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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Latest news

Appointment

Somnath Adak Appointed Group Chief Financial Officer at TO THE NEW and CloudKeeper

TO THE NEW and CloudKeeper have appointed Somnath Adak as Group Chief Financial Officer (CFO), strengthening the financial leadership...
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Appointment

Altera Appoints Nishit Sahay as Chief Information Officer

Altera has appointed Nishit Sahay as its Chief Information Officer (CIO), strengthening the company’s senior technology leadership. In his...
Appointment

Chetan Garg Appointed Chief Financial Officer at RateGain

RateGain has appointed Chetan Garg as its Chief Financial Officer (CFO), strengthening the company’s senior leadership team. In his...