Search For "the reserve bank of india"
PayGlocal gets RBI nod to operate as an online merchant payments company
Updated : 1 year, 6 months ago IST
Bengaluru (Karnataka) [India], September 10: PayGlocal, a leading cross-border payment solutions provider, is thrilled to announce that it has received final authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator. This significant milestone allows PayGl
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RBI imposes penalties on three housing finance companies for non-complianc
Updated : 1 year, 6 months ago IST
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies for non-compliance with directions of RBI on housing finance companies.
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RBI board reviews global and domestic economic scenario, outlook
Updated : 1 year, 6 months ago IST
The Board also reviewed various areas of operations of the Reserve Bank of India, including the functioning of Local Boards and activities of select Central Office Departments.
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Chennai based Fintech Paysharp has received final authorisation from the R
Updated : 1 year, 6 months ago IST
New Delhi [India], September 2: Paysharp is an existing PA, which received RBI final authorisation on 30th August 2024 Friday followed by the in-principal PA license on December 2022. Paysharp is a 5 years old startup, raised two rounds of funding sum of 23 crores, last funding round was on
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India's foreign exchange reserve touches fresh high of USD 681.7 billion
Updated : 1 year, 6 months ago IST
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
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After UPI, RBI will now launch Unified Lending Interface or ULI for fricti
Updated : 1 year, 7 months ago IST
The technology platform for providing "frictionless credit" launched by the Reserve Bank of India (RBI) last year as a pilot project will be introduced nationwide soon, said Reserve Banks of India Governor, Shaktikanta Das on Monday.
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AI integration in finance sector unlocks new opportunities: Shaktikanta Da
Updated : 1 year, 7 months ago IST
Integration of artificial intelligence (AI) into financial services brings significant opportunities for all stakeholders, the Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday.
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IndusInd bank shares up 2.6 pc, lender received RBI approval for AUM busin
Updated : 1 year, 7 months ago IST
The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary for undertaking the asset management business of Mutual Funds, the bank informed the exchange in a filing.
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RBI says demand conditions in Indian economy are gathering momentum
Updated : 1 year, 7 months ago IST
The demand conditions in the economy are gathering momentum after some slack in the first quarter of 2024-25, the Reserve Bank of India said in its monthly bulletin of August 2024.
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Housing finance companies unlikely to face difficulty in complying with re
Updated : 1 year, 7 months ago IST
Deposit-taking housing finance companies (HFCs) are unlikely to face difficulty in complying with the Reserve Bank of India's (RBI) revised norms for raising public deposits issued on August 12, 2024, said Crisil Ratings.
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RBI regional director meets Himachal CM, discusses state's banking sector
Updated : 1 year, 7 months ago IST
The Regional Director of the Reserve Bank of India Anupam Kishore called on Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu in the state's capital Shimla.
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RBI expected to begin rate cuts in October, with two reductions this fisca
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
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