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Paytm shares slump 13 per cent after RBI's restrictions on payments bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI): Share price of Paytm's parent company, One 97 Communications Ltd, slumped by around 13 per cent to hit an all-time low on Monday after the Reserve Bank of India (RBI) barred Paytm Payments Bank from onboarding new customers.
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Indian equities rally for 5th day; Sensex surges 936 points
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI): The Indian equities markets key indices rallied for the fifth consecutive session on Monday with benchmark Sensex gaining nearly 2 per cent led by strong buying support in banking, IT, and auto stocks.
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HDFC Bank surges 3.25 per cent after RBI lifts restrictions from the bank'
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI): The share price of HDFC Bank surged 3.25 per cent on Monday after the Reserve Bank of India (RBI) lifted all the restrictions imposed on the lender regarding its business-generating activities under a programme called Digital 2.0.
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RBI lifts restrictions on HDFC Bank's new digital launches
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 12 (ANI): HDFC Bank on Saturday said the Reserve Bank of India (RBI) has lifted all the restrictions imposed on the lender regarding its business-generating activities under a programme called Digital 2.0.
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India's forex reserves rise by $394 million to $631.92 billion
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 12 (ANI): India's foreign exchange (forex) reserves rose by $394 million to $631.92 billion in the week ended March 4 led by a sharp jump in foreign currency assets, the Reserve Bank of India (RBI) data showed.
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Alpino Health Foods, a Shark Tank brand, raises funds through revenue base
Updated : 4 years ago IST
Bangalore (Karnataka) [India], March 12 (ANI/NewsVoir): Alpino Health Foods, the brand of healthy breakfast food products, announced today that it has raised an undisclosed amount in a Revenue Based Financing round from patron investors on the Klub platform. A part of this fund will be dedic
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RBI bars Paytm Payments Bank from onboarding new customers
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 11 (ANI): The Reserve Bank of India (RBI) on Friday said it has banned Paytm Payments Bank from onboarding new customers with immediate effect.
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Banks should not use public deposits to finance risky projects, says forme
Updated : 4 years ago IST
New Delhi [India], March 10 (ANI): Projects with implementation risks should normally be financed by the capital markets and not by banks using public deposits, N S Vishwanathan, Former Deputy Governor, Reserve Bank of India, said on Thursday.
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RBI says it has not authorised any third party for collecting fees for gri
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 9 (ANI): The Reserve Bank of India (RBI) said on Wednesday that it has not authorized any third party for providing support in grievance redressal of the central bank's regulated entities, as claimed in messages being spread through certain sections of the
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UEFA Champions League: Lewandowski's hat-trick inspires Munich 7-1 rout ag
Updated : 4 years ago IST
Munich [Germany], March 9 (ANI): Bayern Munich were at their clinical best as they blew RB Salzburg away in the UEFA Champions League round of 16-second leg on Tuesday, Robert Lewandowski scoring the first three of their seven goals.
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RBI launches UPI service for feature phones
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 8 (ANI): The Reserve Bank of India (RBI) on Tuesday launched a unified payments interface (UPI) service for feature phones, a move which is expected to give a big boost to digital payment adoption in the country.
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PM Modi to address webinar on 'Financing for growth and aspirational econo
Updated : 4 years ago IST
New Delhi [India], March 6 (ANI): Prime Minister Narendra Modi will deliver a special address during the inaugural session of a webinar by the Ministry of Finance titled 'Financing for growth and aspirational economy' on March 8.
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