RBI

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…

3 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…

3 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…

3 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…

3 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,…

3 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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 months ago

RBI imposes 1.45 crore penalty on Central Bank of India, 96.4 lakh fine on Sonali Bank PLC

NEW DELHI: The Reserve Bank of India (RBI) imposed a penalty of Rs 1.45 crore on the Central Bank of…

3 months ago

India’s forex reserves surge $4.3 billion to hit new lifetime high

NEW DELHI: India's foreign exchange reserves rose for the second consecutive week, reaching a new all-time high of $ 655.817…

3 months ago

Markets hold on to early gains after RBI monetary policy decision

Men watch stock news on a display screen as Sensex opens. File. | Photo Credit: ANI Benchmark equity indices jumped…

3 months ago

The people’s bank that LiquiLoans has built

The non-banking finance company founded in 2018 had stitched some early high-profile partnerships with fintech platforms Cred and BharatPe. It…

3 months ago

Paytm Payments Bank Board Is Independent, Paytm CEO Vijay Shekhar Sharma Says

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of…

3 months ago

Cyber frauds: How are money mule scams impacting India’s financial inclusion efforts?

A 400% increase in payment frauds, cases where 125 young boys are collectively duped out of ₹1 crore, life savings…

3 months ago