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The Reserve Bank of India has directed regulated payment companies to monitor high-value or suspicious transactions to prevent misuse during elections. This..
Credit: IndiaTimes - Published 2 days ago

Indian commercial banks are considering using iris scans for transaction verification, especially for senior citizens, due to reliability issues with..
Credit: IndiaTimes - Published 4 days ago

The Reserve Bank of India ("RBI") Governor Shri Shaktikanta Das announced plans for a mobile app facilitating access to the retail direct scheme...
Credit: Mondaq - Published 5 days ago

Bengaluru is leading a significant shift in Indias automotive scenario, with a growing number of residents opting for pre-owned vehicles. Spearheaded by CARS24,..
Credit: NewsVoir - Published 5 days ago

The Reserve Bank of India (RBI) has mandated banks and finance companies to provide borrowers with a comprehensive key facts statement starting from October 1...
Credit: IndiaTimes - Published 1 week ago

The Reserve Bank of India (RBI) has issued consolidated guidelines for issuance of Guarantee and Co-acceptance of Bill by the Banks in India (vide Master..
Credit: Mondaq - Published 1 week ago

The RBI has increased gold purchases to diversify reserves, with gold value contributing to a $3 billion rise in forex reserves to $648.5 billion. RBI acquired..
Credit: IndiaTimes - Published 1 week ago

Banks designated as systemically important financial institutions ("SIFIs") by the South African Reserve Bank ("Reserve Bank") and their holding companies will..
Credit: Mondaq - Published 1 week ago

India's foreign exchange reserves rose for the seventh straight week to hit a fresh all-time high of USD 648.562 billion in the week ending on April 5, as per..
Credit: IndiaTimes - Published 1 week ago

Vijay Kumawat (4-19) and Jyot Chhaya (70) were the star performers for RBI
Credit: Mid-Day - Published 2 weeks ago

DTDC Express posted 179-5 in 20 overs. Leading DTDC’s charge was opening batsman Japjeet Randhwa (82). Later, thanks to Jyot Chhaya’s 57, RBI managed to get..
Credit: Mid-Day - Published 2 weeks ago

The Reserve Bank of India (RBI) proposed enabling users to deposit cash in cash deposit machines (CDMs) through UPI.
Credit: Zee News - Published 2 weeks ago

The ADB's growth forecast for FY25 is in line with the projections made by the Reserve Bank of India (RBI).  
Credit: Zee News - Published 2 weeks ago

Surinder Chawla joined PPBL in January last year after the payments bank received approval from the Reserve Bank of India.  
Credit: Zee News - Published 2 weeks ago

The Reserve Bank of India ("RBI") has issued Master Directions on Government Securities Lending ...
Credit: Mondaq - Published 2 weeks ago

While India remains a significant player in the global gold market, other central banks also contributed to the accumulation in February.
Credit: Zee News - Published 3 weeks ago

Central banks, led by RBI, aim to hedge economic uncertainties by bolstering gold reserves. Despite a slowdown in February, the trend remains strong, reflecting..
Credit: IndiaTimes - Published 3 weeks ago

The Reserve Bank of India on December 19, 2023, has issued a notification tightening norms for regulated entities (banks, non-banking financial companies,..
Credit: Mondaq - Published 3 weeks ago

The Reserve Bank of India will hold its first three-day monetary policy review meeting of 2024-25 starting Wednesday and the outcome of the meeting will be..
Credit: DNA - Published 3 weeks ago

The cardinal directions of the compass - North, East, West, and South - hold significance beyond mere geographical orientation; they form an integral aspect of..
Credit: NewsVoir - Published 3 weeks ago

The Reserve Bank of India ("RBI") has recently issued an amendment to the Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions,..
Credit: Mondaq - Published 3 weeks ago

The Reserve Bank of India ("RBI") has finalised an Omnibus Framework for recognising Self-Regulatory Organizations ("SROs") for regulated entities ("REs")...
Credit: Mondaq - Published 3 weeks ago

Over the next 10 years, India must strive to become a ‘financially atmanirbhar’ economy that is shielded from all global events and continues to march ahead..
Credit: IndiaTimes - Published 3 weeks ago

The introduction of DIGITA is expected to enhance transparency and accountability within the digital lending sector.
Credit: Zee News - Published 3 weeks ago

State-owned Bank of India (BoI) has announced a hike in lending rate by 10 basis points, a move which will make loans, including retail, expensive. The lending..
Credit: IndiaTimes - Published 3 weeks ago

Indian banks are gearing up for changes in rules on international credit card spending under the liberalised remittance scheme (LRS). The Reserve Bank of India..
Credit: IndiaTimes - Published on March 26, 2024

India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended March 15, the Reserve Bank said.
Credit: Zee News - Published on March 26, 2024

RBI has highlighted evolving dynamics of the Indian economy, with potential moderation in the FMCG sector and shifts in per capita income distribution. There are..
Credit: IndiaTimes - Published on March 19, 2024

