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2 mins read
ED questions Paytm executives, gets documents on latest RBI action
The Enforcement Directorate has questioned senior Paytm executives and taken submission of documen…
PTI
2 mins read
RBI rules out review of action against Paytm Payments Bank
Reserve Bank of India Governor Shaktikanta Das on Monday ruled out any review of the central bank's…
PTI
2 mins read
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
1 min read
RBI to allow opening of rupee account outside India
The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …
PTI
1 min read
RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders
Das held a meeting on Wednesday with major stakeholders in the UPI ecosystem - banks, NPCI, thi…
PTI
3 mins read
Investors' wealth soars ₹28.65 lakh crore in three days of market recovery after rout
Investors' wealth has soared by ₹28.65 lakh crore in the three-day rally to Friday in the stock m…
PTI
3 mins read
Sensex, Nifty hit all-time closing high levels as RBI raises GDP growth projection
IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains. The RB…
PTI
3 mins read
Rate cut hopes dashed as RBI decides to chase inflation target of 4%
Economists unanimously agree that no rate cut by Indian central bank, RBI, is likely this year. Th…
1 min read
RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards
"Serious deficiencies and non-compliances were observed in the areas of IT inventory management…
PTI
4 mins read
We want the elephant of inflation to walk back to the forest: Shaktikanta Das
The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…
1 min read
Crypto currencies have no underlying value, says RBI official
Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central…
PTI
3 mins read
RBI curbs: JM Financial says 'no material deficiencies in loan sanctioning process'
JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order i…
PTI
1 min read
JM Financial shares tank over 19%, mcap declines by ₹1,484 crore
Shares of JM Financial on Wednesday tanked over 19 per cent after the Reserve Bank imposed restric…
PTI
1 min read
RBI bars JM Financial Products from financing against shares, debentures
The Reserve Bank on Tuesday barred JM Financial Products Ltd from providing any form of financing a…
PTI
2 mins read
Paytm shares jump 5%, hit upper circuit limit
Shares of One97 Communications Ltd, which owns and operates Paytm, on Friday, jumped 5 per cent af…
PTI
1 min read
Paytm shares fall 5% to hit lower circuit limit
Shares of One97 Communications Ltd, the owner of the Paytm brand, fell 5 per cent to hit a lower ci…
PTI
2 mins read
At ₹395, Paytm shares hit upper circuit for fourth straight session
Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecut…
PTI
1 min read
RBI gives 15 more days till March 15 to Paytm Payments Bank to stop transactions
The RBI on Friday gave 15 days more till March 15, 2024 to Paytm Payments Bank Ltd (PPBL) to stop d…
PTI
2 mins read
Paytm shares tank 10% to extend losses for second day
Shares of Paytm's parent company One97 Communications tanked 10 per cent on Wednesday after reports…
PTI
3 mins read
RBI may not cut repo rate any soon or for six months: Economists
With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) deciding to retain the repo …