Reserve Bank of India

Paytm Payments Bank ban: Key changes come into effect post March 15
Business

Paytm Payments Bank ban: Key changes come into effect post March 15

As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are…
Paytm shifts nodal account to Axis Bank: What does this mean?
Technology

Paytm shifts nodal account to Axis Bank: What does this mean?

In a bid to maintain seamless merchant settlements as before, financial services company Paytm has announced to shift its nodal…
RBI supports fintech sector, but customer interest is of prime importance: Guv Das
Business

RBI supports fintech sector, but customer interest is of prime importance: Guv Das

 The Governor of Reserve Bank of India (RBI), Shaktikanta Das, said on Monday that while the central bank is supportive…
RBI not thinking of moving towards de-dollarisation: Governor Das
Business

RBI not thinking of moving towards de-dollarisation: Governor Das

Reserve Bank of India (RBI) Governor Shaktikanta Das said that it is incorrect to say that there was a move…
Customer benefits being kept in mind while regulating Fintechs: RBI Guv
Business

Customer benefits being kept in mind while regulating Fintechs: RBI Guv

 Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that post-pandemic digital lending has seen an exponential rise…
RBI issues new order to help recovery of unclaimed deposits in banks
Business

RBI issues new order to help recovery of unclaimed deposits in banks

The Reserve Bank of India (RBI) has issued fresh instructions to banks to strengthen the ongoing efforts to reduce the…
RBI comes out with draft to simplify licensing norms for money changers
Business

RBI comes out with draft to simplify licensing norms for money changers

 The Reserve Bank of India (RBI) has come out with a set of new draft norms aimed to simplify and…
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
Business

RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23

The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-banking financial…
Monetary Policy: RBI to continue with its cautious pause
Business

Monetary Policy: RBI to continue with its cautious pause

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to maintain the repo rate at 6.5 per…
Over 97% of Rs 2,000 banknotes have been returned: RBI
Business

Over 97% of Rs 2,000 banknotes have been returned: RBI

The total value of Rs 2,000 banknotes in circulation, has declined to Rs 9,760 crore at the close of business…
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