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Reserve Bank Of India Rbi
Business  /  Published 09.09.21

RBI hopeful of 9.5% GDP growth: Shaktikanta Das

RBI Governor Shaktikanta Das on Thursday said many fast indicators are showing an uptick in economic activity and the Reserve Bank is quite optimistic about its 9.5 per cent GDP growth estimate for FY...
By Our Bureau and Agencies in New Delhi

Business  /  Published 09.09.21

RBI removes curbs on Uco operations

The Reserve Bank of India has decided to take Uco Bank out of the prompt corrective action (PCA) framework. The move announced by the regulator on Wednesday comes on the back of an improved performanc...
By A Staff Reporter in Calcutta

Business  /  Published 09.09.21

Amazon Pay FDs

Amazon Pay India, the American e-commerce major’s payments app, is set to offer deposit booking services to its customers even as rival Google Pay’s similar facility has invited regulatory...
By PTI in Mumbai

Business  /  Published 08.09.21

Treat crypto as just another asset

Crypto currencies such as bitcoins need to be considered as assets and not legal tender, a former RBI official said, in remarks that stand in sharp contrast to the central bank’s attempts to tre...
By Our Bureau in Mumbai

Business  /  Published 08.09.21

Credit card security enhanced

 In a bid to ensure security of card data, the Reserve Bank of India (RBI) has enhanced the scope of tokenisation and permitted card issuers to act as token service providers.  Under tokeni...
By PTI in Mumbai

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Business  /  Published 06.09.21

PhonePe expands bouquet

Walmart-backed digital payments service provider PhonePe is looking to expand into financial services  with an eye to reach a user base of 500 million. The payments major, which has 314 million ...
By Pinak Ghosh in Calcutta

Business  /  Published 03.09.21

SC junks pleas against RBI

Economy is booming in the country after the second Covid wave, said the Supreme Court on Friday as it refused to entertain a batch of pleas seeking contempt action against Governor of Reserve Bank of ...
By Our Bureau, PTI in New Delhi

Business  /  Published 03.09.21

FD bait for Google Pay users

US tech behemoths are eyeing a bigger slice of the financial services pie in India.  Close on the heels of Facebook offering loans to small businesses, rival Google has partnered Equitas Small F...
By A Staff Reporter in Calcutta

Business  /  Published 01.09.21

RBI tabs on liquidity

The RBI will conduct fine-tuning operations to manage unanticipated and one-off liquidity flows to ensure balanced liquidity conditions in the system, governor Shaktikanta Das has said.  In...
By PTI in Mumbai

Business  /  Published 31.08.21

Tally applies for small bank permit

The list of banking aspirants in India is growing with the Reserve Bank of India receiving two new applications as part of the on tap licensing for Small Finance Banks. Bangalore based business manage...
By A Staff Reporter in Calcutta


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