· HerVikas program is driving vast financial inclusion of women entrepreneurs leading to improved income generation and new job creation

· Kinara..
Credit: NewsVoir - Published on March 9, 2024

The Reserve Bank of India (RBI) has made amendments to credit and debit card regulations to enhance transparency and accountability. The amendments cover various..
Credit: IndiaTimes - Published on March 8, 2024

One of the significant risks that creditors weigh when deciding whether to lend money is bankruptcy risk: can the borrower use the bankruptcy laws to discharge..
Credit: Mondaq - Published on March 8, 2024

Ashneer Grover, the former managing director of BharatPe, has written to the Reserve Bank of India (RBI), alleging that the company intentionally deceived the..
Credit: IndiaTimes - Published on March 7, 2024

On November 12, 2021, the Reserve Bank of India ("RBI") introduced the Retail Direct Scheme, designed to empower individual investors to participate in the..
Credit: Mondaq - Published on March 6, 2024

The Reserve Bank of India (RBI) has directed credit card issuers to provide their eligible customers with the option to choose from multiple card networks...
Credit: IndiaTimes - Published on March 6, 2024

The Reserve Bank has however said that the JM Financial shall continue to service its existing loan accounts through the usual collection and recovery process.
Credit: Zee News - Published on March 6, 2024

The Reserve Bank on Monday barred IIFL Finance with immediate effect from sanctioning or disbursing gold loans after certain material supervisory concerns were..
Credit: IndiaTimes - Published on March 4, 2024

In August 2022, the Reserve Bank of India (RBI) released a discussion paper proposing a tiered structure charge on UPI payments based on different amount bands.
Credit: Zee News - Published on March 4, 2024

Meanwhile, The Reserve Bank of India has futher said that Rs 2,000 banknotes continue to be legal tender.
Credit: Zee News - Published on March 1, 2024

In March, both private and public banks in India will be closed for a total of 14 days, following the Reserve Bank of India's holiday schedule across different..
Credit: DNA - Published on February 29, 2024

Reserve Bank of India (RBI) has revoked the license of Sumerpur Mercantile Urban Cooperative Bank due to insufficient capital and prospects. The bank's financial..
Credit: IndiaTimes - Published on February 29, 2024

The Reserve Bank said that it cancelled the licence of the bank as the latter does not have adequate capital and earning prospects.
Credit: Zee News - Published on February 29, 2024

The troubles for RCap started when the Reserve Bank of India (RBI) stepped in on November 30, 2021.
Credit: DNA - Published on February 28, 2024

Paytm shares surged 5% in early trade on Tuesday following the Reserve Bank of India's request for the National Payments Corporation of India (NPCI) to explore..
Credit: IndiaTimes - Published on February 27, 2024

India has been recognized as one of the safest countries for online transactions due to the implementation of tokenization by the Reserve Bank of India...
Credit: IndiaTimes - Published on February 27, 2024

Reserve Bank of India (RBI) penalised SBI, Canara Bank, City Union Bank for violating regulations. Fines imposed for various violations including exceeding share..
Credit: IndiaTimes - Published on February 27, 2024

Vijay Shekhar Sharma, the founder of Paytm Payments Bank, has resigned as the non-executive chairman of the bank's board, following the Reserve Bank of India's..
Credit: IndiaTimes - Published on February 26, 2024

One97 Communications shares, which operates under the brand name Paytm, hit 5 per cent upper circuit on Monday after the Reserve Bank of India (RBI) issued a..
Credit: IndiaTimes - Published on February 26, 2024

The Reserve Bank of India (RBI) has announced additional measures to ensure smooth digital payments for customers using the @paytm handle. Paytm Payments Bank..
Credit: IndiaTimes - Published on February 23, 2024

The Central Government and the Reserve Bank of India ("RBI") rationalised the legal framework for overseas investments in its entirety and issued:
Credit: Mondaq - Published on February 20, 2024

The Reserve Bank of India predicts inflation stabilization in India. Retail inflation eased to 5.1% in January. There may be renewed pressures from cereals and..
Credit: IndiaTimes - Published on February 20, 2024

During the first Monetary Policy Committee ("MPC") statement of 2024, Reserve Bank of India ("RBI") Governor Shri Shaktikanta Das announced additional..
Credit: Mondaq - Published on February 20, 2024

A last-minute financial need such as a medical emergency or urgent home repairs has the potential to impact one's savings significantly. That is precisely why a..
Credit: NewsVoir - Published on February 19, 2024

The Reserve Bank of India (RBI) has clarified that Fastags are not interoperable. Moreover, Fastags issued by Paytm will be ineffective after 15 March, 2024.
Credit: Zee News - Published on February 19, 2024

