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Saffronart and SD Corp Successfully Presented the Timeless Legacy of India
Updated : 8 years, 4 months ago IST
Mumbai [India], Nov 1 (ANI-BusinessWireIndia): Did you know that the 5th largest diamond in the world sits quietly in the vault of the RBI? Known as the Jacob diamond, it was bought by the 6thNizam of Hyderabad in 1981. The diamond was sold by a dealer named Alexander Malcolm Jacob, a man ru
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Govt. of India announces sale of floating rate bonds
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 30 (ANI): The Government of India has announced the sale (re-issue) of several floating rate bonds. The auctions will be conducted by the Reserve Bank of India (RBI) on November 3.
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Paytm ramps up KYC customer acquisition; adds over 120,000 physical KYC po
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 25 (ANI): Payments and commerce platform Paytm has announced addition of more than 120,000 physical KYC points across India in line with the RBI's new guidelines that mandate all Prepaid Instruments (PPIs) including mobile wallets to ensure their customers are KYC-ena
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Here are 7 hacks before buying foreign currency in India
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 23 (ANI): More and more Indians are travelling abroad, and are amongst the highest spenders on their international trips. Recent studies have shown that the number of Indian tourists travelling abroad is increasing by 25 percent on a year-on-year basis and that Indian
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IndusInd Bank launches Cobrand App with MobiKwik
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 23 (ANI): IndusInd Bank in association with MobiKwik, India's largest issuer-independent digital financial services platform, has launched a co-branded wallet 'IndusInd Mobikwik'. The wallet allows IndusInd Bank customers to pay at the 2 million strong MobiKwik mercha
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Linking bank accounts to Aadhaar mandatory, confirms RBI
Updated : 8 years, 4 months ago IST
New Delhi (India), Oct 21 (ANI): The Reserve Bank of India (RBI) on Saturday confirmed that it is mandatory to link bank accounts to Aadhaar.
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Govt incentivises online purchase, payment of Gold Bonds
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 21 (ANI): In a bid to fuel the ongoing digitisation drive, the Government of India in consultation with the Reserve Bank of India (RBI) announced a discount on the purchase of Sovereign Gold Bonds, if made online and paid digitally.
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Fresh funding to enable LenDenClub meet capital requirement set by RBI
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 18 (ANI): After a successful growth stint in the past six months, LenDenClub, a P2P lending platform is looking to meet the capital requirement set by the Reserve Bank of India (RBI) regulations, banking on the newly secured capital which is being used to enhance the
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Peer to peer lending now needs NBFC registration
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 13 (ANI-NewsVoir): Finally, after more than one year of uncertainty about peer-to-peer lending startups regulations. The Reserve Bank of India (RBI), in a gazette notification, stated that after confirming its necessity, peer-to-peer lending startups have been identifi
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Increasing FDI inflow testament to global confidence in Indian economy: Ja
Updated : 8 years, 5 months ago IST
Washington D.C. [USA], Oct. 13 (ANI): Union Finance Minister Arun Jaitley has stated that the Foreign Direct Investment (FDI) flows to India have increased in 2016-17, over that in 2015-16, indicating improve in the global confidence of the economy.
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Shiv Sena calls out BJP's contradictory opinion on demonetization
Updated : 8 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 10 (ANI): The Shiv Sena has called out the Bharatiya Janata Party (BJP) for its ministers' contradictory opinions on demonetisation, a day after Union Minister Nitin Gadkari said that the poor were "hit hard" by the decision.
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RBI guidelines in P2P lending to enable better transparency
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 9 (ANI): The guidelines introduced by the Reserve Bank of India (RBI) on P2P lending will bring a greater degree of transparency and seriousness to the sector, according to the exporters.
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