Reserve Bank Of India

FirstUp: Pakistan holds polls, RBI concludes MPC meet... Today's big stories

The RBI will conclude its three-day Monetary Policy Committee meet in Mumbai. Across the border, Pakistan is set to hold its general elections today. The United States Supreme Court will have former president Donald Trump's political future in its hands. Here's a guide to today's big stories

FirstUp: PM Modi in Goa, Nawaz Sharif to hold rally... Today's big stories

Prime Minister Narendra Modi is set to visit Goa to inaugurate several developmental projects. The Reserve Bank of India’s three-day monetary policy committee meet begins today. Nawaz Sharif will hold a PMLN rally on the final day of election campaigning. Here's a guide to today's big stories

Vantage | The big message in RBI's Paytm crackdown

The RBI's order on Paytm underscores the crucial role of robust institutions in maintaining stability in the financial sector

‘RBI order a speed bump, app to continue working beyond Feb 29,’ says Paytm & One97 CEO Vijay Shekhar Sharma

Describing the RBI order that has imposed restrictions on Paytm Payments Bank as a big speed bump, Paytm & One97 CEO Vijay Shekhar Sharma has tried to assure users that the digital payments and services app will continue to operate without disruption beyond February 29

Paytm’s Downfall: Once valued at over Rs 18,300 cr, stock sees another 20% dip, now at Rs 487

Paytm's stock saw another dip of 20% on Friday, after the 20% dip on Thursday, following the RBI's decision's against Paytm Payments bank. The stock is now at Rs 487, nearing its all-time low of Rs 438, which it fell to in March 2022

Can you still use Paytm FASTag after 29 February?

The Reserve Bank of India has directed Paytm Payments Bank to stop accepting deposits or top-ups in any of its key offerings after 29 February. Users will be able to use the Paytm FASTag later, however, they won't be able to recharge their Paytm FASTags using the Paytm Wallet

‘World can’t afford crypto mania, what's good for another market need not be good for us,’ says RBI Guv

While the US SEC has approved Bitcoin ETFs, India's RBI Governor Shaktikanta Das has said that the world is not ready for 'traveling down that path as it will create huge risks' and what is good for another market need not be good for India

97.26% of Rs 2,000 notes returned since May 19 when they were withdrawn: RBI

The Reserve Bank of India (RBI) on Friday said that  97.26% of Rs 2,000 notes in circulation as of May 19, 2023, have returned, adding, that the notes still continue to be a legal tender

RBI tightens norms for personal loans and credit cards, raises capital requirements

Following weeks of warning lenders about the spike in unsecured personal loans, the Reserve Bank of India intervened on Thursday to make it more expensive for banks and non-banks to lend to this market by requiring them to set aside additional capital

Bar recovery agents from calling borrowers before 8 am, after 7 pm, proposes RBI

The draught further stated that the REs should have a management structure in place to oversee and regulate their outsourcing operations. The RBI has invited stakeholders to comment on the draught by November 28, 2023