Tag:Reserve Bank of India

Economy

India’s Economic Momentum Surges, RBI Anticipates Sustained 7% Growth Rate

The Reserve Bank of India's Monetary Policy Committee (MPC) member Shashanka Bhide has expressed confidence in the country's ability to sustain a robust growth...
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Paytm Receives NPCI Approval for User Migration to New Payment System Provider Bank Handles

Paytm owner One97 Communications (OCL) has secured approval from the National Payment Corporation of India (NPCI) to commence the migration of users from the...
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RBI Proposes Regulatory Approval for PoS Providers

In a move aimed at enhancing regulatory oversight in the payment ecosystem, the Reserve Bank of India (RBI) has proposed new guidelines for non-bank...
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Finance Ministry Proposes Enhanced KYC Procedures to Combat BoB World App Scams and Financial Frauds

In a proactive move against the rising tide of financial frauds, the Finance Ministry is advocating for an upgraded Know Your Customer (KYC) process...
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Economy

RBI Report Foresees Sustained Economic Revival Through Infrastructure and Investment

In a recent release of the Reserve Bank of India's (RBI) Monetary Policy Report for April 2024, a promising outlook for India's economic trajectory...
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RBI’s Regulatory Clampdowns to Enhance Compliance, Impact Financial Sector Growth

In a recent report, the Reserve Bank of India's (RBI) stringent measures on select banks and non-banking financial companies (NBFCs) are highlighted as pivotal...
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Finance

Banks Shift Focus from Non-Renewable to Renewable Energy Financing, Embracing ESG Criteria

In a significant shift towards sustainable financing, Indian banks are redirecting their focus from non-renewable energy projects to renewable sources, as indicated by recent...
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UPI Accounts for 80% of India’s Digital Payments: RBI Governor

The Reserve Bank of India (RBI) Governor addressed a distinguished gathering at the Digital Payments Awareness Week celebrations, highlighting the remarkable growth and security...
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Appointments

IAS Diwakar Nath Misra Appointed Government Nominee Director on NTPC Board

NTPC Limited has announced the appointment of IAS Diwakar Nath Misra as Government Nominee Director on its Board. Misra...
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Appointment

Fractal Appoints Shilpa Kedia as Chief Financial Officer

Fractal has appointed Shilpa Kedia as its Chief Financial Officer (CFO), adding a new leader to its senior management...
Appoitment

Jalgaon Janata Sahakari Bank Appoints Rakesh Patil as Chief Information Security Officer

Rakesh Patil has announced his appointment as Chief Information Security Officer (CISO) at Jalgaon Janata Sahakari Bank. In this...