De-duplication of Indian consumer data to complete by year-end: Mastercard
The moves comes in the backdrop of the regulator RBI asking such payment technology firms to comply with data localisation norms which requires them to store transactions data of Indian customers within the boundaries of India.
Public's interest in RBI goes beyond fixing interest rates
The change in image started with ‘Raghuram Rajan the Rockstar’ who made the RBI — ...
RBI slaps Rs 3.5-cr fine on Corp Bank, Allahabad Bank for flouting norms
Allahabad Bank said the RBI has imposed a penalty of Rs 1.5 crore fo...
Market Movers: FM promises more tax sops, RBI may stay put, bank FD rates may rise
A look at top macro triggers that may move market on February 7, 2019
IL&FS crisis: RBI brass meets LIC, Orix Corp
The RBI had earlier called all the shareholders of the group for the meeting, but later whittled it down to two of the large shareholders.
Governor Shaktikanta Das takes first step to douse anger on RBI promotion rule
Sources in RBI said that Das held a closed-door meeting with representatives of officers union on Thursday.
Banks ask RBI to ease ATM cash management rules
The forced stocktaking of demonetised notes revealed that there were several instances of discrepancies between cash in ATMs and what was shown in the books of banks.
Market Movers: DeMo man now RBI Guv; Congress resurgence in Hindi heartland; surging oil prices & more
Here’s a lowdown on top macro triggers that may move market on Wednesday.
Federal Bank gets RBI nod to enter Bahrain, Kuwait, Singapore
The Kochi-headquartered bank, which leads diaspora remittances, already has representative offices in Abu Dhabi and Dubai.
In a departure, Cabinet Secretary to take interview for RBI deputy governor
The vacancy is created by the superannuation of Khan who is due to retire on July 7 ,was promoted from within the ranks, appointed as a deputy governor in July 2011.
RBI's cryptocurrency clampdown: Will existing investors lose their money?
It is not just the apex bank that has clamped down on virtual currencies, the government, too, has issued stern warnings.
N Chandrababu Naidu panel on note ban to hold maiden meeting in Mumbai tomorrow
"We will discuss a whole range of issues related to demonetisation. Focus will be on transforming the country to a digital economy."
RBI bars Bandhan Bank from opening new branches, freezes CEO's compensation
The central bank went ahead with the move after the bank failed to adhere to a key licensing condition.
RBI rejects Maha Bank request to set off Rs 2,543 cr losses against share premium amount
A share premium account reflects amount in a company's balance sheet accrued from additional amount paid by shareholders that is in excess of the par value of shares issued to them.
New governor Shaktikanta Das lends a ear, PSU banks say ease PCA norms
In his first meeting with public sector banks based in Mumbai, Das listened to the issues concerning banking such as one-day default to Prompt Corrective Action.
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