New Delhi (TIP)- Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned investors on cryptocurrencies stating that they should invest in the same at their own risk. Das said it is his “duty” to […]
The Reserve Bank of India decided to keep the benchmark lending rate unchanged at 4 per cent for the ninth time in a row and maintain the accommodative policy stance in view of the lingering […]
Mumbai (TIP): The RBI on Thursday, Dec 2, filed an application for initiation of Corporate Insolvency Resolution Process (CIRP) against debt-ridden Reliance Capital at the Mumbai Bench of the National Company Law Tribunal (NCLT). The […]
Numerous macro indicators suggest that the economic recovery is now taking hold after the beating it has taken during the pandemic, but for growth to be sustainable and reach its potential, private capital investment has […]
New Delhi (TIP): The Reserve Bank of India (RBI) has imposed a monetary penalty on two payment system operators for deficiencies in regulatory compliance. A statement issued by the RBI today read, “The Reserve Bank […]
Mumbai (TIP): The Reserve Bank of India (RBI) on Friday, Sept 24, allowed banks to sell fraud loan exposures to asset reconstruction companies (ARCs). Banks will now be able to transfer to ARCs loan exposures […]
The RBI on Wednesday, July 14, barred Mastercard from onboarding new credit, debit and prepaid card customers with effect from July 22. The action will not impact existing customers of Mastercard, the RBI said. Taking […]
The second wave of the pandemic took a “grievous toll” on India, but the dented economic activity has started recovering from late-May, RBI Governor Shaktikanta Das said on Thursday, July 1. In a first, Das […]
BENGALURU (TIP): After El Salvador’s historic move to adopt Bitcoin as legal tender (rendering it full currency status), things are looking brighter back home in India for crypto-enthusiasts. Top sources tracking the industry told this […]
The Reserve Bank of India (RBI) on Thursday, April 22, relaxed the dividend payout norms of commercial banks and allowed them to pay up to 50 per cent of what they paid before Covid from […]
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