Reserve Bank of India (RBI)

Reserve Bank of India.

RBI fines Paytm Payments Bank for breach of norms

The RBI has slapped a Rs 5.39 crore fine on Paytm Payments Bank for not complying RBI guidelines related to know your customer (KYC) norms and not reporting incidents of cyber security breaches in time. Oct 13, 2023
Mallikarjun Kharge

Kharge hits back at Centre after RBI's paper on inflation

Congress President Mallikarjun Kharge on Saturday took a swipe at the Centre over inflation after the Reserve Bank of India (RBI) said that the public is now spending less as a result which in turn have decreased sales. Jun 24, 2023
RBI

RBI lifts business curbs imposed on American Express Bank

The Reserve Bank of India (RBI) has lifted the business restrictions imposed on American Express Banking Corp due to the satisfactory compliance demonstrated by the entity to RBI rules, the central bank said in a release. Aug 25, 2022
RBI

RBI to increase interest rates by another 50-60 bps in 2022

The minutes of the August 22 Monetary Policy Committee of the RBI highlights that inflation continues to remain the key concern for the MPC members despite a deceleration in the overall price momentum after a peak of 7.8 per cent recorded in April, Acuite Ratings said in a note. Aug 23, 2022
rupees, dollars.

Forex: India's forex reserves rises after 4 weeks of fall

India's forex reserves rose around $2.4 billion during the week ending July 29 after falling for the four consecutive weeks. The rise was seen on back of positive inflows by the foreign investors in the Indian equity market. Aug 6, 2022
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