Latest RBI Innovation Hub News & Updates

New Delhi, July 18 (IANS) The Department of Land Resources (DoLR) — under the Ministry of Rural Development — has explored integrating digital land governance with the Unified Lending Interface (ULI) to enable seamless, secure and consent-based credit delivery for farmers and rural citizens, an official statement said on Saturday.The proposal was discussed during a high-level meeting between DoLR and the RBI Innovation Hub (RBIH) — chaired by DoLR Secretary Narendra Bhooshan — to explore con…

New Delhi, May 12 (IANS) Looking to strengthen the fight against cyber frauds, the Union Home Ministry’s Indian Cyber Crime Coordination Centre (I4C) and Reserve Bank Innovation Hub (RBIH) signed a Memorandum of Understanding (MoU) for collaboration, an official said on Tuesday.The two agencies will work together for combating cyber-enabled financial frauds and curtailing mule accounts across the banking and digital payments ecosystem, said the official in a statement.The MoU aims to facilitat…