Friday, November 22, 2024

TOPIC

RBI

Economy and Finance

India’s foreign exchange reserves cross $636 Billion, at over two-year high

ANI -
Forex reserves or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
News Reports

‘FedEx courier’ scam in Bengaluru: Tech company CEO loses Rs 2.3 crores to fraudsters claiming to be Mumbai Crime Branch officers

OpIndia Staff -
The unknown caller told the victim that they were calling from FedEx Mumbai and they repeated his name, Aadhar number, and mobile number to confirm his identity.
News Reports

RBI gives 15-day extension to Paytm Payments Bank, issues FAQ clarifying that Paytm QR, Soundbox and POS terminal linked to other banks will continue...

ANI -
The Reserve Bank of India on Friday gave a 15-day relaxation to Paytm payments bank on accepting deposits.
News Reports

Persistent non-compliance: RBI explains why they took action against PayTM Bank

OpIndia Staff -
Speaking about RBI’s order against Paytm Payments Bank (PPB), RBI deputy governor Swaminathan J explained that the action was taken only after giving the firm sufficient time to comply
News Reports

Trader’s body CAIT advises traders to switch from Paytm to other payment apps following RBI’s order against Paytm Payments Bank

OpIndia Staff -
"CAIT believes that if there is any evidence of fund irregularities, the Enforcement Directorate (ED) should investigate Paytm Payment Bank," the release added.
Opinions

Is Raghuram Rajan the ‘disease’ or a symptom of a wider disease: Defining the Woke problem and what the solution can be

Ganesh R -
Only Raghuram Rajan himself can explain the reasons and motives, I can only speculate. My guess is, that he is desperate to become India’s next PM if not FM
News Reports

Did Raghuram Rajan casually lie about his salary? Former RBI governor claims his annual salary in office was Rs 4 lakhs

OpIndia Staff -
In a podcast with YouTuber Raj Shaman, Raghuram Rajan claimed his annual salary as the RBI Governor was Rs 4 lakhs.
News Reports

This will be a game changer for the payments industry: Payments Council of India welcomes RBI allowing tokenisation of cards through banks

ANI -
The Payments Council of India (PCI), a representative body of the non-banking payment industry in India, welcomed the RBI's move to enable the issuing of tokens for cards via internet and commercial banks.
News Reports

RBI asks Bajaj Finance to stop issuing loans under ‘eCOM’ and ‘Insta EMI Card’ for violation of digital lending guidelines

OpIndia Staff -
RBI asks Bajaj Finance to stop sanction and disbursal of loans under its two lending products with immediate effect
News Reports

More than 97 per cent of Rs 2,000 banknotes returned to the banking system, Rs 10,000 crore worth of notes in circulation: RBI 

OpIndia Staff -
The Reserve Bank of India said Rs 10,000 crore worth of Rs 2,000 notes are currently in circulation.
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