"Reserve Bank"
Latest news and video coverage curated from trusted media outlets
![American Consumers Now Have More Debt Than Savings [Video]](https://video.newsserve.net/300/v/20240515/1375555708-American-Consumers-Now-Have-More-Debt-Than-Savings.jpg) American Consumers Now Have More Debt Than Savings Credit: Veuer Duration: 01:02Published | |
![Comments 64-66: Decoding Black Wealth: A New Age Perspective [Video]](https://video.newsserve.net/300/v/20240509/1715259279-Comments-64-66-Decoding-Black-Wealth-New.jpg) Comments 64-66: Decoding Black Wealth: A New Age Perspective Credit: Rumble Duration: 02:33Published | |
![End The Fed Part 2 [Video]](https://video.newsserve.net/300/v/20240420/1713571241-End-The-Fed-Part.jpg) End The Fed Part 2 Credit: Rumble Duration: 20:38Published | |
You Might Like
India: AKP Banking & Finance Digest- February 26, 2024 - AK & PartnersOn November 12, 2021, the Reserve Bank of India ("RBI") introduced the Retail Direct Scheme, designed to empower individual investors to participate in the government securities market.Mondaq - Published | |
More choice for customers: RBI's new rules shakes up credit card industryThe Reserve Bank of India (RBI) has directed credit card issuers to provide their eligible customers with the option to choose from multiple card networks. Additionally, the central bank has prohibited..IndiaTimes - Published | |
RBI Imposes Curbs On JM Financial Products; Finds 'Serious Deficiencies' In Funding For IPOsThe Reserve Bank has however said that the JM Financial shall continue to service its existing loan accounts through the usual collection and recovery process.Zee News - Published | |
RBI bars IIFL Finance from sanctioning, disbursing gold loansThe Reserve Bank on Monday barred IIFL Finance with immediate effect from sanctioning or disbursing gold loans after certain material supervisory concerns were observed in its gold loan portfolio. IIFL..IndiaTimes - Published | |
Majority Of Users To Stop Using UPI If It Attracts Transaction Fee: SurveyIn August 2022, the Reserve Bank of India (RBI) released a discussion paper proposing a tiered structure charge on UPI payments based on different amount bands.Zee News - Published | |
97.62% Of Rs 2,000 Currency Notes Returned, Says RBIMeanwhile, The Reserve Bank of India has futher said that Rs 2,000 banknotes continue to be legal tender.Zee News - Published | |
Bank holidays in March 2024: Branches to remain closed for 14 days this month; check detailsIn March, both private and public banks in India will be closed for a total of 14 days, following the Reserve Bank of India's holiday schedule across different regions.DNA - Published | |
Why RBI cancelled licence of Sumerpur Mercantile Urban Cooperative BankReserve Bank of India (RBI) has revoked the license of Sumerpur Mercantile Urban Cooperative Bank due to insufficient capital and prospects. The bank's financial framework was found to be inadequate to..IndiaTimes - Published Also reported by •Zee News | |
This billionaire family gets nod to buy Anil Ambani's company once worth nearly Rs 1 lakh crore for just...The troubles for RCap started when the Reserve Bank of India (RBI) stepped in on November 30, 2021.DNA - Published | |
Paytm shares hit fresh upper circuit limit after RBI's advice to NPCIPaytm shares surged 5% in early trade on Tuesday following the Reserve Bank of India's request for the National Payments Corporation of India (NPCI) to explore the option of Paytm Payments Bank..IndiaTimes - Published | |
India among safest in e-pay: MastercardIndia has been recognized as one of the safest countries for online transactions due to the implementation of tokenization by the Reserve Bank of India. Tokenization has significantly reduced fraud and..IndiaTimes - Published | |
RBI fines SBI, Canara, City Union banks for violationsReserve Bank of India (RBI) penalised SBI, Canara Bank, City Union Bank for violating regulations. Fines imposed for various violations including exceeding share capital limits and data rejection...IndiaTimes - Published | |
Vijay Shekhar Sharma steps down as Paytm Bank's chairmanVijay Shekhar Sharma, the founder of Paytm Payments Bank, has resigned as the non-executive chairman of the bank's board, following the Reserve Bank of India's restrictions on the bank's operations...IndiaTimes - Published | Paytm up by 5%, as RBI directs NPCI to review third-party app provider requestsOne97 Communications shares, which operates under the brand name Paytm, hit 5 per cent upper circuit on Monday after the Reserve Bank of India (RBI) issued a directive to the National Payments..IndiaTimes - Published |
