Search For "rbi"
India, Singapore to link UPI, PayNow for faster payments
Updated : 4 years, 6 months ago IST
New Delhi [India], September 14 (ANI): The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project to link their fast payment systems -- Unified Payments Interface (UPI) and PayNow.
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Centre announces auction for sale of Rs 26,000 cr govt securities
Updated : 4 years, 6 months ago IST
New Delhi [India], September 13 (ANI): The Centre also announced the sale of '6.10 per cent Government Security, 2031' for a notified amount of Rs 14,000 crore (nominal) through price based auction using a uniform price method; and sale of '6.76 per cent Government Security 2061' for a notif
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RBI cautions against frauds in the name of KYC updation
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 13 (ANI): Banking regulator Reserve Bank of India (RBI) on Monday cautioned people not to share account login details, personal information, copies of KYC documents, card information, PIN, password and OTP with unidentified persons or agencies.
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RBI enhances scope for card-tokenisation services
Updated : 4 years, 6 months ago IST
New Delhi [India], September 8 (ANI): The Reserve Bank of India (RBI) on Tuesday enhanced the guidelines on card tokenisation services to improve the safety and security of the payment system.
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Cashfree launches 'Accounts' to help fintechs build banking services; aims
Updated : 4 years, 6 months ago IST
Bengaluru (Karnataka) [India], September 6 (ANI/PR Newswire): Leading payments company Cashfree today launched its Banking-as-a-service offering 'Accounts' to help neo-banks and fintech platforms quickly integrate banking services into their product. Accounts will allow businesses to offer f
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SC to hear petitions seeking to initiate contempt of court against RBI Gov
Updated : 4 years, 6 months ago IST
New Delhi [India], September 2 (ANI): Supreme Court on Thursday would hear a batch of petitions seeking to initiate contempt of court proceedings against the RBI Governor, Shaktikant Das, Chief Executive of Indian Banks Association (IBA) and others concerned for allegedly flouting the apex c
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RBI imposes Rs 25 lakh penalty on Axis Bank
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector lender Axis Bank for non-compliance with certain provisions of Know Your Customer (KYC) norms.
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Global economy 'not yet out of the woods', warns RBI Governor Shaktikanta
Updated : 4 years, 7 months ago IST
New Delhi [India], August 31 (ANI): Stating that there are signs of recovery, Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday warned that the global economy is "not yet out of the woods" amid the ongoing COVID-19 pandemic.
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Few takers for restructuring 2.0 amid demand recovery: Crisil
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 30 (ANI): Barely one per cent of eligible companies in the portfolio of Crisil Ratings have opted for or are contemplating the debt restructuring facility offered by the Reserve Bank of India (RBI) under its resolution framework 2.0, a survey of 4,700 com
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RBI recognise Small Finance Banks' contribution towards underserved sectio
Updated : 4 years, 7 months ago IST
New Delhi [India], August 27 (ANI): Deputy Governors of Reserve Bank of India (RBI) MK Jain and M Rajeshwar Rao held a discussion with the MD and CEOs of all eleven Small Finance Banks (SFBs) on Friday through video conference and recognised their contribution towards financial inclusion by
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Sitharaman chairs 2nd BRICS Finance Ministers, Central Bank Governors meet
Updated : 4 years, 7 months ago IST
New Delhi [India], August 26 (ANI): Union Minister for Finance and Corporate Affairs Nirmala Sitharaman virtually chaired the second meeting of BRICS Finance Ministers and Central Bank Governors (FMCBG) along with Governor Reserve Bank of India, Shaktikanta Das under Indian BRICS Chairshi
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India Inc credit outlook turns positive, upgrades rise: Crisil
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 21 (ANI): Crisil Ratings has revised the credit quality outlook of India Inc for fiscal 2022 to positive from cautiously optimistic earlier, predicated on a sustained recovery in demand after the blip caused by the second wave of Covid-19 afflictions in the
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