RBI: Page 7
Fintech Startup 1Pay Gets RBI Payment Aggregator License
The company offers Vendor payout system, B2B invoice collection system, e-governance, customized bill payment and BBPS
Cryptocurrencies Are Clear Danger, Says Shaktikanta Das
The RBI governor highlighted the growth of cyber risk along with the digitalization of financial system
RBI To Regulate Digital Lending Platforms, Says Shaktikanta Das
The RBI governor suggests that the customers of unregistered digital lending platforms should approach local police in case of any issue
Startup Founders Should Constantly Track Risks And Business Vulnerabilities, Says Shaktikanta Das
The RBI governor said businesses should avoid aggressive short-term reward-seeking culture
RBI Hikes Repo Rate By 50 Basis Points
The Monetary Policy Committee focuses on ensuring that inflation remains within the target range, while supporting growth
RBI Notifies Banks And ATMs To Provide Card-less Cash Withdrawal Facility
The apex bank proposed to allow interoperability in card-less cash withdrawal transactions at all banks and ATMs in its monetary policy review meeting held in April
RBI Slashes GDP Growth Rate To 9.5% For FY22; Key Interest Rates Unchanged
The central bank had earlier projected a GDP growth projection of 10.5 per cent
Multi-Pronged Regulations Answer To India's Crypto Problem, Not Blocking Transactions: Experts
It's high time the Indian government solved the regulatory labyrinth, as per industry stakeholders, in order to not just safeguard investor's money but also provide a clear direction to financial institutions
Empire Strikes Back: Banks Snap Ties With Crypto Exchange Platforms
The Reserve Bank of India in May last year, while responding to an RTI, said there is no prohibition on banks in providing accounts to traders dealing with cryptocurrencies
RBI Maintains Status Quo On Repo & Reverse Repo Rates
RBI governor Shaktikanta Das said the GDP growth is projected at 10.5 per cent for the next fiscal
RBI To Explore the Need For Digital Currency
While releasing a booklet, the central bank noted that private digital currencies/virtual currencies/cryptocurrencies have gained popularity in recent years
RBI Bars HDFC Bank From Acquiring New Credit Card Customers, Digital Launches
These strictures come on the back of several instances of technical glitches and outages on internet banking, mobile banking over the last two years
Corporates As Bankers: Not a Bankable Idea
RBI has moved beyond the normal terms on promoters' eligibility and net worth and has set a minimum threshold on assets requirement and operational record
RBI Slaps Penalty Amounting to INR 5.78 Cr on Muthoot Finance, PhonePe, 4 Others for Violating Regulatory Norms
Sodexo, QwikCilver, Punjab National Bank Ltd (PNB) and Delhi Metro Rail Corporation Ltd (DMRC) are the other four entities to be fined for violating regulatory norms
Lendingkart First to Launch Co-Lending Scheme In Partnership With Banks Post RBI's Revised Guidelines
Lendingkart has launched a co-lending software-as-a-service (SaaS) platform Lendingkart 2ghtr, for banks and non-banking financial institutions (NBFCs)