Paytm Payments Bank update: RBI announces more steps for UPI customers using @paytm handleThe Reserve Bank of India (RBI) has announced additional measures to ensure smooth digital payments for customers using the @paytm handle. Paytm Payments Bank will no longer accept credits into..IndiaTimes - Published | India: Charting A Legal Course: A Guide To Overseas Investment Regulations For Indian Entities - Clasis LawThe Central Government and the Reserve Bank of India ("RBI") rationalised the legal framework for overseas investments in its entirety and issued:Mondaq - Published |
Inflation expectations may stabilise, edge down going ahead: RBIThe Reserve Bank of India predicts inflation stabilization in India. Retail inflation eased to 5.1% in January. There may be renewed pressures from cereals and proteins. Input cost outlook and selling..IndiaTimes - Published | Get a hassle-free Gold Loan of up to Rs. 2 crore from Bajaj FinanceA last-minute financial need such as a medical emergency or urgent home repairs has the potential to impact one's savings significantly. That is precisely why a Bajaj Finserv Gold Loan, offered at..NewsVoir - Published |
Is Paytm Fastag Account Is Interoperable? How To Deactivate A Paytm Fastag Account; Follow THESE StepsThe Reserve Bank of India (RBI) has clarified that Fastags are not interoperable. Moreover, Fastags issued by Paytm will be ineffective after 15 March, 2024.Zee News - Published | RBI Confirms Paytm QR, Soundbox, Card Machine Usage Post March 15; Parent OCL Shifts Nodal Account To Axis BankPaytm has been steadfast in reassuring both users and merchant partners that the Paytm app and its services will maintain their full functionality. After the Reserve Bank of India (RBI) issued a..Zee News - Published |
'Working On Technical Aspects': Ishan Kishan Skips Ranji Trophy For THIS T20 TournamentThe 25-year-old from Patna, who is currently training with his Mumbai Indians skipper Hardik Pandya in Baroda, is set to make a comeback to competitive cricket for his employers Reserve Bank of India..Zee News - Published | Is Paytm FASTag Closed Or Still Working? Check RBI's New DirectiveFollowing the Reserve Bank of India's directive on January 31, PPBL was instructed to cease accepting deposits or top-ups in customer accounts.Zee News - Published |
Paytm crisis deepens: Brand's name removed from important list of...The road-tolling authority released a list of 32 banks that were authorised to issue new FASTags for vehicles, but Paytm Payments Bank was left off of it, adding fuel to the ongoing controversy..DNA - Published | Big Update For Paytm FASTag Users! Paytm Not In List Of 32 Banks That Can Issue New FASTagsThe Reserve Bank of India had few days ago issued a crucial directive to Paytm Payments Bank (PPBL) ordering the lender to cease taking deposits or top-ups in any user accounts, wallets, FASTTags, and..Zee News - Published |
RBI, Nepal's central bank ink deal for UPI linkThe Reserve Bank of India has struck an agreement with Nepal's central bank to integrate UPI with the country's national payment interface. The signing comes two years after the National Payment..IndiaTimes - Published | ED questions Paytm executives on RBI-flagged 'irregularities'Senior officials from Paytm have appeared before the Enforcement Directorate in connection with suspected irregularities reported by the Reserve Bank of India lately. The regulator had prohibited the..IndiaTimes - Published |
Now, Visa, Mastercard stop business payments via commercial cards after RBI directionsThe Reserve Bank of India (RBI) has directed card networks like Visa and Mastercard to suspend card-based commercial payments made by corporations and small enterprises. Transactions at possible..IndiaTimes - Published | Accidentally Transferred Money To Wrong Number Via UPI? Here's Your SolutionRegulation 8 of the Reserve Bank of India's Ombudsman Scheme for Digital Transactions, 2019 specifies that if the bank fails to reverse the transfer, a complaint can be filed before the OmbudsmanZee News - Published |
No review of curbs on Paytm Bank: RBI governor Shaktikanta DasThe Reserve Bank of India (RBI) on Monday ruled out a reconsideration of its decision to put severe restrictions on Paytm Payments Bank's activity and stated that it will release thorough FAQs this..IndiaTimes - Published | Now, Centre examining FDI from China in Paytm Payments ServicesDays after Reserve Bank of India's (RBI) big crack down on Paytm's Payments Bank, sources said on Sunday that government is now examining foreign direct investments from China in the fintech company's..IndiaTimes - Published |
RBI, government working together to ensure inflation remains in check: Piyush GoyalPiyush Goyal, the minister of commerce and industry, emphasized the coordination between the Reserve Bank of India (RBI) and the government in managing monetary and fiscal policies to keep inflation in..IndiaTimes - Published | Worried about Paytm UPI & FASTag migration? RBI to meet NPCI, NHAI officials to rescue Paytm customersThe Reserve Bank of India (RBI) will hold a meeting with stakeholders, including the National Highways Authority of India (NHAI) and the National Payments Corporation of India (NPCI), to discuss the..IndiaTimes - Published |
