Search For "reserve bank"
RBI imposes monetary penalty on Visakhapatnam Co-operative Bank
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 29 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 55 lakh on Visakhapatnam Co-operative Bank Ltd for violation of directions related to asset classification.
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Rupee Co-operative Bank will cease to carry on banking business from Sept
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 27 (ANI): Pune-based Rupee Co-operative Bank Limited will cease to carry on banking business from September 22, 2022, the Reserve Bank of India (RBI) has said.
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US calls for bolstering supply chain resiliency with trusted partners like
Updated : 3 years, 6 months ago IST
New Delhi [India], August 27 (ANI): US Deputy Treasury Secretary Wally Adeyemo has called for the bolstering of supply chain resiliency between "trusted partners" like the United States and India to maintain a free and open Indo-Pacific.
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Central Board of Directors of RBI meets in Jaipur
Updated : 3 years, 6 months ago IST
Jaipur (Rajasthan) [India], August 26 (ANI): The 597th meeting of the Central Board of Directors of the Reserve Bank of India was held on Friday at its regional office in Jaipur under the chairmanship of Governor Shaktikanta Das.
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BharatPe expands footprint to 400 cities across India: Reaches all-time hi
Updated : 3 years, 6 months ago IST
New Delhi [India], August 26 (ANI/PRNewswire): BharatPe, one of India's leading fintech companies for merchants, today announced that it has expanded its footprint to 400 towns and cities across India. The expansion is in line with the company's commitment to driving financial inclusion acro
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US Treasury official reaffirms deep economic ties with India, highlights o
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 26 (ANI): A top US Treasury official has reaffirmed the deep economic ties between the United States and India and highlighted opportunities for working together to address shared global challenges like high and volatile energy prices.
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Strong economic growth gives RBI more room to hike interest rates: Report
Updated : 3 years, 6 months ago IST
New Delhi [India], August 25 (ANI): Strong growth prospects for the Indian economy will provide the Reserve Bank of India (RBI) with more room for further interest rate hikes, DBS Group Research said in a report on Thursday.
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American Express welcomes RBI move to lift restrictions, says India key st
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 24 (ANI): After the Reserve Bank of India (RBI) lifted curbs on American Express Banking Corp enabling it to onboard new domestic customers, the financial services company on Wednesday said the move of India's central bank is the result of the company's s
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RBI lifts curb on American Express, allows onboarding new customers
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 24 (ANI): Reserve Bank of India (RBI) on Wednesday lifted restrictions on American Express Banking Corp. With the lifting of the ban, American Express will now be able to add new customers in India to its card network.
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RBI bars Kerala-based Thodupuzha Urban Co-operative Bank from accepting de
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 24 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has barred Kerala-based Thodupuzha Urban Co-operative Bank Ltd from offering basic services like granting any loans and advances or making any investment or acceptance of fresh deposits.
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US Treasury official to start India visit today
Updated : 3 years, 7 months ago IST
New Delhi [India], August 24 (ANI): US Treasury Deputy Secretary Wally Adeyemo is set to start his three-day visit to India on Wednesday during which talks will be held on economic and security issues between the two countries.
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Tokenisation of debit, credit cards by September; here's what it means for
Updated : 3 years, 7 months ago IST
New Delhi [India], August 23 (ANI): The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. This added layer of security by way of tokenisation
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