Though the restoration in capital funding will in all probability be considerably deterred because of the world financial slowdown, India’s non-public sector could also be preparing for stepping up funding…
RBI
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Finance News
RBI slaps Rs 3 crore penalty on Amazon Pay India for violating KYC norms, pay as you go fee provisions
by Piaworldby PiaworldThe Reserve Financial institution of India has slapped a penalty of Rs 3.06 crore on Amazon Pay India Pvt Ltd – the funds arm of Jeff Bezos’ Amazon. The RBI…
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Finance News
SBI might look to chop Sure Financial institution stake as soon as lock-in ends: Sources
by Piaworldby PiaworldState Financial institution of India might look to decrease its stake in Sure Financial institution after a lock-in interval ends on March 6, which was put in place by the…
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Finance News
India seeks information on state-bank bond portfolios amid international banking turmoil: Sources
by Piaworldby PiaworldIndia has requested state-owned lenders to submit particulars of their bond portfolios forward of a quarterly assembly between the federal government and banks this Saturday, amid the turmoil in international…
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Reserve Financial institution of India governor Shaktikanta Das has bagged the ‘Governor of the yr’ 2023 award by worldwide economics journal Central Banking. The journal has cited Das’ work in…
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Finance News
RBI, UAE central financial institution signal pact for CBDC transactions
by Piaworldby PiaworldThe Reserve Financial institution of India on Wednesday stated it has signed a memorandum of understanding (MoU) with the Central Financial institution of the UAE for selling varied rising areas…