Paytm App Not Impacted By Directives, Is Free To Partner With Other Banks, Says RBIThe Reserve Bank of India (RBI) has stated that Paytm App will not be impacted by the recent order issued against Paytm Payment Bank Limited.Zee News - Published | RBI projects 7 pc growth for next financial yearReserve Bank of India (RBI) has projected a GDP growth of 7 percent for the 2024-25 financial year. This projection is slightly lower than the estimated 7.3 percent expansion for the current fiscal..IndiaTimes - Published |
RBI MPC meeting: Why repo rate was kept unchanged at 6.5% - RBI governor Shaktikanta Das explainsRBI MPC Meeting: The Reserve Bank of India (RBI) kept the key policy rate - repo rate- unchanged at 6.5% after the Monetary Policy Committee (MPC) meeting. Monetary policy must continue to be actively..IndiaTimes - Published | Government Confirms No Investigation Or Systemic Stability Concerns: PaytmFinancial Services Secretary Vivek Joshi on Wednesday said it is for the Reserve Bank to deal with the Paytm issue and the government has nothing to do with the matter for now.Zee News - Published |
RBI Monetary Policy February 2024: Will RBI Keep Interest Rate Paused? Know What Experts SayFor a year, the Reserve Bank has kept the repo rate unchanged at 6.5 percent. The benchmark interest rate was last raised in February 2023 to 6.5 percent from 6.25 percent.Zee News - Published | Paytm denies reports on selling its wallet business, calls them speculationsPaytm on Monday denied reports that it is in talks with a few interested investors to sell its wallet business, amid the Reserve Bank of India’s (RBI) ban on the Paytm Payments Bank. Earlier today, a..BGR India - Published |
Paytm wallet business reportedly on sale, Mukesh Ambani’s Jio in talks to acquire itPaytm’s wallet business is reportedly the first victim of the Reserve Bank of India’s (RBI) ban on Paytm Payments Bank. The central bank, for the unversed, announced a ban on Paytm’s Payments..BGR India - Published | CAIT advises traders to switch from Paytm to other payment apps in light of RBI actionMoney laundering concerns and questionable dealings of hundreds of crores of rupees between popular wallet Paytm and its lesser-known banking arm had led Reserve Bank of India to clamp down on tech..IndiaTimes - Published |
Blockfenders and LIST Software Pvt. Ltd. Join Forces to Revolutionize Data Logistics for Cooperative Banking SectorIn response to the Reserve Bank of Indias (RBI) stringent focus on data security for cooperative banks, Blockfenders, a leading data management and operations startup, announces an innovative..NewsVoir - Published | RBI may hold rates this week, a year after last hikeThe Reserve Bank of India (RBI) is anticipated to maintain interest rates following the conclusion of its monetary policy committee's meeting on February 8th. Despite the significant reduction in the..IndiaTimes - Published |
'RBI likely to continue status-quo on short-term lending rate'Experts predict that the Reserve Bank will continue to maintain the pause on the short-term lending rate in its upcoming monetary policy. The benchmark interest rate has been stable at 6.5% for almost..IndiaTimes - Published | Paytm Payments Bank may face ED scrutiny over KYC-linked lapsesThe Enforcement Directorate is considering investigating allegations of KYC-related failures by Paytm Payments Bank, which were reported by the Reserve Bank of India a few months ago. These violations..IndiaTimes - Published |
RBI found thousands of Paytm Payments Bank accounts set up improperly: ReportThe Reserve Bank of India (RBI) is concerned that some of the accounts could have been used for money laundering, the sources said, speaking on condition of anonymity.DNA - Published | Sensex, Nifty cut Paytm daily trading limits to 10% after stock routIndia's leading digital payments firm, Paytm, is grappling with a severe market downturn and regulatory sanctions, as its banking unit faces a crackdown by the Reserve Bank of India (RBI) over grave..IndiaTimes - Published |
Paytm RBI saga shouldn’t worry you, Vijay Shekhar Sharma respondsPaytm’s associate bank, called Paytm Payments Bank, recently received the Reserve Bank of India’s (RBI) directions in response to which Paytm’s Founder and CEO Vijay Shekhar Sharma assured users..BGR India - Published | How to deactivate or port Paytm FASTag amid RBI restrictionsPaytm FASTag, a service that enables cashless toll payments, has been facing some challenges due to the recent regulatory restrictions imposed by the Reserve Bank of India (RBI) on Paytm services. Many..BGR India - Published |
