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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
News Reports

Did Raghuram Rajan casually lie about his salary? Former RBI governor claims his annual salary in office was Rs 4 lakhs

OpIndia Staff -
In a podcast with YouTuber Raj Shaman, Raghuram Rajan claimed his annual salary as the RBI Governor was Rs 4 lakhs.
News Reports

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.
News Reports

RBI asks Bajaj Finance to stop issuing loans under ‘eCOM’ and ‘Insta EMI Card’ for violation of digital lending guidelines

OpIndia Staff -
RBI asks Bajaj Finance to stop sanction and disbursal of loans under its two lending products with immediate effect
News Reports

More than 97 per cent of Rs 2,000 banknotes returned to the banking system, Rs 10,000 crore worth of notes in circulation: RBI 

OpIndia Staff -
The Reserve Bank of India said Rs 10,000 crore worth of Rs 2,000 notes are currently in circulation.
News Reports

The last date to exchange ₹2000 banknotes is 30 September, clarifies RBI amid reports of extension of the deadline

ANI -
Reserve Bank of India (RBI) has clarified that Rs 2,000 denomination banknote will cease to have its value after Saturday, 20 September
News Reports

Loan documents must be released within 30 days of full repayment, ₹5,000 penalty per day for delay: RBI announces major benefit for borrowers

OpIndia Staff -
RBI stated that banks and NBFCs have to release documents of properties and collateral mandatorily within 30 days.
News Reports

Indian Economy to grow at 8.3% in the first quarter and 6.7% in FY24: What the SBI research says

OpIndia Staff -
SBI’s Chief Economic Advisor, Ghosh added that the first quarter of 2023-24 saw a huge increase in capital expenditure both by the centre (63%) and the states (41%).
News Reports

‘Udyam registration’ by Modi government helped in formalisation of MSMEs on large scale, reveals SBI Research

OpIndia Staff -
According to SBI Research, Udyam is now propelling the filing of Income Tax Returns (ITRs) by the MSMEs.
News Reports

RBI Unveils UDGAM Portal to resolve the issue of unclaimed bank deposits, read how such deposits can be traced easily

Gopal Tiwari -
Anyone can access the UDGAM portal to search for bank details, it only needs a phone number and some basic details like PAN, AADHAAR etc
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