RBI

RBI alarmed at lakhs of bank accounts being used for fraud: Report

The Reserve Bank of India (RBI) expressed its surprise at some banks having lakhs of accounts that are used for…

4 months ago

RBI to Deploy eRupee CBDC Payments via UPI QR Codes Soon: All Details

India may take the next big leap in its eRupee central bank digital currency (CBDC) venture any day now. The…

5 months ago

Paytm layoffs: Vijay Shekhar Sharma breaks silence on why senior-level employees are leaving Paytm; here’s what he said

2024-07-07 22:15:02 Fintech firm One97 Communications, owner of the Paytm brand, laid off an undisclosed number of employees in June…

5 months ago

Indian Web3 Players Call SEBI’s Vision for Distributed VDA Governance Encouraging, Pragmatic

The Securities and Exchange Board of India's (SEBI), this week, said it could work with the RBI and Insurance Regulatory…

5 months ago

Bank holidays in July: Banks to remain closed for 12 days; details here | Personal Finance

2024-07-01 22:50:02 2 min read Last Updated : Jul 01 2024 | 9:52 AM IST Banks across India will be…

5 months ago

RBI revises priority sector lending norms

MUMBAI: RBI has revised its priority sector guidelines to encourage banks to provide small loans in economically disadvantaged districts with…

5 months ago

Forex kitty dips $2.9bn to $652.9bn

MUMBAI: India's forex reserves dropped by $2.9 billion to $652.9 billion for the week ended June 14, the Reserve Bank…

5 months ago

GST rate rationalisation after item-wise analysis

NEW DELHI: Rationalisation of GST rates may be some time away, but assessment has begun in the background to assess…

5 months ago

Sebi confirms ban on JM Fin over managing debt issues | India News

MUMBAI: Markets regulator Sebi has confirmed interim directions against JM Financial following irregularities in a public issue of non-convertible debentures…

5 months ago

Stop mindless pursuit of profit: RBI governor Shaktikanta Das to banks

MUMBAI: RBI governor Shaktikanta Das has urged banks to avoid the "mindless pursuit of bottom line". He pointed out that…

5 months ago

AI and blockchain solutions for unclaimed asset recovery, says Vikash Kumar Jain of Share Samadhan

Blockchain can provide a transparent mechanism for tracking ownership and automating transfers of unclaimed assets through smart identification of claimants,…

5 months ago

RBI governor asks banks to stop ‘mindless pursuit of profit’

MUMBAI: Reserve Bank of India Governor Shaktikanta Das has urged banks to avoid the “mindless pursuit of bottom lines” pointing…

5 months ago

Fitch raises India’s growth forecast to 7.2%

NEW DELHI: Fitch Ratings on Tuesday raised India's growth forecast for the current fiscal to 7.2%, from 7% projected in…

5 months ago

Sebi is dealing with F&O trading frenzy: RBI governor

Mumbai: RBI and markets regulator Sebi have discussed the huge volumes in the futures and options (F&O) segment, amid concerns…

5 months ago

Existing UPI QR Codes Could Begin Processing Transactions in eRupee CBDC: RBI’s T Rabi Sankar

India is planning to introducing its own blockchain-based eRupee CBDC for commercial use. The country is mulling more ways to…

5 months ago

Modi 3.0 Budget 2024 Expectations: What are Finance Minister Nirmala Sitharaman’s plans for taxpayers?

With the dawn of Modi 3.0, all eyes are eagerly set on the upcoming Union Budget of 2024, slated for…

5 months ago

RBI bags risk manager award

Mumbai: RBI has been awarded the "Risk Manager of the Year 2024" by Central Banking, UK, for improving its risk…

5 months ago

RBI’s new overseas investment regulations: A gamechanger for Indian investors

The Reserve Bank of India (RBI) issued a circular on 7 June, relaxing overseas investment regulations and clarifying ambiguities for…

5 months ago

RBI Deputy Governor Asks Banks to Gear for Blockchain Future as India Awaits Crypto Rules

Mahesh Kumar Jain, the Deputy Governor of the Reserve Bank of India (RBI), has predicted that technologies like blockchain and…

5 months ago

RBI slaps fine on Central Bank of India, Bangladesh bank on violations

Mumbai: RBI has imposed penalties of Rs 1.5 crore and Rs 9.4 lakh on Central Bank of India and Bangladesh's…

5 months ago