Fri, Apr 26, 2024
The underwriting commission will be credited to the current account of the respective primary dealers with the Reserve Bank of India (RBI) on the day of the issue of securities. This auction presents an opportunity for primary dealers to participate in the underwriting process and contribute to the government's financing activities.
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Wed, Apr 24, 2024
Prosus-backed PayU has secured approval from the Reserve Bank of India to function as a payment aggregator, enabling them to onboard new businesses for online payment acceptance.
RBI bars Kotak Mahindra Bank: The central bank said that even after repeated warnings, the bank did not make any improvements, hence the decision.
Thu, Oct 13, 2022
Retail inflation reached at 5-month high! Will RBI raise interest rates again? How is rising inflation a big concern? Know from Anil Singhvi.
Tue, Oct 11, 2022
The decision was taken at its board meeting held on Monday, AU Small Finance Bank said in a regulatory filing.
Sat, Oct 08, 2022
The Reserve Bank of India on Oct 7 issues concept paper on digital currency. The central Bank said that it will soon launch pilot e-rupee for specific use cases.
Fri, Oct 07, 2022
The Reserve Bank of India today released the concept paper on Digital Rupee. RBI will start pilot project soon. Know full details from Brajesh Kumar.
Thu, Oct 06, 2022
The auction will be held tomorrow i.e on October 7, 2022 by the Reserve Bank of India (RBI) at the Mumbai Office in Fort.
After hitting a low in July 2021 on the back of Covid19 pandemic, Consumer Confidence Index (CCI) has continued its upward move and was recorded at 80.6 in the survey. It was at 77.3 in July 2022
Mon, Oct 03, 2022
The sale of residential flats in Kolkata in the July-September 2022 period has slumped by 73 per cent to 1,843 units compared to the corresponding period of 2021, according to Knight Frank India.
Fri, Sep 30, 2022
The Reserve Bank on Friday categorised 16 big non-banking financial companies, including LIC Housing Finance and Bajaj Finance, as upper-layer NBFCs that will be subject to an enhanced regulatory framework.
About 35 crore cards have been tokenised and the system is ready for the new norms which set in from October 1, the Reserve Bank said on Friday.
Motilal Oswal's Amit Sajeja said that there will be consolidation in the near term and by the end of this year, Rupee could test levels of 83.20 against the Dollar
"Keeping in view the similar nature of activities undertaken by online and offline PAs, it is proposed to apply the current regulations to offline PAs as well," Das said after announcing bi-monthly policy
Wed, Sep 28, 2022
Zee Business Top Picks 28th Sep'22: LIVE: RBI Monetary Policy Review Meeting Begins - MPC to recommend another hike? Date, Time, Expectations, Possible Outcomes - Latest News, Updates
Mon, Sep 26, 2022
The RBI had conducted a statutory inspection of the Maharashtra-based lender with reference to its financial position as on March 31, 2020
Fri, Sep 23, 2022
Banking system's credit growth at the end of the June quarter accelerated to 14 per cent as compared to the year-ago period, the RBI said on Friday.
LIC Housing Finance home loan interest rate has been hiked by the company. LIC Housing Finance is one of the largest housing finance mortgage loan companies in the country.
Thu, Sep 22, 2022
As per the statement, the co-operative bank has failed to comply with the requirements the Banking Regulation Act, 1949 and its continuance is prejudicial to the interests of its depositors.
Reserve Bank Executive Director Ajay Choudhary on Thursday said there is no "sure-fire way" to regulate fintech players, and made it clear that the onus is on such entities to operate in a balanced way.
Next Bank Holiday October 2022: Banks in India will remain closed to public on 15 days in October. The closure will be city-wise and based on holidays declared by local administrations in different states
Wed, Sep 21, 2022
Governor Shaktikanta Das launched UPI Lite, RuPay Credit Card on UPI, and Bharat BillPay Cross-Border Bill Payments at the Global Fintech Fest 2022 on Tuesday. With the help of UPI Lite, customers can make payments without internet. With the help of this, an amount of up to Rs 200 can be transferred, for which internet will not be required. Watch this special report on India 360.
Tue, Sep 20, 2022
The trend of online payment through credit and debit cards has increased rapidly in the country, but with this, the cases of online fraud have also increased. In such a situation, to secure credit and debit card transactions, RBI is going to implement tokenisation system from October 1. The complete details of the customer's card will be converted into a token. With the help of this, the customer will be able to make payment on any third party app, point of sale. The merchant will not have any data related to the card. Unique tokens will be issued for every transaction. Watch this special report of Aapki Khabar Aapka Fayda.
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