Search Results for: PMC Bank

Razorpay gets RBI approval for Payment Aggregator license

The central bank issued a payment aggregator framework in March 2020, stating that payment gateways will be mandated to have a license in order to acquire merchants and provide them with digital payments acceptance solutions.

Jul 11, 2022

Supreme Court sentences Vijay Mallya to 4 months jail in contempt case

The apex court has given Mallya and his family a four-week deadline to deposit back $40 million, along with the accrued interest.

Jul 11, 2022

Shaktikanta Das, Governor, Reserve Bank of India

RBI projects inflation to ease in second half of FY23

Inflation was expected to moderate significantly to the target rate of four per cent by third quarter of FY23, with a projected average inflation rate of 4.5 per cent for 2022-23, said RBI Governor.

Jul 11, 2022

Need to develop world class higher educational institutes: Education Minister

Union Education Minister Dharmendra Pradhan on Saturday underlined the need to develop world class higher educational institutions to prepare 21st century-ready students.

Jul 10, 2022

RBI's measures to boost forex inflows may not increase inflows: Emkay report

The Reserve Bank of India's (RBI) move to relax regulations to boost foreign exchange inflows will not have any material change in receipts, but certainly helpful in directional forex signalling to speculators, said Emkay Global Financial Services Ltd.

Jul 7, 2022

Non-life insurers can offer innovative vehicle insurance covers [pay as you drive, pay how you drive]

More than two decades after the Indian insurance industry was opened up, the sectoral regulator has allowed the non-life insurers to offer innovative add-on covers on motor insurance policies.

Jul 6, 2022

Foreign Exchange: RBI relaxes regulations to boost forex inflows

The Reserve Bank of India (RBI) on Wednesday announced a series of measures to boost foreign exchange inflows.

Jul 6, 2022

BharatPe back on track after Ashneer controversy; records 112% growth [details]

Leaving the Ashneer Grover controversy behind, fintech platform BharatPe has closed one of the highest growth quarters in its history, facilitating over Rs 3,600 crore in loans in the first quarter (April-June period) of FY23.

Jul 6, 2022

ED raids Vivo, other Chinese firms in money laundering case

The Enforcement Directorate (ED) on Tuesday conducted raids at nearly 40 locations in Uttar Pradesh, Madhya Pradesh, Bihar, and in southern states, in connection with a prevention of money laundering case linked to Vivo and associated Chinese firms.

Jul 6, 2022

Odisha EOW asks Google to remove 45 'illegal' loan apps from Play Store

1 in 2 Indians victims of extortion, data misuse due to instant loan apps, reveals survey

A new report by community social media platform LocalCircles released on Tuesday showed that over 54 per cent of citizens surveyed experienced extortion or data misuse during the collection process from instant loan apps

Jul 6, 2022

Indian rupee hits a low of Rs 79.36 against USD, gold touches Rs 54K

The Indian rupee on Tuesday hit a low of Rs 79.36 against the US dollar and experts expect further depreciation.

Jul 6, 2022

ED attaches Rs 234.75 cr property of Chennai jeweller; another money laundering case unearthed

The attachment is on a criminal case filed by the Enforcement Directorate (ED) in a money laundering case of reportedly cheating Indian Bank.

Jul 3, 2022

Meta to end digital wallet service Novi by September 1; here's why [details]

Meta, formerly Facebook, is all set to shut down the pilot for its digital wallet service Novi and the company wants users to withdraw their balance before it is no longer available, which is September 1.

Jul 3, 2022

Large borrowers' loan accounts and bad loans decline: RBI's Financial Stability Report

The share of large borrowers for scheduled commercial banks (SCB) has declined in the recent times while their share in the gross non-performing assets (GNPA) also went down, said the Reserve Bank of India (RBI).

Jul 2, 2022

RBI hits hard on Bitcoin, DeFi, crypto trading platforms

The Reserve Bank of India (RBI) has slammed unbacked crypto assets (such as Bitcoin), stablecoins and decentralised finance (DeFi) and crypto asset trading platforms, underscoring the need for regulatory guardrails to ensure financial stability and consumer and investor protection.

Jul 2, 2022

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Search Results for: PMC Bank

Razorpay gets RBI approval for Payment Aggregator license

Supreme Court sentences Vijay Mallya to 4 months jail in contempt case

RBI projects inflation to ease in second half of FY23

Need to develop world class higher educational institutes: Education Minister

RBI's measures to boost forex inflows may not increase inflows: Emkay report

Non-life insurers can offer innovative vehicle insurance covers [pay as you drive, pay how you drive]

Foreign Exchange: RBI relaxes regulations to boost forex inflows

BharatPe back on track after Ashneer controversy; records 112% growth [details]

ED raids Vivo, other Chinese firms in money laundering case

1 in 2 Indians victims of extortion, data misuse due to instant loan apps, reveals survey

Indian rupee hits a low of Rs 79.36 against USD, gold touches Rs 54K

ED attaches Rs 234.75 cr property of Chennai jeweller; another money laundering case unearthed

Meta to end digital wallet service Novi by September 1; here's why [details]

Large borrowers' loan accounts and bad loans decline: RBI's Financial Stability Report

RBI hits hard on Bitcoin, DeFi, crypto trading platforms

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]