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[ad_1] The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹131.80 lakh on Punjab National Bank (PNB) for non-compliance with its directions issued...
[ad_1] The Rupee ended almost flat on Wednesday despite robust dollar demand from corporates, especially oil companies, as RBI likely intervened in the non-deliverable forward market...
[ad_1] Consumer confidence paused on its uptrend as sentiments on all parameters, except spending, recorded some moderations in the latest bi-monthly consumer confidence survey released by...
[ad_1] The Reserve Bank of India has directed all lenders to review their practices regarding mode of disbursal of loans, application of interest and other charges...
[ad_1] The Reserve Bank of India (RBI) has asked Agency Banks to keep all their branches dealing with government business open on March 31, 2024 (Sunday)....
[ad_1] With less than a fortnight to go for Paytm Payments Bank to wind down its operations, highly placed sources in the banking circles say the...
[ad_1] The share of Asian central banks and supervisory authorities adopting big data and machine learning has risen to 86 per cent. This involves nowcasting exercises,...
[ad_1] India’s central bank extended the deadline for some of the business restrictions it’s imposing on Paytm’s Payments Bank to March 15 from February 29, giving...
[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 Directorate of Enforcement (ED) will probe Paytm Payment Bank if there are fresh money laundering charges by the Reserve Bank of India (RBI), a...
[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] 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...
[ad_1] The Reserve Bank of India, in consultation with the Government of India, has expanded the basket of products offered through the Retail Direct Portal, allowing retail investors to...
[ad_1] Banks must carefully manage the adoption of new technologies and ensure adequate controls and safeguards to address potential vulnerabilities, according to Reserve Bank of India...
[ad_1] MUMBAI – RBI is exploring a light weight and portable Payment and Settlement System (LPSS), which will be independent of conventional technologies and can be...
[ad_1] State Bank of India’s economic research department (ERD) expects one more pause by the Reserve Bank of India’s Monetary Policy Committee (MPC) in view of...
[ad_1] The Reserve Bank of India (RBI) has asked HDFC Bank to continue to comply with regulatory requirements for cash reserve ratio (CRR), statutory liquidity ratio...
[ad_1] India’s financial system remains “completely” insulated from the recent developments in the US and Switzerland, said RBI Governor Shaktikanta Das. The recent developments in the...
[ad_1] The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹6.77 crore on Mahindra & Mahindra Financial Services Limited for non-compliance with the “Non-Banking Financial...