Paytm has been steadfast in reassuring both users and merchant partners that the Paytm app and its services will maintain their full functionality. After the..
Credit: Zee News - Published on February 16, 2024

The 25-year-old from Patna, who is currently training with his Mumbai Indians skipper Hardik Pandya in Baroda, is set to make a comeback to competitive cricket..
Credit: Zee News - Published on February 16, 2024

Following the Reserve Bank of India's directive on January 31, PPBL was instructed to cease accepting deposits or top-ups in customer accounts.
Credit: Zee News - Published on February 16, 2024

The road-tolling authority released a list of 32 banks that were authorised to issue new FASTags for vehicles, but Paytm Payments Bank was left off of it, adding..
Credit: DNA - Published on February 16, 2024

The Reserve Bank of India had few days ago issued a crucial directive to Paytm Payments Bank (PPBL) ordering the lender to cease taking deposits or top-ups in..
Credit: Zee News - Published on February 16, 2024

The Reserve Bank of India has struck an agreement with Nepal's central bank to integrate UPI with the country's national payment interface. The signing comes two..
Credit: IndiaTimes - Published on February 15, 2024

Senior officials from Paytm have appeared before the Enforcement Directorate in connection with suspected irregularities reported by the Reserve Bank of India..
Credit: IndiaTimes - Published on February 14, 2024

The Reserve Bank of India (RBI) has directed card networks like Visa and Mastercard to suspend card-based commercial payments made by corporations and small..
Credit: IndiaTimes - Published on February 14, 2024

Regulation 8 of the Reserve Bank of India's Ombudsman Scheme for Digital Transactions, 2019 specifies that if the bank fails to reverse the transfer, a complaint..
Credit: Zee News - Published on February 13, 2024

The Reserve Bank of India (RBI) on Monday ruled out a reconsideration of its decision to put severe restrictions on Paytm Payments Bank's activity and stated..
Credit: IndiaTimes - Published on February 12, 2024

Days after Reserve Bank of India's (RBI) big crack down on Paytm's Payments Bank, sources said on Sunday that government is now examining foreign direct..
Credit: IndiaTimes - Published on February 11, 2024

Piyush Goyal, the minister of commerce and industry, emphasized the coordination between the Reserve Bank of India (RBI) and the government in managing monetary..
Credit: IndiaTimes - Published on February 9, 2024

The Reserve Bank of India (RBI) will hold a meeting with stakeholders, including the National Highways Authority of India (NHAI) and the National Payments..
Credit: IndiaTimes - Published on February 9, 2024

The Reserve Bank of India (RBI) has stated that Paytm App will not be impacted by the recent order issued against Paytm Payment Bank Limited.
Credit: Zee News - Published on February 9, 2024

Reserve Bank of India (RBI) has projected a GDP growth of 7 percent for the 2024-25 financial year. This projection is slightly lower than the estimated 7.3..
Credit: IndiaTimes - Published on February 8, 2024

RBI MPC Meeting: The Reserve Bank of India (RBI) kept the key policy rate - repo rate- unchanged at 6.5% after the Monetary Policy Committee (MPC) meeting...
Credit: IndiaTimes - Published on February 8, 2024

Financial Services Secretary Vivek Joshi on Wednesday said it is for the Reserve Bank to deal with the Paytm issue and the government has nothing to do with the..
Credit: Zee News - Published on February 8, 2024

For a year, the Reserve Bank has kept the repo rate unchanged at 6.5 percent. The benchmark interest rate was last raised in February 2023 to 6.5 percent from..
Credit: Zee News - Published on February 8, 2024

Paytm on Monday denied reports that it is in talks with a few interested investors to sell its wallet business, amid the Reserve Bank of India’s (RBI) ban on..
Credit: BGR India - Published on February 5, 2024

Paytm’s wallet business is reportedly the first victim of the Reserve Bank of India’s (RBI) ban on Paytm Payments Bank. The central bank, for the unversed,..
Credit: BGR India - Published on February 5, 2024

Money laundering concerns and questionable dealings of hundreds of crores of rupees between popular wallet Paytm and its lesser-known banking arm had led Reserve..
Credit: IndiaTimes - Published on February 5, 2024

In response to the Reserve Bank of Indias (RBI) stringent focus on data security for cooperative banks, Blockfenders, a leading data management and operations..
Credit: NewsVoir - Published on February 5, 2024

The Reserve Bank of India (RBI) is anticipated to maintain interest rates following the conclusion of its monetary policy committee's meeting on February 8th...
Credit: IndiaTimes - Published on February 4, 2024

Experts predict that the Reserve Bank will continue to maintain the pause on the short-term lending rate in its upcoming monetary policy. The benchmark interest..
Credit: IndiaTimes - Published on February 4, 2024

The Enforcement Directorate is considering investigating allegations of KYC-related failures by Paytm Payments Bank, which were reported by the Reserve Bank of..
Credit: IndiaTimes - Published on February 3, 2024

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