RBI

Curbs on Paytm Payments Bank proportionate to gravity of situation: RBI
Business

Curbs on Paytm Payments Bank proportionate to gravity of situation: RBI

Senior RBI officials on Thursday said that barring Paytm Payments Banks from accepting deposits was part of “a supervisory action…
RBI plans new framework for authentication of digital transactions
Technology

RBI plans new framework for authentication of digital transactions

The RBI on Thursday said that it has decided to come out with a new framework for authentication of digital…
RBI retains repo rate at 6.5%
Business

RBI retains repo rate at 6.5%

The RBI on Thursday left the repo rate unchanged at 6.5% for the sixth consecutive time as part of its…
RBI bars Paytm Payments Bank from accepting deposits after Feb 29
Business

RBI bars Paytm Payments Bank from accepting deposits after Feb 29

The RBI has barred Paytm Payments Bank Ltd (PPBL) from further deposits or credit transactions or top ups in any…
Household debt in India does not pose systemic concern: RBI
Business

Household debt in India does not pose systemic concern: RBI

 Despite the recent increase in financial liabilities, household debt in India is much lower than in other emerging market economies…
2,500 fraudulent loan apps weeded out from Google Play Store: Sitharman
News

2,500 fraudulent loan apps weeded out from Google Play Store: Sitharman

 Google has suspended or removed over 2,500 fraudulent loan apps from its Play Store between April 2021 and July 2022…
Consumer confidence stays stable in RBI survey across 19 major cities
Business

Consumer confidence stays stable in RBI survey across 19 major cities

Consumer confidence in the country for the current period remained stable as higher pessimism on the current general economic situation…
RBI allows NRIs to buy Sovereign Green Bonds
Business

RBI allows NRIs to buy Sovereign Green Bonds

 The RBI has issued a notification allowing NRIs to invest, without any restrictions, in the Government’s Sovereign Green Bonds issued…
Total value of Rs 2,000 notes in circulation down to just Rs 0.1 lakh crore: RBI
Business

Total value of Rs 2,000 notes in circulation down to just Rs 0.1 lakh crore: RBI

The RBI said on Wednesday that the total value of Rs 2,000 banknotes in circulation has come down to Rs…
RBI fines Paytm Payments Bank for breach of norms
Business

RBI fines Paytm Payments Bank for breach of norms

The RBI has slapped a Rs 5.39 crore fine on Paytm Payments Bank for not complying RBI guidelines related to…
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