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Reserve Bank of India
India witnessed a 2.5-fold increase in job creation in FY24, the highest since 1981-82: RBI data
A total of 46.7 million jobs were added, the highest since 1981-82, with a growth rate of 6 per cent surpassing the previous three decades.
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
RBI asks all agency banks dealing with govt transactions to remain open on 31 March Sunday on the union govt’s request
The Reserve Bank of India on 20 March advised all banks dealing with government transactions to open their branches on 31st March, Sunday.
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.
RBI and Nepal’s central bank sign Terms of Reference for integration of UPI with National Payments Interface (NPI) of Nepal
ANI -
Reserve Bank of India and Nepal Rastra Bank signed and exchanged Terms of Reference for integration of Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal
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
RBI bars Paytm Payments Bank from onboarding new consumers with immediate effect, banking transactions to be stopped from 29 February
RBI has said that Paytm Payments Bank will not be allowed to do any deposits or credit transactions or top ups after 29th February
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.
