The Dark Side of India’s Digital Revolution: Data Centers vs...
We all know that Data Center is one of the leading technologies in India and globally, we also know that Data Center performs a most crucial role in various kinds...
Tag: Reserve Bank of India
28 results found
Big financial scam at New India Cooperative Bank, what’s really...
New Delhi: The New India Cooperative Bank is in serious trouble, yes you hear it right! A massive ₹122 crore fraud was uncovered, The Economic Offences Wing (EOW) of the...
RBI unveils PRAVAAH, retail direct app, and fintech repository
New Delhi: On Tuesday, Reserve Bank of India (RBI) Governor Shaktikanta Das introduced three major initiatives: the PRAVAAH portal, a retail direct mobile app, and a fintech repository. PRAVAAH, which...
Chandrashekhar Ghosh steps down from Bandhan Bank board post-retirement
New Delhi: Bandhan Bank’s founder and managing director, Chandrashekhar Ghosh, has announced that he will not retain a non-executive role on the bank’s board upon his retirement on July 9th. Ghosh made...
SBI responds to regulatory changes, allocates Rs 240 Crore for...
New Delhi: In the December quarter, State Bank of India (SBI), the country’s largest lender, disclosed a provision of Rs 240 crore related to its investments in alternative investment funds...
Why are formal money lenders better than informal money lenders?
Author Article by Parry Singh Founder and CEO Red Fort Capital In today’s financial landscape, credit availability is becoming increasingly important for individuals and businesses alike. When seeking financial assistance,...
Fifty per cent of Rs 2,000 notes reversed with banks:...
New Delhi: Approximately 50% of the total outstanding Rs 2,000 denomination notes in circulation as of March 31 have been returned to banks since May 19, according to Reserve Bank...
RBI Policy Announcement Receives Favorable Feedback from Real Estate Experts
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das announced on June 8 it’s Monetary Policy Committee meeting has decided to keep the key policy repo rate unchanged at 6.5...
PhonePe launches account aggregator services
New Delhi: PhonePe, a leading fintech company, has recently introduced its account aggregator services to facilitate the sharing of financial data between app users and regulated financial institutions, thereby simplifying access...
RBI: India pace to be seen between 6 and 6.5%...
The central bank said that while the country's economic activity has picked up in recent months, the ongoing COVID-19 pandemic and the associated containment measures could weigh on growth prospects.
