Tag: RBI

Forex Reserves Jump By $2.975 Billion To $619 Billion, Shows Govt Data

For the week ending February 23, the foreign currency assets, a major…

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NEFT Records A High Of 41 Million Transactions In Single Day: RBI

The banking regulator said its NEFT system has registered a growth of…

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RBI Bars JM Financial Products From Financing Against Shares, Debentures

"This action is necessitated due to certain serious deficiencies observed in respect…

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30 Banks Join RBI UDGAM To Search For Recipients Of Unclaimed Deposits

All unclaimed deposits/accounts that are part of the Depositor Education and Awareness…

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Kotak Mahindra Bank Announces Organisational Restructuring At Leadership Level

Bengaluru, NFAPost: Kotak Mahindra Bank Ltd. (“KMBL” / “Bank”) announced new appointments…

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RBI To Introduce Offline Digital Rupee Transactions Soon: Governor Shaktikanta Das

RBI launched a pilot of the retail CBDC in December 2022 and…

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42% Of Indian Kirana Stores Have Already Shifted Away From Paytm: Report

The trust in Paytm has decreased among 68% of Indian Kirana stores…

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Paytm Says It Will ‘Accelerate’ Work With Other Banks To Counter RBI New Guideline

Paytm's parent added that it expects this action to have an impact…

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RBI Restricts Paytm Payments Bank From Fresh Deposits, Credit Transactions

An audit report revealed "persistent non-compliances and continued material supervisory concerns in…

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Govt May Raise Dividend Target To Rs 70k Cr From RBI, Banks, FIs In Budget

The current financial year estimate has already exceeded the Budget target as…

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