Search For "reserve bank"
Paytm to remain unaffected by NPCI's UPI market cap move: Experts
Updated : 3 years, 3 months ago IST
Paytm Payments Bank being an issuer and payment service provider bank in itself along with being an acquirer of UPI transactions on its own platform, makes it the source and destination for all of its transactions. So, it effectively serves the customer end-to-end in a transaction.
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India set to overtake China as property investment destination
Updated : 3 years, 4 months ago IST
The property price index has been growing steadily in India in the past few years. The All India House Price Index (HPI) published by the Reserve Bank of India (RBI) grew at an annual rate of 3.5 per cent for the quarter which ended in June (Q1: 2022-23), expanding 1.8 per cent compared w
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RBI imposes Rs 3 lakh penalty on Parwanoo Urban Co-operative Bank
Updated : 3 years, 4 months ago IST
The central bank has said the 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.
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Karnataka has highest installed grid-interactive renewable power capacity
Updated : 3 years, 4 months ago IST
Tamil Nadu, with 15,225 mw, came at the second; Gujarat, with 13,153 mw, was at third position while Maharashtra, with 10,267 mw, was at the fourth, according to Handbook of Statistics on Indian States 2021-22, which was the seventh edition of its statistical publication, released by the Res
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"Remain watchful," RBI Governor's advice to heads of banks amid global hea
Updated : 3 years, 4 months ago IST
RBI Governor Shaktikanta Das acknowledged the crucial role played by the commercial banks in supporting economic growth throughout the turbulent times since the outbreak of the pandemic and the ongoing financial market turmoil.
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IFSCA signs MoU with RBI in the field of regulation, supervision of regula
Updated : 3 years, 4 months ago IST
The MoU facilitates technical cooperation and the exchange of information, according to an official statement from IFSC Authority released on Wednesday.
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RBI Governor-headed committee reviews global, domestic economic situation
Updated : 3 years, 4 months ago IST
During the meeting, major developments in the global and domestic economy as well as in various segments of the financial system were reviewed, a statement from RBI said on Tuesday. It also discussed certain inter-regulatory issues.
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RBI imposes penalties on nine cooperative banks for violating compliances
Updated : 3 years, 4 months ago IST
Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The Jamshedpur Urban Cooperative Bank, Krishna Mercantile Co-operative Bank , Renuka Nagarik Sahakari Bank Maryadit, Jila Sahakari Kendriya Bank Maryadit, Osmanabad Janata Sahakari Bank, The Santra
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Retail inflation to track within RBI's target band by March 2023: Morgan S
Updated : 3 years, 4 months ago IST
Morgan Stanley expects India's retail inflation to moderate to 5.4 per cent in 2023-24 and to 4.8 per cent in 2024-25 from 6.6 per cent in the current financial year 2022-23.
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Rapid growth of urbanisation in India not matched by urban infra developme
Updated : 3 years, 4 months ago IST
In the 'Report on Municipal Finances' by the Reserve Bank of India (RBI) released recently, it said while the size of the municipal budgets in India is much smaller than peers in other countries, revenues are dominated by property tax collections and devolution of taxes and grants from upper
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Customer protection lies at core of microfinance regulation, says RBI Depu
Updated : 3 years, 4 months ago IST
RBI Deputy Governor M. Rajeshwar Rao made the remarks while delivering the keynote address at the launch of MFIN's India Microfinance Review in Mumbai on Friday.
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Cash with public up over 70 pc since demonetization, Congress says the mov
Updated : 3 years, 4 months ago IST
The currency with the public is now over 70 per cent higher than in comparison to that of the initial demonetization period. On November 4, 2016, the currency with the public was reported to be at Rs 17.77 lakh crore.
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