Search For "reserve bank of india"
Paytm QR, Soundbox, Card machines to work beyond March 15, says company in
Updated : 2 years, 4 months 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, 4 months 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, 4 months 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, 4 months 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, 4 months 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, 4 months 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, 4 months 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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India's forex reserves at 1-month high of USD 622.47 billion
Updated : 2 years, 4 months ago IST
India's foreign exchange reserves rose by USD 5.736 billion to USD 622.469 billion in the week that ended on February 2, 2024, the latest data released by the Reserve Bank of India showed.
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RBI imposes Rs 43.30 lakh penalty on Zoroastrian Co-operative Bank
Updated : 2 years, 4 months ago IST
The Reserve Bank of India (RBI) said on Thursday that it has imposed a monetary penalty of Rs 43.30 lakh on Zoroastrian Co-operative Bank Ltd for violating the rules.
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RBI imposes monetary penalty of over Rs 63 lakh on Bombay Mercantile Co-op
Updated : 2 years, 4 months ago IST
The RBI, in an official statement, said that this action is based on a deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
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RBI imposes monetary penalty on Nakodar Hindu Urban Cooperative Bank for v
Updated : 2 years, 4 months ago IST
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, the RBI said.
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Action against Paytm bank was in customers' interest: RBI
Updated : 2 years, 4 months ago IST
Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including certain restrictions it imposed on Paytm's associate bank, are in the best interest of the public.
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