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[ad_1] While SMS-based One Time Password has been the primary way for authenticating digital transactions, the Reserve Bank of India is looking at other mechanisms in...
[ad_1] Shares of Paytm plunged 10% on Monday, the third consecutive session of declines, touching an all-time low of 438.35 Indian rupees (or $5.28) after the...
[ad_1] The Reserve Bank of India said there will be no transactions and settlements in government securities (primary and secondary), foreign exchange, money markets and Rupee...
[ad_1] In a bid to further streamline the unsecured loans market, the Reserve Bank of India has asked some of the larger non-banking finance companies to...
[ad_1] Securities and Exchange Board of India (SEBI) has begun the new year on a strong note, bringing into effect its November 2023 Board decisions that...
[ad_1] The Reserve Bank of India has asked banks to annually review accounts that have not seen customer-induced transactions for over a year, and term deposit...
[ad_1] Unusually high spurt in certain select activities such as crypto currency trades, equity derivatives and online gaming such as teen patti, rummy, ludo and cricket related games...
[ad_1] In a move that will add depth and liquidity to the government securities (G-Secs) market, the RBI has permitted permit lending and borrowing of G-Secs. ...
[ad_1] The Reserve Bank of India has allowed card-on-file tokenisation (CoFT) through card issuing banks or institutions to provide cardholders with an additional choice to tokenise their...
[ad_1] Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000...
[ad_1] The Reserve Bank of India’s recent decision to hike risk weights on certain segments of consumer credit is a reflection that the central bank has...
[ad_1] The Reserve Bank of India (RBI) has imposed a monetary penalty aggregating ₹10.34 crore on three banks —Citibank NA (₹5 crore), Bank of Baroda (₹4.34 crore)...
[ad_1] The Reserve Bank of India’s recent measures to tighten norms for unsecured retail loans will help strengthen underwriting norms through higher risk-weighted assets and is “credit positive” because...
[ad_1] The capital requirement of banks is expected to increase by 5 per cent, or ₹84,000 crore of additional capital, due to the increase in risk...
[ad_1] The Reserve Bank of India‘s direction to Bank of Baroda to suspend onboarding of customers through its mobile application, bob World, is likely to impact the bank’s...
[ad_1] Retail lending has grown more in the rural areas relative to the urban areas across lenders, as creditors started tapping the underserved market segment, with the...
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[ad_1] PayGlocal, a cross-border focused payments platform provider, has received in-principle approval from the Reserve Bank of India for Payment Aggregator (PA) license. This process, once...
[ad_1] The Reserve Bank of India (RBI) has increased the minimum amount for offering non-callable/without premature withdrawal option term deposits (TDs) from ₹15 lakh to ₹1...
[ad_1] A fortnight after RBI cautioned banks against unprecedented growth in unsecured retail loans and asked them to grow “sensibly”, large banks and NBFCs have flagged...
[ad_1] The cumulative increase of 250 basis points (bps) repo rate by the Reserve Bank of India (RBI) and the reaction of banks in terms of...