Bengaluru: The digital payment service in India, Paytm, said on Friday that it has agreed with its payment bank unit to...
The RBI highlighted significant discrepancies between reported and assessed non-performing assets.
If the request by Paytm is approved, the app could continue processing payments via UPI- unified payments interface
RBI has instructed the bank to ensure that customers can withdraw or utilise the balance amount in their accounts even...
The directive was rooted in concerns of "persistent non-compliance" observed by the central bank.
The RBI last week ordered Paytm Payments Bank to halt taking new deposits in its accounts or popular digital wallets...
Mumbai: The Reserve Bank of India imposed a ban a penalty of Rs 8.8 lakh on Power Finance Corporation (PFC) Limited on...
The RBI's ruling noted "persistent non-compliance and continued material supervisory concerns in the bank" that were...
New regulations intend to enhance scope of the payment system
The central bank clarified that 97.26% of the high-value currency notes prevalent as of May 19, 2023, have since been...
"How come most of the people in the queue have exactly 10 pieces of Rs 2,000 currency notes? There is reason to doubt...
For those wishing to deposit or exchange Rs 2,000 banknotes, 19 RBI offices across the country offer this facility.
The suspension comes days after the Reserve Bank of India (RBI) barred the state-owned bank from onboarding fresh...
The RBI said that the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the...
