Paytm Q4 Results Show Loss Widens To Rs 550 Crore After RBI Action Against Paytm Payments Bank

Representational Image New Delhi: Digital payments firm Paytm posted a wider loss in the fiscal fourth…

RBI Lays Out Roadmap For Small Lenders To Achieve Universal Bank Status

Eligible small finance banks will have to provide a detailed rationale for the transition The Reserve…

RBI Issues Draft Rules On Digital Lending To Give Borrowers A Better Deal

The RBI has invited comments from stakeholders on the draft circular by May 31 (Representational) The…

RBI Issues Alert Against Prepaid Payment Instruments By Illegal Entities

The RBI has issued a red alert against TalkCharge Technologies Pvt. Ltd. (Representational) The Reserve Bank…

RBI Plans Curbs On Suspect Bank Accounts To Fight Cyber Fraud: Report

About 4,000 fraudulent accounts are reportedly opened every day (Representational) New Delhi: India’s central bank plans…

Services Won’t Be Interrupted For Existing Customers: Kotak Mahindra Bank

The bank said it is working with the RBI to address remaining issues. New Delhi: Hours…

RBI Penalises LIC Housing Finance, IDFC First Bank Over Violation

RBI has also canceled the certificate of registration of 4 NBFCs. (Representational) Mumbai: The Reserve Bank…

Reserve Bank of India Launches New Website, Mobile Application

Existing website (https://rbi.org.in) will be available simultaneously for some time. (Representational) Mumbai: The new website and…

RBI Will Not Accept Or Exchange Rs 2,000 Notes On April 1: Here’s Why

The facility will resume from April 2, the RBI said. The Reserve Bank of India (RBI)…

RBI Directs Agency Banks To Remain Open On Sunday Before Holi

With Holi and Good Friday approaching, it was expected that banks would be shut down for…