Business Tit-Bits: Chinese Connects, PayTM Is Not The Only one
Payment giant Paytm's transaction processing arm Paytm Payments Bank was recently directed to not take on new customers...
Tag : RBI
“Report Claiming Data Leak To China Firms False”: Paytm Bank
News agency Bloomberg had reported that the company's servers are sharing information with China-based entities that indirectly own a stake in the Paytm payments bank,...
Business Tit-Bits: Will CBDC Replace Physical Cash? |
Among the key personal finance announcements that Finance Minister Nirmala Sitharaman announced in her...
Nod For Establishment Of ‘Bad Bank’ To Settle Bad Loans Of Banks
Stressed assets are similar to non-performing assets (non-performing assets- NPAs), write off assets and restructured loans. That is, such debts which are not recoverable....
India’s economy has bright spots, ‘very dark stains’: Raghuram Rajan
by Aleesha Sam
Known for his frank views, Raghuram Rajan also said the government needs to do more to prevent a K-shaped recovery of the economy hit by...
Business Tit-Bits: Budget Time and The RBI Review
Finance minister Nirmala Sitharaman is all set to present the Union Budget 2022-23 on February 1. Budget 2022 will be...
Banks in India to be closed for 6 days before 2021 ends. Check details here
by Aleesha Sam
Till now, banks in December were closed for six days and the last holiday was on December 19, a Sunday. There are a total of...
Business Tit-Bits: Cryptos Await The PM’s Decision
The government today said a bill on cryptocurrency is under finalisation for consideration of the Cabinet. Answering a query on the increasing impact of cryptocurrency...
To Save Banks, We Have To Protect Depositors: PM Modi
by Sonu Kanojia
New Delhi: Prime Minister Narendra Modi on Sunday said that the move to increase deposit insurance cover to ₹5 lakhs from ₹1 lakh, will fully...
RBI Governor Warns Depositors And Says To Be Careful As High Returns Comes With High Risk
by Sonu Kanojia
Reserve Bank of India (RBI) Governor Shaktikanta Das cautioned depositors to be careful while chasing high returns as it comes with higher risk. New Delhi:...