Tag: RBI
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RBI extends restrictions on PMC Bank till June 30
Mumbai, March 27 (Telugu Bullet) The Reserve Bank of India (RBI) on Friday extended the restrictions on the withdrawal and deposits in the scam-hit...
Locker management vital for cashless economy, frame rules: SC
The Supreme Court on Friday said the present state of affairs on management on bank lockers is inadequate and muddled, and there is no...
NPCI let WhatsApp go live on UPI after full compliance, RBI to SC
The Reserve Bank of India has told the Supreme Court that the National Payment Corporation of India (NPCI) allowed WhatsApp to "go live" on...
Cryptocurrency industry hopeful as RBI mulls over digital currency
With the Reserve Bank of India (RBI) now saying that it is exploring the need for a digital version of fiat currency, cryptocurrency stakeholders...
Indian economy reviving at unforeseen pace: RBI
As economic activities gather momentum and strive to get back to pre-Covid levels, the Reserve Bank of India has said that the Indian economy...
Banks need to invest more in IT, tech: RBI Guv on HDFC Bank outage
A day after the Reserve Bank of India (RBI) asked the HDFC Bank to temporarily stop issuing new credit cards and launching new digital...
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
The Reserve Bank of India (RBI) has revised the real GDP growth projection for FY21 upwards to (-) 7.5 percent on the back signs...
Indian economy exhibited stronger pick up than expected: RBI Guv
The Indian economy has exhibited a stronger pick-up in momentum of recovery than expected, said Reserve Bank of India Governor Shaktikanta Das on Thursday.
Addressing...
From Nov 27, Lakshmi Vilas Bank will cease to exist
From November 27, the 94-year-old Karur-headquartered Lakshmi Vilas Bank (LVB) will cease to exist officially and be amalgamated with DBS Bank India Ltd, a...
Bank licences to corporates a ‘bad idea: Raghuram Rajan
Days after an Internal Working Group (IWG) of Reserve Bank of India's (RBI) recommended allowing large Indian corporates to enter the banking sector, former...