Search For "reserve bank"
Blockfenders and LIST Software Pvt. Ltd. Join Forces to Revolutionize Data
Updated : 2 years, 1 month ago IST
Pune (Maharashtra) [India], February 5: In response to the Reserve Bank of India's (RBI) stringent focus on data security for cooperative banks, Blockfenders, a leading data management and operations startup, announces an innovative collaboration with LIST Software Pvt. Ltd., a leading provi
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Nium Secures In-Principal Approval from RBI for the Payment Aggregator Lic
Updated : 2 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 5: Nium, the leader in real-time global payments, proudly announces it has received in principle approval from the Reserve Bank of India for two prestigious payment licences - the Prepaid Payment Instrument (PPI) Licence and the Payment Aggregator (PA)
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Expect RBI to again pause repo rate in February policy meeting: SBI Resear
Updated : 2 years, 1 month ago IST
The Monetary Policy Committee of the Reserve Bank of India (RBI) in its February review meeting is expected to again put a pause on the repo rate, according to SBI Research.
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Independent institutions in India being vitiated under 'electoral autocrac
Updated : 2 years, 1 month ago IST
"The institutions are those that give body and strength to our democracy, whether it's parliament, whether it's an independent election commission, whether it's the information commission or the Reserve Bank of India. All of these institutions have found their independence vitiated," Tharoor
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RBI imposes monetary penalty on Bajaj Housing Finance Limited for non-comp
Updated : 2 years, 1 month ago IST
The Reserve Bank of India has imposed a monetary penalty of Rs 5 lakh on Bajaj Housing Finance Limited, Pune for non-compliance with certain provisions.
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RBI's directive only affects Paytm Payments Bank, not Paytm App
Updated : 2 years, 1 month ago IST
Paytm, the pioneer of QR and mobile payments in India, has said that its app is working and will continue to work after February 29 as well, adding that the directive issued by the Reserve Bank of India (RBI) will affect only its associate bank and not the fintech company.
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Singapore-Based Financial Group Fingular Specializing in Digital Financial
Updated : 2 years, 1 month ago IST
Singapore, February 1: Fingular, a Singapore-based financial group that focuses on serving the aspiring population of developing markets, is pleased to announce the launch of its fully digital financial services in the Indian market under the brand name TrustPaisa in partnership with its loc
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Delhi HC seeks Centre's response on PIL against menace of cyber crimes
Updated : 2 years, 1 month ago IST
The bench of Justice Manmohan and Justice Manmeet Pritam Singh Arora issued notice to the Ministry of Home Affairs, Government of NCT Delhi, Reserve Bank of India and Delhi Police and listed the matter for March 19, 2024.
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RBI imposes penalty on Mula Sahakari Bank Limited in Maharashtra's Ahmedna
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) has imposed a penalty of Rs 50,000 on Mula Sahakari Bank Limited, Sonai, district Ahmednagar, Maharashtra for non-compliance with the directions issued by the RBI.
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RBI slaps Rs 50,000 penalty on Bhilai Nagrik Sahakari Bank Maryadit in Chh
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) has, by an order dated January 8, 2024, imposed a penalty of Rs 50,000 on Bhilai Nagrik Sahakari Bank Maryadit, Bhilai, Chhattisgarh (the bank) for non-compliance with the directions issued by RBI on 'Know Your Customer (KYC) Direction, 2016'.
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India's foreign exchange reserves decline by USD 2.8 billion
Updated : 2 years, 1 month ago IST
Forex reserves or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
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At Davos, RBI Governor says digital currency will make cross border paymen
Updated : 2 years, 2 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and fast, in addition to being cost-effective.
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