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"Markets Will Determine Prices": RBI Governor To NDTV Profit On Falling Rupee
The Rupee slipping past the Rs 90-per-dollar mark has been a psychological shock on the people. Sanjay Malhotra -- who replaced Shaktikanta Das recently as the Governor of the Reserve Bank of India -- said the Indian market will determine prices.
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Rupee At Rs 95? What's Driving The Drop And Why The RBI May Not Hold The Line
Unlike countries that peg their currency (like the UAE) or let markets freely determine exchange rates (like the U.S. or EU), India traditionally walks a middle path, with the RBI intervening to curb sharp fluctuations.
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To Curb Fraud, Banks May Soon Call You From Numbers Starting With These Digits
The RBI on Friday asked banks to use only the '1600xx' phone numbering series to call customers for transactional purposes with a view to preventing financial fraud.
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RBI Governor Signals He's Open To More Flexible Rupee
New central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb excessive moves, according to people familiar.
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RBI Plans Curbs On Suspect Bank Accounts To Fight Cyber Fraud: Report
India's central bank plans to soon change guidelines to permit banks to temporarily freeze accounts suspected of being used to commit cyber crimes, as it battles a rising wave of online crime, three sources told Reuters.
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Should Existing Kotak Mahindra Bank Customers Be Worried Over RBI Curbs?
Kotak Mahindra Bank must immediately stop onboarding new customers through its online and mobile banking channels and issuing new credit cards, the Reserve Bank of India said as it flagged "serious deficiencies and non-compliances".
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RBI Curbs On Kotak Mahindra Bank: No New Online Customers, Credit Cards
Citing data security concerns, the Reserve Bank of India has barred Kotak Mahindra Bank from onboarding new customers online and issuing new credit cards with immediate effect. The bank can, however, continue to serve its customers
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Google Pay, PhonePe Gain Customers After RBI's Curbs On Paytm
Google and Walmart Inc. are rapidly gaining customers from India's Paytm, the fintech pioneer struggling to navigate central bank restrictions and the potential shutdown of a key payments affiliate.
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RBI Not Planning Harsher Rules to Curb Fintech Sector After Paytm Strictures, Official Says
The Reserve Bank of India does not plan to impose drastic measures on India's fintech sector after the recent action against Paytm Payments Bank, according to P Vasudevan, an executive director in charge of enforcement at the central bank. Paytm has been in the crosshairs of the regulator for some time, with multiple warnings over the past two year...
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Paytm CEO Vijay Shekhar Sharma Said to Be in Talks With RBI Over Regulatory Concerns
Paytm Chief Executive Vijay Shekhar Sharma met the Indian central bank on Monday to discuss plans to address regulatory concerns, two sources with direct knowledge of the talks said on Tuesday, days after the regulator imposed curbs on its banking affiliate.
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"Markets Will Determine Prices": RBI Governor To NDTV Profit On Falling Rupee
The Rupee slipping past the Rs 90-per-dollar mark has been a psychological shock on the people. Sanjay Malhotra -- who replaced Shaktikanta Das recently as the Governor of the Reserve Bank of India -- said the Indian market will determine prices.
-
Rupee At Rs 95? What's Driving The Drop And Why The RBI May Not Hold The Line
Unlike countries that peg their currency (like the UAE) or let markets freely determine exchange rates (like the U.S. or EU), India traditionally walks a middle path, with the RBI intervening to curb sharp fluctuations.
-
To Curb Fraud, Banks May Soon Call You From Numbers Starting With These Digits
The RBI on Friday asked banks to use only the '1600xx' phone numbering series to call customers for transactional purposes with a view to preventing financial fraud.
-
RBI Governor Signals He's Open To More Flexible Rupee
New central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb excessive moves, according to people familiar.
-
RBI Plans Curbs On Suspect Bank Accounts To Fight Cyber Fraud: Report
India's central bank plans to soon change guidelines to permit banks to temporarily freeze accounts suspected of being used to commit cyber crimes, as it battles a rising wave of online crime, three sources told Reuters.
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Should Existing Kotak Mahindra Bank Customers Be Worried Over RBI Curbs?
Kotak Mahindra Bank must immediately stop onboarding new customers through its online and mobile banking channels and issuing new credit cards, the Reserve Bank of India said as it flagged "serious deficiencies and non-compliances".
-
RBI Curbs On Kotak Mahindra Bank: No New Online Customers, Credit Cards
Citing data security concerns, the Reserve Bank of India has barred Kotak Mahindra Bank from onboarding new customers online and issuing new credit cards with immediate effect. The bank can, however, continue to serve its customers
-
Google Pay, PhonePe Gain Customers After RBI's Curbs On Paytm
Google and Walmart Inc. are rapidly gaining customers from India's Paytm, the fintech pioneer struggling to navigate central bank restrictions and the potential shutdown of a key payments affiliate.
-
RBI Not Planning Harsher Rules to Curb Fintech Sector After Paytm Strictures, Official Says
The Reserve Bank of India does not plan to impose drastic measures on India's fintech sector after the recent action against Paytm Payments Bank, according to P Vasudevan, an executive director in charge of enforcement at the central bank. Paytm has been in the crosshairs of the regulator for some time, with multiple warnings over the past two year...
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Paytm CEO Vijay Shekhar Sharma Said to Be in Talks With RBI Over Regulatory Concerns
Paytm Chief Executive Vijay Shekhar Sharma met the Indian central bank on Monday to discuss plans to address regulatory concerns, two sources with direct knowledge of the talks said on Tuesday, days after the regulator imposed curbs on its banking affiliate.
