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Paytm slumps another 20% after RBI clampdown on payments bank

Finance

02 February, 2024

Paytm slumps another 20% after RBI clampdown on payments bank

Shares of Indian digital payments firm Paytm tumbled 20% on Friday after a central bank clampdown on its payments bank ......

Explained: What next for Paytm's banking arm after RBI clampdown?

Finance

01 February, 2024

Explained: What next for Paytm's banking arm after RBI clampdown?

The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in ......

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Finance

01 February, 2024

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Shares of Indian payments firm Paytm tumbled 20% in pre-open trade on Thursday, after a move by the country's ......

RBI, SEBI mull exemptions for recent AIF investment rules

Finance

19 January, 2024

RBI, SEBI mull exemptions for recent AIF investment rules

India's central bank and market regulator are considering exemptions to recently tightened rules for bank ......

RBI issues draft framework for fintech self-regulatory body

TMT

15 January, 2024

RBI issues draft framework for fintech self-regulatory body

Indian financial technology (fintech) firms should create a self-regulatory organisation (SRO) that will ensure ......

RBI chief favours financial creditor-led resolution framework for stressed assets

Finance

11 January, 2024

RBI chief favours financial creditor-led resolution framework for stressed assets

Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed ......

Banks' asset quality to improve further over next 12 months: RBI report

Finance

28 December, 2023

Banks' asset quality to improve further over next 12 months: RBI report

The health of theĀ Indian financial system is steadily improving and banks' asset quality is expected to improve ......

Piramal Enterprises to provision for AIF exposure as RBI tightens rules

Finance

21 December, 2023

Piramal Enterprises to provision for AIF exposure as RBI tightens rules

India's Piramal Enterprises said on Thursday that it will set aside provisions for certain exposures to investments ......

RBI imposes curbs on banks, NBFCs' investments in private credit funds, other AIFs

Finance

19 December, 2023

RBI imposes curbs on banks, NBFCs' investments in private credit funds, other AIFs

The Reserve Bank of India Tuesday imposed restrictions on banks and non-banking finance companies (NBFCs) from investing......

RBI keeps repo rate unchanged as focus on inflation remains

Economy

08 December, 2023

RBI keeps repo rate unchanged as focus on inflation remains

The Indian central bank's key lending rate was held steady on Friday with inflation control remaining a major focus ......

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