Reserve Bank of India Archives - Page 7 of 22

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

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

PGurus Newsdesk - April 22, 2024 0

Banks have been directed by RBI to share everyday reports to the poll panel by the Chief Election Commissioner Amid the Lok Sabha 2024 elections,...

India's total service exports and remittances are in a very sound condition, due to which we are able to eliminate trade deficit

Economy

Amid rising tension in Middle East, Indian economy resilient, fundamentals of...

PGurus Newsdesk - April 16, 2024 0

India managing itself well in the last one or two years amid the global headwinds, says NSE CEO The fundamentals of stock exchanges are very...

RBI keeps repo rate unchanged. This means the loan interest rates too are likely to remain unchanged

Economy

RBI keeps repo rate unchanged at 6.5%

PGurus Newsdesk - April 5, 2024 0

RBI maintains status quo, keeps repo rate unchanged at 6.5 percent for 7th consecutive time In the first Monetary Policy Committee (MPC) announcement for the...

In November, last year, S&P Global had projected India's growth to be 6.4 percent

Economy

S&P Global shows rise in India’s growth forecast for 2024-25

PGurus Newsdesk - March 26, 2024 1

S&P ups India growth forecast to 6.8% for FY'25 On Tuesday, S&P Global Ratings, in its Economic Outlook for the Asia Pacific, raised India's growth...

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

PGurus Newsdesk - March 22, 2024 0

RBI issues omnibus framework for recognizing self-regulatory organizations for banks, NBFCs, fintechs The Reserve Bank of India (RBI) has issued new rules for recognizing self-regulatory...

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...

Team PGurus - February 23, 2024 0

RBI comes out with another set of measures to mitigate woes of Paytm customers Protecting the customers of Paytm, the Reserve Bank of India (RBI)...

Paytm bank given until March 15 to stop accepting new deposits

Banking

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

Team PGurus - February 16, 2024 0

RBI extends Paytm Bank’s lifeline to help customers The Reserve Bank of India (RBI) on Friday extended by 15 days the deadline for stopping transactions...

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

PGurus Newsdesk - February 15, 2024 0

Integration of the fast payment systems aims to facilitate cross-border remittances between India and Nepal The Reserve Bank of India (RBI) and Nepal Rastra Bank...

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...

Team PGurus - February 12, 2024 1

Mounting challenges for Paytm: RBI maintains grip Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday categorically said there was "hardly any room" to...

We strongly believe it helps in cross border payments. It will bring in greater transparency and traceability: FM Sitharaman on digital currency

Finance

Govt of India, RBI actively engaged on digital currency: Finance Minister

Team PGurus - January 25, 2024 0

Both the regulator and the government are working on digital currency, says Nirmala Sitharaman India’s Finance Minister Nirmala Sitharaman on Thursday said the Government of...