RBI

RBI issues new order on credit cards to give customers more choice
Business

RBI issues new order on credit cards to give customers more choice

The RBI on Wednesday issued a directive barring credit card issuers (banks and non-banks) from entering into any arrangement or…
RBI economists reject IMF view that India’s debt-GDP ratio may shoot up
Business

RBI economists reject IMF view that India’s debt-GDP ratio may shoot up

RBI economists, in a report released on Tuesday, rejected the IMF view that India’s debt-GDP ratio has the potential of…
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…
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