

RBI panel pitches for incentives to promote usage of QR code transactions With a view to promote less cash economy, the government should provide incentives to popularise usage of QR Quick Response code transactions among consumers, a report of the Reserve Bank of India RBI said on Wednesday. Fairfax-backed CSB Bank weighs buying out other old private banks to expand its balance sheet CSB chief executive CVR Rajendran told ET in an interview that the bank is evaluating all old generation private sector banks as possible candidates.

UCO Bank 'redesigns' strategies to align with government's 'Aatmanirbhar Bharat' Underlining the fact that the COVID outbreak and the effect of lockdown from late March to June caused severe adverse impact on all sectors of the Indian economy, including banking, UCO Bank said "it has redesigned its strategies" to implement Aatmanirbhar Bharat package announced by the central government, to fall in line with the current situation.

India INX to offer more products to investors; seeks Sebi nod to list REITs, InvITs The launch of rupee-dollar derivatives contract is expected to bring rupee trading home from other international financial centres more. Bank of Maharashtra announces cut in repo-linked lending rate by 40 bps to 7. With 7. Mock security drill at RBI headquarters in Mumbai sends onlookers in a tizzy Onlookers said choppers were hovering around the area for some time before one of them landed on top of the building.

N Chandrababu Naidu panel on note ban to hold maiden meeting in Mumbai tomorrow "We will discuss a whole range of issues related to demonetisation. Browse Companies:. Never miss a story! Stay connected and informed with Mint. Download our App Now!!

It'll just take a moment. Looks like you have exceeded the limit to bookmark the image. Our representative will get in touch with you shortly. Updated on : Oct 04, - PM. The RBI controls the monetary and other banking policies of the Indian government. The Reserve Bank is permanently situated in Mumbai since The primary objectives of RBI are to supervise and undertake initiatives for the financial sector consisting of commercial banks, financial institutions and non-banking financial companies NBFCs.

Annual Report — The annual report is a statutory report of the Reserve Bank of India that is released every year. This report consists of valuation and progress of the Indian economy. Report on Trend and Progress of Banking in India — This document is an assessment of the policies and progress of the financial sector for the preceding year.

Lectures — The Reserve Bank of India has constituted three annual lectures. Two of these lectures are conducted by past Governors of the Reserve Bank and one lecture is by a noted economist.