The regulator said the bank, however, will continue to provide services to its existing customers, including its credit card customers
Banking

RBI bans Kotak Mahindra Bank from onboarding new customers via online,...

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The directive includes fintech companies like Razorpay, Cashfree, CCAvenue and Mswipe which are all regulated payment aggregators
Banking

RBI directs payment companies to track high-value, suspicious transactions during elections

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SRO is expected to adhere to a set of overarching objectives for betterment of the sector they represent
Banking

RBI lays framework for recognizing self-regulatory organizations

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The bank admitted that the timeline of three weeks fixed by the court in its judgment would not be sufficient for the entire exercise to be completed
Banking

SBI seeks time up to June 30 to submit details of...

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Central govt subsidy on loans to farmers jumps over 5-fold to Rs 1.3 lakh crore in 2014-2023
Banking

Central govt subsidy on loans to farmers jumps over 5-fold to...

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RBI asks NPCI to look into One97 Communication's plea to become TPAP for UPI usage
Banking

RBI says Paytm handles to migrate seamlessly from PPBL to other...

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Paytm bank given until March 15 to stop accepting new deposits
Banking

RBI extends Paytm Payments Bank transaction curb deadline to March 15....

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The collaboration between India and Nepal in linking their fast payment systems through the UPI-NPI linkage will further deepen financial connectivity
Banking

RBI inks pact with Nepal Rastra Bank for UPI link

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Shaktikanta Das says RBI is supportive of the fintech sector, but customer interest, and financial stability are of prime importance
Banking

RBI Governor says no review of action taken against Paytm Payments...

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The Fed confirmed in a statement that it was holding its benchmark lending rate steady at its 23-year high, between 5.25 and 5.50 percent
Banking

US Federal Reserve Bank keeps interest rate unchanged for fourth time...

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