In the aftermath of the covid-19 pandemic, many do not drive as frequently as before, but still have to pay the same established annual premium based on the make or
Finance
Jul 9, 2022
RBI said the latest steps would help diversify and expand the sources of forex funding and reduce currency volatility. The Reserve Bank of India announced a series of steps to
Jul 7, 2022
The HDFC and HDFC Bank merger proposal is still awaiting a number of legal and regulatory approvals. On Monday, HDFC Bank announced that the RBI has approved its parent company
Jul 5, 2022
The Payments Council of India (PCI) and several fintech firms have urged the government to step in to resolve the fallout from a recent directive by the Reserve Bank of
Jun 27, 2022
At present, it seems unlikely that the exercise will be over before 30 June. Seeking an extension from the regulator seems inevitable,” one of the people cited above said, adding
Jun 20, 2022
Mastercard is a payment system operator, operating a card network in the country under the Payment and Settlement Systems Act. Along with Mastercard, Visa and RuPay are the three big
Jun 17, 2022
Description-: The Reserve Bank had received 11 applications to set up bank under the Guidelines for ‘on tap’ Licensing of Universal Banks and Small Finance Banks; six are already rejected,
May 18, 2022
BSE, which was earlier called the Bombay Stock Exchange, has decided to appoint Public Interest Director SS Mundra as its new Chairman. However, his appointment is subject to the approval
May 17, 2022
The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system, the RBI said in a release. With immediate
News
Mar 11, 2022
Shaktikanta Das, Governor of the Reserve Bank of India, stated on Thursday that private cryptocurrencies pose a significant risk to the country’s financial and macroeconomic stability. He also stated that
Feb 10, 2022
According to the RBI MPC, the policy repo rate will remain unchanged at 4 percent. Reverse repo rate will remain at 3.35 percent. The Monetary Policy Committee (MPC) of the
According to the Reserve Bank of India’s recent Financial Stability Report, the global economic recovery will lose speed in the second half of 2021 due to resurfacing Covid-19 infections, the
Dec 30, 2021
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