Others News

RBI Expected to Provide Clarification on Paytm Services, Says Financial Services Secretary

09 February 2024 at 09:16

The Reserve Bank of India (RBI) is deliberating on potential actions regarding Paytm Payments Bank (Paytm PB) following regulatory non-compliance issues

Posted in Others | 2589 Views

RBI Keeps Repo Rate Unchanged At 6.50%

08 February 2024 at 13:07

On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today

Posted in Others | 1896 Views

Paytm CEO Meets FM Nirmala Sitharaman Amid Paytm Payment Bank Crisis

08 February 2024 at 09:28

In a bid to address the escalating crisis involving Paytm's banking arm, Paytm Payment Bank (PPBL), Vijay Shekhar Sharma, the founder and CEO of Paytm, held a crucial meeting with Union Finance Minister Nirmala Sitharaman on February 6.

Posted in Others | 2790 Views

RBI Ban on Paytm Payments Bank and Its Implications for FASTags

05 February 2024 at 09:24

Reserve Bank of India (RBI) has imposed restrictions on Paytm Payments Bank, prohibiting it from accepting deposits or top-ups in any customer account, including FASTags, after February 29, 2024.

Posted in Others | 1 comments | 6777 Views

Finance Ministry Projects 7% GDP Growth for FY25, $7-Trillion Economy by 2030

31 January 2024 at 09:08

In a recent report released on Monday, the Finance Ministry of India presented a positive outlook on the country's economic growth, projecting a close-to-7-percent GDP growth for the fiscal year 2025

Posted in Others | 2019 Views

Finance Ministry Seeks Public Input on Draft 'Indian Stamp Bill, 2023' within a period of 30 days

19 January 2024 at 09:12

Department of Revenue, Ministry of Finance, invites suggestions on draft 'Indian Stamp Bill, 2023' from public within a period of 30 days

Posted in Others | 2913 Views

RBI | 97.38% of Rs 2000 Banknotes Returned Since Withdrawal Announcement

02 January 2024 at 11:42

The Reserve Bank of India (RBI) had announced the withdrawal of Rs 2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. T

Posted in Others | 2226 Views

Revised Interest Rates Announced on Small Savings Schemes for Q4 2023-24

30 December 2023 at 16:11

The Ministry of Finance has recently announced revisions to the interest rates on various Small Savings Schemes for the fourth quarter of the financial year 2023-24. These changes, set to take effect from January 1, 2024, and extend through March 31,

Posted in Others | 4671 Views

RBI Unveils Clarifications on Appointment Guidelines for SCAs/SAs in Banks and NBFCs

28 December 2023 at 15:23

Clarification regarding Guidelines issued by RBI for Appointment of SCAs/SAs of Commercial Banks (Excluding RRBs), UCBs and NBFCs (including HFCs)

Posted in Others | 2133 Views

RBI imposed Rs 40.39 crore worth of Penalties on Banks, NBFCs & Others in FY 2022-23

20 December 2023 at 09:46

Minister of State for Finance Bhagwat Karad disclosed that the RBI has imposed penalties totaling Rs 40.39 crore on various financial entities, including banks, NBFCs and others, during the FY 2022-23.

Posted in Others | 4944 Views