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RBI
What happened to Kotak Mahindra Bank? RBI orders it to stop issuing credit cards and onboarding new online customers: Here is what it means
RBI bars Kotak Mahindra Bank from onboarding new customers through online, mobile banking; issuing new credit cards
‘Pranab Mukherjee, P Chidambaram pressured RBI to present rosier growth picture’, ex-RBI Governor D Subbarao makes shocking revelations
Subbarao alleged that the finance ministry, led by Pranab Mukherjee, and P Chidambaram, pressed the RBI to lower interest rates and create a more positive picture of development to boost the confidence of people in the government.
India’s foreign exchange reserves cross $636 Billion, at over two-year high
ANI -
Forex reserves or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
‘FedEx courier’ scam in Bengaluru: Tech company CEO loses Rs 2.3 crores to fraudsters claiming to be Mumbai Crime Branch officers
The unknown caller told the victim that they were calling from FedEx Mumbai and they repeated his name, Aadhar number, and mobile number to confirm his identity.
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...
ANI -
The Reserve Bank of India on Friday gave a 15-day relaxation to Paytm payments bank on accepting deposits.
Persistent non-compliance: RBI explains why they took action against PayTM Bank
Speaking about RBI’s order against Paytm Payments Bank (PPB), RBI deputy governor Swaminathan J explained that the action was taken only after giving the firm sufficient time to comply
Trader’s body CAIT advises traders to switch from Paytm to other payment apps following RBI’s order against Paytm Payments Bank
"CAIT believes that if there is any evidence of fund irregularities, the Enforcement Directorate (ED) should investigate Paytm Payment Bank," the release added.
Is Raghuram Rajan the ‘disease’ or a symptom of a wider disease: Defining the Woke problem and what the solution can be
Ganesh R -
Only Raghuram Rajan himself can explain the reasons and motives, I can only speculate. My guess is, that he is desperate to become India’s next PM if not FM
Did Raghuram Rajan casually lie about his salary? Former RBI governor claims his annual salary in office was Rs 4 lakhs
In a podcast with YouTuber Raj Shaman, Raghuram Rajan claimed his annual salary as the RBI Governor was Rs 4 lakhs.
This will be a game changer for the payments industry: Payments Council of India welcomes RBI allowing tokenisation of cards through banks
ANI -
The Payments Council of India (PCI), a representative body of the non-banking payment industry in India, welcomed the RBI's move to enable the issuing of tokens for cards via internet and commercial banks.
