Tag: RBI

RBI To Introduce Offline Digital Rupee Transactions Soon: Governor Shaktikanta Das

RBI launched a pilot of the retail CBDC in December 2022 and…

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42% Of Indian Kirana Stores Have Already Shifted Away From Paytm: Report

The trust in Paytm has decreased among 68% of Indian Kirana stores…

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Paytm Says It Will ‘Accelerate’ Work With Other Banks To Counter RBI New Guideline

Paytm's parent added that it expects this action to have an impact…

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RBI Restricts Paytm Payments Bank From Fresh Deposits, Credit Transactions

An audit report revealed "persistent non-compliances and continued material supervisory concerns in…

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Govt May Raise Dividend Target To Rs 70k Cr From RBI, Banks, FIs In Budget

The current financial year estimate has already exceeded the Budget target as…

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RBI In Talks With US, Hong Kong, Swift On Digital Bank Payments

Current practices involve routing funds through banks using the Swift platform. CBDCs…

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Kotak Mahindra Bank Appoints International Banker Ashok Vaswani As MD & CEO

Bengaluru, NFAPost: Kotak Mahindra Bank (‘Kotak’ or ‘the Bank’) announced that the…

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Credit To Retail Sector Dips To 18.3% In August 2023: RBI Data

Picks up speed in lending to agriculture, services Mumbai, NFAPost: The pace…

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MFs Attract 6% Of Household Savings In FY23: RBI Data

Fiscal sees a record Rs 1.8 trillion net inflows from households Mumbai,…

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Cabinet Approves Foreign Investment Of Up To Rs 9,589 Crore In Pharma Company

-The FDI has been approved by way of the transfer of shares…

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