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Fintech system in India has evolved, poised for giant leap: Shaktikanta Da
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 20 (ANI): Reserve Bank of India Governor Shaktikanta Das has said the fintech system in India has evolved and is poised for a giant leap.
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RBI committed to support innovation in fintech: Shaktikanta Das
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 20 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday the central bank is committed to support innovation in fintech sector while keeping in mind consumer protection.
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Tata Capital Home Balance Transfers, What you need to know
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 20 (ANI/BusinessWire India): Tata Capital's Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home balance transfer process. You can now move your home loans from other financial institutes
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Morgan Stanley expects 50 bps repo rate hike in next RBI policy meet
Updated : 3 years, 6 months ago IST
New Delhi [India], September 19 (ANI): Faced with sticky inflation and a continued hawkish stance by various central banks, the Reserve Bank of India is likely to raise repo rates by another 50 basis points with an unchanged policy stance when it meets for the next monetary review, global in
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RBI will take responsible steps to keep inflation in reasonable range: Eco
Updated : 3 years, 6 months ago IST
New Delhi [India], September 17 (ANI): The Reserve Bank of India's Monetary Policy Committee (MPC) will take responsible steps to keep inflation in a reasonable range, said Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister.
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India's forex reserves drop by $2.23 billion, hit lowest level in 2 years
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 17 (ANI): India's foreign exchange (forex) reserves dropped by $2.234 billion to $550.871 billion for the week ended September 9, the lowest level in two years, the Reserve Bank of India (RBI) data showed.
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SBI not a nodal bank for rupee trade with Russia, but just processing bank
Updated : 3 years, 6 months ago IST
New Delhi [India], September 16 (ANI): Banking major State Bank of India has clarified it is just making necessary arrangements and processing requests that were received from various banks, including Russian banks, for settlement of trade in rupees with proper RBI guidelines and other polic
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Retail inflation rises to 7 per cent in August on high food prices
Updated : 3 years, 6 months ago IST
New Delhi [India], September 12 (ANI): India's retail inflation rose to 7 per cent in August from 6.71 per cent in the previous month due to a sharp rise in food prices, as per the government data released on Monday.
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RBI imposes monetary penalty on Indiabulls Commercial Credit Limited
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.35 lakh on Indiabulls Commercial Credit Limited for non-compliance with certain KYC-related provisions.
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Lyra Network India receives in-principle approval from the Reserve Bank of
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI/PNN): Lyra Network Private Limited, a fintech and paytech solutions platform, has received approval from the Reserve Bank of India (RBI) for Payment Aggregator (PA) Authorization.
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India's forex reserves dip by $7.94 billion; hit the lowest level in 23 mo
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 10 (ANI): India's foreign exchange (forex) reserves slumped by $7.941 billion to $553.105 billion for the week ended September 2, the lowest level in almost two years, the Reserve Bank of India (RBI) data showed.
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Govt outlines multiple steps to prevent operations of illegal loan apps
Updated : 3 years, 6 months ago IST
New Delhi [India], September 9 (ANI): Union Finance Minister Nirmala Sitharaman, in a meeting with secretaries and top RBI officials, has outlined multiple steps to prevent operations of illegal loan apps that work outside the regular banking channels.
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