RBI imposes Rs 1.25 crore penalty on Zoroastrian Co-operative Bank

The Reserve Bank of India has imposed a penalty of Rs 1.25 crore on Zoroastrian Co-operative…

Bank Credit Growth Rose To 17.2% In July-September: RBI

Aggregate deposit growth was at 9.8 per cent in September 2022, RBI said.(File) New Delhi: Bank…

Religare Finvest lenders approve company’s one-time settlement offer

Creditors to Religare Finvest (RFL) have approved a one-time settlement plan proposed by the company’s management…

India Inc feel rate spike heat as CII urges RBI to moderate pace of interest rates hikes

India Inc has begun to feel the adverse impact of RBI’s interest rate hikes of 190…

This FD offering up to 8.5 percent interest rate closing on November 30; Check return calculator, other key details

New Delhi: Reserve Bank of India increased the repo rate in tranches from previous quarters. As a…

RBI Rejects Paytm Plea For Payment Aggregator License

The Reserve Bank of India (RBI) has rejected the application of Paytm Payments Services Limited to…

RBI pauses onboarding of online merchants by Paytm payments services – Times of India

NEW DELHI: Banking regulator RBI has put a pause on onboarding of online merchants by Paytm…

RBI asks Paytm to reapply for payment aggregator licence; needs to comply with FDI guidelines

The Reserve Bank of India (RBI) has rejected digital payments and financial services Paytm’s application for…

RBI’s Letter Blames Global Factors For Failure To Meet Inflation Target

The panel was mandated by law to explain its failure in capping prices. Reserve Bank of…

Rupee likely to remain under pressure in 2023, say economists

The rupee is likely to remain under pressure next year and could even touch 85 against…

PM Kisan Samman Nidhi Yojana: How to Apply For 13th Installment. Check Eligibility, List of Required Documents

PM Kisan Samman Nidhi Yojana: As per latest reports, the 13th installment of the PM Kisan…

Explained | RBI’s concerns on slow deposit growth 

The RBI logo | Photo Credit: Getty Images The story so far: The Governor, Deputy Governor…

RBI Imposes Fines Worth Rs 73 Crore In 30 Months, But No Details On Violations: Report

RBI cited deficiencies in regulatory compliance for the action taken.(File) New Delhi: The Reserve Bank of…

NPCI in talks with RBI on UPI volume cap deadline

National Payments Corporation of India (NPCI), which runs the UPI digital pipeline, is in talks with…

Indian economy resilient in an uncertain global environment: RBI

Kolkata: The state of the Indian economy could be described as resilient as domestic inflationary pressures…

Forex reserves rise to $544.72 bn, fastest since August 2021

MUMBAI: India’s foreign exchange reserves rose to $544.72 billion in the week through November 11, marking…

As many as 2,200 transactions have taken place on ONDC: Piyush Goyal

The government-backed Open Network for Digital Commerce (ONDC) has the ability to transform e-commerce across the…

Indian Economy To Grow By 6.1-6.3% In July-September: RBI

Inflation is, however, impacting corporate performance, RBI said in its report.(File) New Delhi: The Reserve Bank…

India’s Macroeconomic Outlook Resilient, But Sensitive To Global Headwinds: RBI

Rural demand is muted but more recently picking up traction, the RBI report said. Mumbai: With…