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RBI brings 100 tonnes of gold back home: From ‘secret sales’ in the 90s, India under Modi has come a long way. How gold...

“RBI started purchasing gold a few years ago and decided to undertake a review of where it wants to store it, something that is done from time to time. Since stock was building up overseas, it was decided to get some of the gold to India,” TOI quoted an official as saying.

RBI bans Edelweiss from acquiring assets, SEBI fines AGI Greenpac, after OpIndia report on how they along with Ernst & Young manipulated insolvency process...

RBI ordered Edelweiss Asset Reconstruction Company Limited (EARCL) to cease and desist from acquisition of financial assets

RBI approves Rs 2.11 lakh crore dividend transfer to govt of India: Here’s how RBI generates surplus and transfers dividend to Centre

An increased dividend payment is probably going to assist the Central government in reaching its goal of 5.1% of GDP for fiscal deficit during the current fiscal year. Additionally, it would probably support tax collections, giving the new government more spending flexibility.

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

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...

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.

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