Search For "reserve bank of india"
PayU and VTEX join hands to offer merchants multiple local payment methods
Updated : 4 years, 4 months ago IST
New Delhi [India], March 3 (ANI/PR Newswire): PayU has collaborated with VTEX, one of the largest global digital commerce platforms, to offer multiple payment solutions to VTEX merchants. The unique integration by VTEX to support their merchants in India will provide businesses seamless acce
Read More
RBI cancels licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakar
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], March 2 (ANI): The Reserve Bank of India (RBI) said on Wednesday that it has cancelled the licence of Maharashtra-based Sarjeraodada Naik Shirala Sahakari Bank Limited as it has failed to comply with the regulations and does not have "adequate capital and earnin
Read More
India, Japan renew bilateral swap arrangement
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 28 (ANI): India and Japan have renewed bilateral swap arrangement under which the two countries can swap their local currencies in exchange for the US Dollar, the Reserve Bank of India (RBI) said on Monday.
Read More
India's Forex reserves rise by USD 2.76 billion to USD 632.95 billion
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 26 (ANI): India's foreign exchange (forex) reserves rose by USD 2.762 billion to USD 632.952 billion for the week ended February 18, led by a sharp jump in the value of gold reserves, the Reserve Bank of India (RBI) data showed.
Read More
Bombay HC directs RBI to allow petitioner to exchange demonetized notes wo
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 25 (ANI): The Bombay High Court on Friday directed the Reserve Bank of India (RBI) to allow a petitioner, Kishor Sohoni to exchange Rs 1.6 lakhs worth of demonetised notes.
Read More
RBI cancels Certificate of Registration of PC Financial Services Pvt Ltd
Updated : 4 years, 4 months ago IST
New Delhi [India], February 24 (ANI): Reserve Bank of India on Thursday cancelled the Certificate of Registration of PC Financial Services Pvt Ltd, Delhi for violation of RBI directions on outsourcing and Know Your Customer norms.
Read More
sRide car-pooling app offers services without required approval: RBI
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 22 (ANI): The Reserve Bank of India (RBI) on Tuesday cautioned the public against sRide car-pooling app saying the tech firm offers semi-closed (non-closed) pre-paid instrument (wallet) services without authorisation from the central bank.
Read More
RBI imposes monetary penalty on Jammu and Kashmir-based cooperative bank
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 21 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 2 lakh on Baramulla Central Cooperative Bank Limited, Jammu and Kashmir, for violation of regulations related to acceptance of fresh deposits.
Read More
India's Forex reserves decline by $1.76 billion to $630.19 billion
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 19 (ANI): India's foreign exchange (forex) reserves declined by $1.763 billion to $630.19 billion in the week ended February 11 due to a sharp drop in the value of foreign currency assets, the Reserve Bank of India (RBI) data showed.
Read More
Government, RBI working with complete harmony in the interest of the Natio
Updated : 4 years, 4 months ago IST
New Delhi [India], February 14 (ANI): Finance Ministry and Reserve Bank of India (RBI) are partners, not just on crypto but also on every other thing as well, I think there's complete harmony with which we're working, respecting each other's domain also knowing what we've to do with each
Read More
Cryptocurrencies are worse than Ponzi schemes, says RBI Deputy Governor
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 14 (ANI): Cryptocurrencies have specifically been developed to bypass the regulated financial system and it is akin to or even worse than Ponzi schemes, Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar said on Monday.
Read More
Retail inflation crosses RBI's tolerance limit, hits 6.01 per cent in Janu
Updated : 4 years, 4 months ago IST
New Delhi [India], February 14 (ANI): India's retail inflation rose to 6.01 per cent in January, crossing the upper limit of the Reserve Bank of India (RBI) tolerance band for the first time in seven months, the government data showed on Monday.
Read More