RBI Governor said that efforts were being made to leverage technology to achieve greater efficiency while also meeting the objectives of market reforms…reports Asian Lite News RBI Governor Shaktikanta Das…
Highlighting the global challenge of balancing inflation control with growth, the PM urged the RBI to pioneer a model addressing this, potentially setting a global trend…reports Asian Lite News Over…
The RBI may be mulling a revamp of the existing penalty structures, which may include increase in penalty amounts…reports Asian Lite News Compliance is taking the centre stage with 4x…
RBI said this action is based on the deficiencies in regulatory compliance of the two banks…reports Asian Lite News The Reserve Bank of India (RBI) announced on Monday that it…
Paytm offers acquiring services to merchants in partnership with several leading banks in the country and will continue to expand third-party bank partnerships….reports Asian Lite News Paytm merchants need not…
The action has been taken after a Comprehensive System Audit report and subsequent compliance validation report…reports Asian Lite News The RBI has barred Paytm Payments Bank Ltd (PPBL) from further…
According to credit rating agency CARE Ratings, the RBI will continue with its cautious pause with the repo rate at 6.5 per cent….reports Asian Lite News The Reserve Bank of…
Fitch Ratings views these changes as a credit-positive effort by regulatory authorities to control emergent risks in consumer credit. In a proactive move aimed at mitigating potential systemic risks associated…
The MPC, in its policy review meeting, had retained the key repo rate at 6.5 percent, reiterating willingness to act against inflation….reports Asian Lite News A majority of the members of…
The forex kitty fell by as much as $2.3 billion during the week after having plunged by as much as $5.9 billion in the two preceding weeks….reports Asian Lite News…