RBI – Page 2 – Asian News from UK

Banking Giants Feel the Heat from RBI

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 has imposed

February 27, 2024

Business·Economy·India News

RBI Directive: No Impact on Paytm Merchants

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 worry following

February 4, 2024

Business·Economy·India News

RBI’s Major Blow to Paytm

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 deposits or

February 2, 2024

Business·Economy·India News

RBI Eyes Status Quo on Rates

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 India’s (RBI)

December 6, 2023

Business·Tech LITE·Technology

RBI’s Consumer Credit Norms to Strengthen Financial Stability

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 with the

November 25, 2023

Business·Economy·India News

RBI Holds Key Repo Rate at 6.5%

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 RBI’s

October 23, 2023

Business·Economy·India News

RBI’s Forex Intervention as Rupee Gains Slightly

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 India’s foreign

October 1, 2023

Business·Tech LITE·Technology

Most G20 members back RBI’s views on crypto

Cryptocurrencies have financial and macroeconomic risks that will be appropriately evaluated by experts along with their recommendations to mitigate them before the G20 will finally consider the matter, a second person said…reports

July 25, 2023

-Top News·Business·India News

RBI Governor meets World Bank President during G20 meet

Talking about private sector investment, Banga said that there is no easy answer to private sector capital…reports Asian Lite News Reserve Bank of India Governor Shaktikanta Das met World Bank President Ajay

July 18, 2023

-Top News·India News

RBI hails India’s strong recovery

The central bank noted that the overall domestic financial resource balance continued to improve, turning marginally positive at 0.3 per cent of GDP in 2020-21…reports Asian Lite News Even as global growth

March 22, 2023

Business·Economy·India News

RBI - Page 2