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2 mins read
HDFC Bank faces class-action lawsuits from two US-based law firms — calls them 'frivolous'
The firms outline a repeated pattern by the Indian bank of not disclosing important information …
2 mins read
It's the right time on export settlements in Rupee, SBI tells RBI
The State Bank of India (SBI) on Thursday said the Reserve Bank of India (RBI) should international…
3 mins read
10 countries that banned cryptos calling them threats, ponzi schemes & more
As per the Law Library of Congress, a global research directorate, eight jurisdictions had an absol…
2 mins read
RBI deputy governor makes a case for banning cryptocurrencies, says it can wreck the banking system
Making a strong case for banning cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Mo…
PTI
2 mins read
One in two Indians face extortion and data misuse thanks to instant loan apps
More than one in two Indian consumers who use instant loan apps are facing very high interest charg…
2 mins read
India’s central bank appoints department to regulate crypto exchange, formulate CBDCs
The report also said that the bank is working on two kinds of CBDCs — wholesale and retail — and…
2 mins read
RBI is hiring 125 interns for its summer internship next year — Checkout the details and how to apply
The last date to apply for the internship is December 31. Summer trainees will be offered a s…
4 mins read
India ends Winter Session of Parliament with no crypto bill in sight
The Indian Parliament’s Winter Session has drawn to a close with no cryptocurrency bill making it t…
2 mins read
Cryptocurrency in India is legal but a pending bill with the government could change things
There’s a still proposed bill pending with the government that could prove tenuous — the Banning…
4 mins read
Raghuram Rajan believes only a handful of cryptocurrencies will survive the hype — over 400 tokens have hit the dust in the last six months
The former governor of the Reserve Bank of India (RBI), Raghuram Rajan, believes that only a handfu…
3 mins read
RBI governor still has not thawed on ‘private’ cryptocurrencies — compares crypto hype to ‘tulip mania’
RBI governor Shaktikanta Das claims that cryptocurrencies have no underlying value, not even worth …
3 mins read
RBI and Finance Ministry have already spent nearly half of Narendra Modi’s $270 billion stimulus— watch out for changes to land and labour laws
It is also not possible for a developing country like India to spend its way out o…
4 mins read
Six reasons why India’s central bank believes cryptocurrencies threaten financial stability
The Reserve Bank of India states that private cryptocurrencies pose a threat to financial stability…
2 mins read
No crypto ban in India — SEBI will reportedly be pulled in to regulate the sector
The Indian government is not looking to ban cryptocurrencies, but to regulate them as ‘assets’. All…
5 mins read
Three credit card mistakes to avoid to maintain good CIBIL scores, and avoid too much interest
While a credit card has its advantages, it also has demerits that users choose to ignore or ar…
1 min read
RBI approves takeover of DHFL by Piramal Group
The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation Ltd …
3 mins read
It would be nearly impossible for India to ban cryptocurrencies — here’s why
Jaideep Reddy, a technology lawyer with Nishith Desai Associates (NDA), told Business Insider that …
2 mins read
Google says it has removed several loan apps in India after RBI takes steps to curb fraud in digital lending
Tech giant Google today said that it has reviewed hundreds of loan apps in India and has also remov…
3 mins read
IDFC First Bank joins ICICI Bank, Yes Bank and others in stopping services to crypto companies, despite RBI's nudge to ignore its 2018 order
IDFC First Bank isn't the only one to keep its distance from the volatile markets. ICICI Bank,…
2 mins read
The number of fake ₹500 notes in India increased by 31% in the last one year
While other denominations have been seeing a drop in the number of fake notes circulated, th…