RBI

India bans Mastercard from issuing new cards in data storage row

Finance

14 July, 2021

India bans Mastercard from issuing new cards in data storage row

The Reserve Bank of India on Wednesday indefinitely barred Mastercard Inc from issuing new debit, credit or prepaid cards to ......

Premium

TMT

08 July, 2021

Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz

Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the company's telecom business,...

TMT

02 July, 2021

Big Tech's push into India's financial sector raises concerns, says central bank

Plans by Big Tech to foray further into India's financial sector pose risks for traditional banks as the tech firms ......

TMT

01 July, 2021

Indian crypto exchanges flounder as banks cut ties after RBI frown

Indian cryptocurrency exchanges are scrambling to secure viable, permanent payment solutions to ensure seamless transactions after...

Finance

15 June, 2021

India central bank to focus on growth even as inflation breaches tolerance band

The Reserve Bank of India is unlikely to react yet to multi-month high retail prices as economic recovery remains its ......

Finance

08 June, 2021

SBI union, others urge Indian cbank to scrap digital payments plan

A union representing India's largest state-run bank and a global alliance have asked the central bank to bar large companies...

Markets

04 June, 2021

Indian shares close down after central bank holds rates steady

Indian shares closed slightly lower on Friday after the country's central bank kept interest rates unchanged as widely expected...

Finance

04 June, 2021

RBI expands borrowers limit to Rs 50 crores

The Reserve Bank of India (RBI) on Friday expanded the borrowing limit to Rs 50 crores for small businesses that ......

Economy

04 June, 2021

RBI assures ample liquidity even as it holds rates

The Reserve Bank of India (RBI) kept interest rates at record lows on Friday and announced additional bond purchases to ......

Economy

27 May, 2021

Revival of private demand key for Indian economic recovery, says RBI

India's economy has not moderated to the extent it did during the first wave but uncertainties can act as a ......

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