RBI may hold rate yet again to focus on inflation management, say experts
The RBI may again keep the key interest rate unchanged in April as it is likely to focus more on bringing down inflation to the 4 per cent target after …
The RBI may again keep the key interest rate unchanged in April as it is likely to focus more on bringing down inflation to the 4 per cent target after …
Mumbai: The Reserve Bank of India (RBI) may have to take a fresh look at its long-standing caps for foreign ownership of government debt as lumpy inflows expected over the …
Shaktikanta Das, Governor, RBI, says in the Paytm case, Reserve Bank’s action is against a regulated entity. In this case, the regulated entity is a payment bank. RBI’s action is …
Banks are working on updates to strengthen their KYC (Know Your Customer) standards by adding extra verification layers to identify accounts and account holders. Under the plan being discussed with …
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India’s banking regulator has ordered to be wound down, in its latest attempt to address compliance …
India’s Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm’s banking arm, Paytm Payments Bank, for violations in reporting illegal money routed through its …
Mumbai, The Indian economy is likely to grow at 6.7-6.9 per cent in December quarter FY24 as compared to 7.6 per cent growth in the second quarter on poor performance …
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine a request from Paytm, formally known as One 97 Communications, …
India’s Paytm Payments Bank has been given more time by the central bank to wind down its operations, while its parent company has signed on a new banking partner to …
The Reserve Bank of India has issued a list of frequently asked questions (FAQs) to allay customers’ fears after it restricted operations of Paytm Payments Bank (PPBL) citing compliance issues. …