DD India
March 15, 2024 12:34 PM
Paytm Payments Bank will stop offering services like accepting deposits and processing credit transactions starting March 15, as directed by the Reserve Bank of India. (https://www.rbi.org.in/commonperson/English/scripts/FAQs.aspx?Id=3573) The RBI ...
February 24, 2024 11:31 AM
The Reserve Bank of India (RBI) on Friday directed the UPI watchdog, the National Payments Corporation of India (NPCI), to examine the request of One97 Communication Ltd (OCL) to become a Third-Party Application Provider (TPAP) for the UPI channel, e...
February 10, 2024 12:55 PM
The Ministry of Finance, in collaboration with the Reserve Bank of India (RBI), is set to launch the Sovereign Gold Bond Scheme 2023-24 (Series IV), which will be open for subscription from February 12th to February 16th, 2024. This scheme allows inv...
February 8, 2024 11:27 AM
The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 percent during its recent meeting. They also forecasted India's GDP growth for the upcoming financial year 2024-25 to be 7 percent. Breaking it down, they anticipate a gr...
February 8, 2024 11:27 AM
The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 percent for the sixth time in a row during its February meeting. The repo rate is the interest rate at which RBI lends money to other banks. RBI Governor Shaktikanta Da...
February 8, 2024 11:19 AM
Reserve Bank of India will announce its bi-monthly policy today amid expectations of a continued pause on the key interest rate. RBI Governor Shaktikanta Das will announce at 10 AM the decisions taken during the 3-day meeting of the Monetary Policy C...
February 6, 2024 11:27 AM
In its latest report, the Organization for Economic Co-operation and Development (OECD) has raised India's growth outlook for the fiscal year 2024-25 (FY25) to 6.2%, up from the earlier estimate of 6.1%. This positive change follows a strong performa...
February 1, 2024 5:46 PM
The Reserve Bank of India (RBI) on Wednesday ordered Paytm Payments Bank to stop all forms of banking services including accepting deposits and processing of payments within a month. The central bank has put a freeze on all basic transaction services...
January 1, 2024 1:20 PM
The National Payments Corporation of India (NPCI) officially introduced 'UPI for Secondary Market' on Monday, enhancing the ease of equity trading in the country. The initiative, approved by the Securities and Exchange Board of India (SEBI) a...
December 27, 2023 8:51 AM
The Reserve Bank of India (RBI) has released a draft- 'Licensing Framework for Authorised Persons (APs)' under Foreign Exchange Management Act (FEMA), 1999. According to RBI release, the focus of the draft norms is on rationalising the authorisation...
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