Sunday, May 26, 2024

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banking

Canada falls to Halal blackmail: How Raghuram Rajan too wanted to introduce Islamic Banking in India

Recently released repport report by Canadian government read, "Budget 2024 announces that the government is exploring new measures to expand access to alternative financing products, like halal mortgages. This could include changes in the tax treatment of these products or a new regulatory sandbox for financial service providers while ensuring adequate consumer protections are in place."

RBI gives 15-day extension to Paytm Payments Bank, issues FAQ clarifying that Paytm QR, Soundbox and POS terminal linked to other banks will continue...

The Reserve Bank of India on Friday gave a 15-day relaxation to Paytm payments bank on accepting deposits.

“Startups should opt Indian banks as their preferred partners”: Union minister Rajeev Chandrasekhar amid crisis in foreign banks

Union minister Rajeev Chandrasekhar has said that startups should opt Indian banks as their preferred partners

Indian co-operative bank issues statement after some confuse it with ‘defunct’ US-based Silicon Valley Bank

The SVC co-operative bank has a total business of over ₹31,500 crores, 2300 employees and is spread across 11 States in India.

Rahul Gandhi’s fanboy Saket Gokhale thinks bank transfers under DBT cannot happen on a bank holiday. Here is an explainer

The fund transfers under DBT do not take place using RTGS/NEFT systems, and it happens via a direct electronic fund transfer

India Post Payments Bank launches digital payment service DakPay, here is a comprehensive guide on how to use it

DakPay app comes with a suite of digital financial and assisted banking services offered by India post and IPPB using the postal network

Dawood’s financier and Pakistani national Altaf Khanani laundered 14-16 billion USD annually to fund terror and drug cartels: Reports

Altaf Khanani was at an airport in Panama airport during a cover continental operation in 2015. He had been in the Miami prison till recently.

India Post delivers Rs 1,000 crore in cash to account holders, 23 lakh new bank accounts created during the lockdown

Nearly Rs 1,051 crore have been delivered by India Post in as many as 59 lakh transactions during the lockdown period

Banks allowed to defer EMIs by 3 months, cut in repo rate, liquidity injection of Rs 3.74 lakh crores: Highlights of the RBI Governor’s...

The most important notification put out by the RBI on Friday was that a three-month moratorium has been announced on payment of instalments of loans outstanding on March 1, 2020.

Economic growth may have slowed down but there is no recession, there never will be: FM Nirmala Sitharaman

FM Nirmala Sitharaman was speaking at the Short Duration Discussion on Indian economy in the Rajya Sabha

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