Reserve Bank Of India
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Paytm competitors see spike in app downloads following regulatory action | Details
Technology | Feb 07, 2024, 09:36 AM ISTSince the Reserve Bank of India's directive, reportedly, there has been a surge in downloads of competitor apps, such as PhonePe and BHIM, while Paytm's downloads have declined.
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HDFC Bank gets RBI approval to buy up to 9.50 per cent stake in IndusInd Bank
Business | Feb 06, 2024, 07:23 AM ISTIf HDFC Bank fails to complete the acquisition within the timeframe of one year, the approval will be revoked.
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Explained: How RBI restrictions on Paytm Payments Bank will impact customers
Business | Feb 05, 2024, 10:44 AM ISTThe central bank's directive restricts Paytm Payments Bank from accepting deposits or top-ups after February 29.
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Paytm Bank: Money laundering concerns, KYC non-compliance led to ban on PPBL by RBI
Business | Feb 03, 2024, 06:33 PM ISTPaytm Payments Bank: Sources said RBI in 2021 detected serious KYC Anti Money Laundering violations and the bank was directed to address these deficiencies. However, they continued to persist. The compliances submitted by the bank were found to be incomplete and false on many occasions.
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Will you be able to use Paytm services after February 29? Check UPI, wallet and other details
Business | Feb 02, 2024, 01:14 PM ISTThe RBI imposed restrictions, prohibiting the bank from accepting new deposits or conducting credit transactions after February 29.
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Paytm Payments Bank reassures safety of existing balances after RBI restrictions
Business | Feb 02, 2024, 08:59 AM ISTPaytm Payments Bank Limited is prohibited from accepting new deposits, credit transactions, or top-ups in customer accounts, prepaid instruments, wallets, FASTags, and more from February 29 onwards.
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Paytm expects to lose Rs 300-500 crore after RBI action on its payments bank
Business | Feb 01, 2024, 10:06 AM ISTPaytm Payments Bank is prohibited from accepting new deposits, credit transactions, or top-ups in customer accounts, prepaid instruments, wallets, FASTags, and more after February 29, 2024.
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Timings of money markets revised for January 22 due to Ram Temple 'Pran Prathistha': Details here
Business | Jan 19, 2024, 06:50 PM ISTThe trading hours for the RBI-regulated markets will be from 2:30 pm to 5 pm on Monday, January 22.
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Indian economy to see stronger-than-expected growth in FY24: RBI
Business | Jan 18, 2024, 06:31 PM ISTA weak global outlook could improve if geopolitical conflicts are resolved, resulting in a containment of their repercussions on commodity and financial markets, said RBI.
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Emerging markets cannot afford 'crypto mania', says RBI governer as ETFs begin trading in US
Business | Jan 12, 2024, 06:17 PM ISTSeveral exchange-traded funds linked to the spot price of Bitcoin began trading in the United States on Thursday after receiving approval from the Securities and Exchange Commission.
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What is good for another market need not be good for us: RBI Governor Shaktikanta Das
Business | Jan 11, 2024, 02:01 PM ISTThe governor's comments were made in response to the recent approval by the US Securities and Exchange Commission for the creation of bitcoin exchange-traded funds (ETFs) in the United States.
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RBI remains committed to prevent any risk to India's fastest growth potential: Shaktikanta Das
Business | Dec 28, 2023, 06:44 PM ISTThe RBI Governor noted that although the world economy is dealing with a number of difficulties, the Indian economy is macroeconomically resilient and has a strong banking system that is sustaining its growth patterns.
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Indian economy, domestic financial system remain resilient on strong macroeconomic fundamentals: RBI
Business | Dec 28, 2023, 08:41 PM ISTThe Reserve Bank on Thursday said net non-performing assets ratio of banks declined to a multi-year low of 0.8 per cent at the end of September 2023 and the country's domestic financial system remains resilient.
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RBI approves lending, borrowing in government securities to deepen bond market
Business | Dec 27, 2023, 09:26 PM ISTThe Government Securities (G-Sec) market will gain depth and liquidity via a healthy securities lending and borrowing market, which will facilitate effective price discovery, according to a notification.
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RBI bomb threat mail: Mumbai Police arrests accused from Gujarat, detains two others for questioning
India | Dec 27, 2023, 03:50 PM ISTAccording to the Mumbai Police, the email sender has been arrested from Vadodara in Gujarat. The police also detained two more persons in the matter and were being questioned as to why the threatening mail was sent.
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RBI, two other banks receive bomb threat, sender demands resignation of Sitharaman, Shaktikanta Das
India | Dec 29, 2023, 04:26 PM ISTThe sender claimed to be from 'Khilafat India' and stated that bombs have been planted at a total of 11 locations in Mumbai. According to the email, the bombs were planted at RBI offices, ICICI Bank and HDFC Bank and the blasts were to take place at 1:30 pm today (December 26).
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Bank holidays in January 2024: Banks to remain closed for 11 days, check state-wise list here
Business | Dec 22, 2023, 06:30 PM ISTBanks across several states will remain closed for 11 days starting with New Year - January 1, and ending with Me-Dam-Me-Phi - January 31. Scroll down to check bank holidays in the first month of 2024.
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RBI Assistant Result 2023 declared on rbi.org.in, check online result
Jobs | Dec 15, 2023, 04:16 PM ISTRBI Assistant Prelims results have been declared by the Reserve Bank of India. The candidates can download the results using their credentials on the login page at rbi.org. Check direct link here.
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Stock markets hit new peaks after RBI upgrades growth forecast | Here are DETAILS
Business | Dec 08, 2023, 06:26 PM ISTBusiness news: Among sectoral indices, IT, teck and bankex rose by 1.08 per cent, 0.97 per cent and 0.89 per cent, respectively. On the other hand, utilities lost by 1.72 per cent and power slid 1.58 per cent. Besides, FMCG fell 1.13 per cent, telecommunication declined 0.73 per cent.
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97.26 per cent of Rs 2000 notes returned, denomination continues to be legal tender: RBI
Business | Dec 01, 2023, 12:43 PM ISTThe Reserve Bank of India said the Rs 2,000 notes, that were in circulation till May 19 this year, continue to be legal tender.