Paytm QR, Soundbox, Card machines to work beyond March 15

Fintech giant Paytm in its filing with the NSE and BSE on Friday confirmed that the Paytm app, including its...

Paytm QR, Soundbox and EDC to continue to work, says RBI

The Reserve Bank of India on Friday gave a 15-day relaxation to Paytm payments bank on accepting deposits. The...

RBI gives 15-day relaxation to Paytm Payments bank

"Keeping in view the interest of customers (including merchants) of PPBL who may require a little more time to...

RBI asks card network to restrain unauthorised commercial payment

The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable businesses to...

RBI, Nepal's Central Bank sign terms for UPI-NPI integration

The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the...

RBI penalizes Pusad Urban Co-operative Bank Ltd.

According to a press release, the penalty was levied due to the bank's failure to comply with RBI directives...

FM addresses 606th RBI Central Board of Directors meet

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman addressed a meeting of the Central Board of...

India's forex reserves at 1-month high of USD 622.47 billion

India's foreign exchange reserves rose by USD 5.736 billion to USD 622.469 billion in the week that ended on...

RBI imposes Rs 43.30 lac penalty on Zoroastrian Co-operative Bank

The Reserve Bank of India (RBI) said on Thursday that it has imposed a monetary penalty of Rs 43.30 lakh on...

RBI imposes monetary penalty of over Rs 63 lakh on Bombay Mercant

The RBI, in an official statement, said that this action is based on a deficiency in regulatory compliance and is...

RBI imposes monetary penalty on Nakodar Hindu Urban Coop Bank

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of...

Action against Paytm bank was in customers’ interest: RBI

Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including certain...