Last week, visuals of anxious depositors lining up outside branches of Mumbai-based New India Cooperative Bank went viral on social media. This, after RBI imposed...
Hundreds of panic-stricken account holders at New India Co-operative Bank lined up outside its branches on Friday. This is a day after the Reserve Bank...
Customers were seen queuing outside the New India Co-operative Bank branch in Mumbai to withdraw their money after the Reserve Bank of India (RBI) issued...
According to government data released on April 12, 2024, retail inflation dropped to a 10-month low of 4.85% in March from February’s 5.09%. Economists polled...
The Reserve Bank of India (RBI) is addressing the surge in illegal loan-giving apps and cyber fraud by proposing DIGITA, a Digital India Trust Agency....
Paytm Payments Bank Limited (PPBL) is considering a workforce reduction of about 20% amid uncertainties regarding the bank’s future. The decision reportedly stems from the...
RBI Governor Shaktikanta Das stated that Paytm Payments Bank was afforded ample time before regulatory action was taken. Das emphasized the central bank’s thorough supervisory...
RBI Governor Shaktikanta Das announced that the Monetary Policy Committee (MPC) opted to keep the repo rate at 6.5%, aligning with economists’ expectations. This marks...
The founder and CEO of Paytm, Vijay Shekhar Sharma, recently convened with Finance Minister Nirmala Sitharaman and representatives from the Reserve Bank of India (RBI)...