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ED attaches Rs 72.32 cr of Kudos Finance, its fintech partner firms in mon
Updated : 4 years, 2 months ago IST
New Delhi [India], January 12 (ANI): The Enforcement Directorate (ED) has attached Rs 72.32 crore lying in various bank accounts and payment gateway accounts of Kudos Finance and Investments Pvt Ltd, an Indian Non-Banking Financial Company (NBFC), and its various fintech partner companies
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HDFC Bank goes live for customs duty payments
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 7 (ANI/BusinessWire India): HDFC Bank today announced that its integration with Central Board of Indirect Taxes and Customs (CBIC) ICEGATE platform has gone live. With this, the Bank will offer customers the convenience of directly paying Customs Duty by
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Deepak Kumar, Ajay Kumar Choudhary appointed as new executive directors of
Updated : 4 years, 2 months ago IST
New Delhi [India], January 5 (ANI): The Reserve Bank of India (RBI) has appointed Ajay Kumar Choudhary and Deepak Kumar as the new executive directors (ED).
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RBI releases framework for facilitating small value digital payments in of
Updated : 4 years, 2 months ago IST
Mumbai [India], January 3 (ANI): The Reserve Bank of India (RBI) on Monday released 'framework for facilitating small value digital payments in offline mode'. The central bank has put the framework on its website.
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ATM cash withdrawal beyond permissible limit gets costlier by Re 1
Updated : 4 years, 2 months ago IST
New Delhi [India], January 1 (ANI): Bank customers are now required to pay one rupee more on each ATM transaction done beyond the permissible limit of free transactions.
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SATYA MicroCapital reaches Rs. 2000 cr. Assets under Management
Updated : 4 years, 2 months ago IST
New Delhi [India], December 31 (ANI/NewsVoir): Despite of confronting various challenges posed by pandemic, SATYA MicroCapital Ltd., RBI registered NBFC-MFIs has once again proved that nothing can deter the organization from achieving remarkable growth.
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NRIs, OCIs don't require prior approval to buy immovable property in India
Updated : 4 years, 2 months ago IST
Mumbai [India], December 29 (ANI): Non-Resident Indians (NRIs) and Overseas Citizen of India (OCIs) do not require prior approval of the Reserve Bank of India (RBI) for buying or selling immovable properties like houses in India, the central bank said on Wednesday.
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Inflation, Omicron major risks to Indian economy: RBI
Updated : 4 years, 2 months ago IST
Mumbai [India], December 29 (ANI): Inflation and COVID-19 new variant Omicron pose major challenges to the Indian economy, the Reserve Bank of India (RBI) said on Wednesday.
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Banks' gross NPAs may rise to 9.5 per cent in Sept 2022: RBI
Updated : 4 years, 2 months ago IST
Mumbai [India], December 29 (ANI): The gross non-performing asset (GNPA) ratio of scheduled commercial banks is likely to increase to 9.5 per cent in September 2022 from 6.9 per cent in September 2021 in a severe stress scenario, the Reserve Bank of India (RBI) said on Wednesday.
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Nascent signs of recovery visible in Bank credit growth: RBI
Updated : 4 years, 2 months ago IST
Mumbai [India], December 28 (ANI): The consolidated balance sheet of scheduled commercial banks expanded in size during 2020-21 despite the contraction in economic activity due to the COVID-19 pandemic, according to 'Report on Trend and Progress of Banking in India 2020-21' released by the R
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RISE WPU expects EdTech sector to continue driving new-age courses for ups
Updated : 4 years, 2 months ago IST
Pune (Maharashtra) [India], December 28 (ANI/NewsVoir): The Indian EdTech sector has continued to thrive in 2021.
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RBL Bank slumps 20 pc on leadership changes
Updated : 4 years, 2 months ago IST
Mumbai [India], December 27 (ANI): The share price of RBL Bank slumped 20 per cent hitting the lower circuit limit on Monday after its MD & CEO Vishwavir Ahuja went on "medical leave" and the Reserve Bank of India (RBI) appointed Yogesh Dayal as an additional director on the bank's board
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