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RBI

RBI leaves rates unchanged, sees GDP growth at 7% for FY25

Economy

08 February, 2024

RBI leaves rates unchanged, sees GDP growth at 7% for FY25

India's key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as inflation remained ......

Mild recovery in Paytm shares after reports of CEO meeting finance minister, RBI officials

TMT

07 February, 2024

Mild recovery in Paytm shares after reports of CEO meeting finance minister, RBI officials

Shares of Paytm climbed as much as 10% on Wednesday after media reported that the embattled digital payments firm's CEO ......

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

Economy

06 February, 2024

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

India's MakeMyTrip and insurance seller PolicyBazaar have told the central bank its crackdown on digital payments firm Paytm will hurt ......

Paytm CEO in talks with RBI on regulatory concerns

Finance

06 February, 2024

Paytm CEO in talks with RBI on regulatory concerns

Paytm Chief Executive Vijay Shekhar Sharma met officials from the the Reserve Bank of India (RBI) on Monday to discuss ......

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% on Thursday, after a move by the country's financial regulator to halt ......

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 investments in alternate investment funds ......

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 statutory and regulatory compliance, the Reserve ......

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 assets, the governor of ......