Search For "rbi"
Amit Shah to inaugurate Umbrella Organisation for Urban Cooperative Bankin
Updated : 2 years, 1 month ago IST
Union Home Minister Amit Shah, who also holds the portfolio of the Cooperation Ministry will inaugurate the umbrella organisation for the urban cooperative banking sector on March 2 in New Delhi.
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India's forex reserves decline USD 5.2 billion to come off 1-month high
Updated : 2 years, 1 month ago IST
India's foreign exchange reserves declined by USD 5.240 billion to USD 617.230 billion in the week that ended on February 9, 2024, thereby coming off a month high it hit the prior week, the latest data released by the Reserve Bank of India showed.
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Paytm QR, Soundbox, Card machines to work beyond March 15, says company in
Updated : 2 years, 1 month ago IST
Fintech giant Paytm in its filing with the NSE and BSE on Friday confirmed that the Paytm app, including its Made-in-India All-in-One QR Code, Soundbox, and Card Machine, will continue to operate seamlessly even after March 15, 2024.
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Paytm QR, Soundbox and EDC to continue to work, says RBI as it issues FAQs
Updated : 2 years, 1 month ago IST
The Reserve Bank of India on Friday gave a 15-day relaxation to Paytm payments bank on accepting deposits. The last date will now be March 15 from the earlier date of February 29.
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RBI gives 15 days relaxation to Paytm Payments bank, says Paytm QR, soundb
Updated : 2 years, 1 month ago IST
"Keeping in view the interest of customers (including merchants) of PPBL who may require a little more time to make alternative arrangements and the larger public interest, the following Directions are issued by the Reserve Bank of India under section 35A of the Banking Regulation Act, 19
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RBI asks card network to restrain unauthorised commercial payment system
Updated : 2 years, 1 month ago IST
The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable businesses to make card payments through certain intermediaries, to entities that do not accept card payments.
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RBI, Nepal's Central Bank sign terms for UPI-NPI integration
Updated : 2 years, 1 month ago IST
The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers, the RBI said in a press release.
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Reserve Bank of India penalizes Pusad Urban Co-operative Bank Ltd. for non
Updated : 2 years, 1 month ago IST
According to a press release, the penalty was levied due to the bank's failure to comply with RBI directives concerning 'Income Recognition, Asset Classification, Provisioning, and Other Related Matters.'
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Sitharaman addresses RBI directors, discusses thrust areas of Union Budget
Updated : 2 years, 1 month ago IST
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman addressed a meeting of the Central Board of Directors of the Reserve Bank of India (RBI) on Monday and discussed the thrust areas of the Union Budget.
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"RBI played significant role in widespread adoption of UPI": RBI Governor
Updated : 2 years, 1 month ago IST
Governor Das stated, "If you examine our track record over the past several years, the RBI has played a significant role in the widespread adoption of UPI. We have also introduced a regulatory sandbox, allowing for the trial of new and innovative ideas, technologies, or fintech applicatio
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"No review of decision on Paytm Payments Bank" says RBI Chief Shaktikanta
Updated : 2 years, 1 month ago IST
The RBI which has received several queries and clarifications on the issue of Paytm Payments Banks reiterated that it will issue a list of FAQs soon on this issue.
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Kerala Govt counters Union Government's claim, says Centre accounts approx
Updated : 2 years, 1 month ago IST
Countering the submission made by the Union Government in its affidavit, the Kerala Government said that Central Government accounts for approximately 60 per cent of the total debt or outstanding liabilities of India.
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