Tag: Reserve Bank of India
RBI Bars Paytm Payments Bank From Accepting Deposits In Any Customer Account From March
The Reserve Bank of India (RBI) on January 31 imposed restrictions on Paytm PaymentsBank Ltd (PPBL), following a system audit report and subsequent compliance validationreport of external auditors. PPBL is barred from […]
RBI Needs To Adopt ‘Unconventional’ Monetary Policy Measures To Revive Economy
Analysts have started doubting if the interest rate cuts alone, beyond a point, are effective anymore when the economy is in a contraction mode, saying that the Reserve Bank of […]
Kerala HC: SMS Alert, not the last resort for unauthorized transactions
The latest order form Kerala HC has made a judgment about the unauthorized transactions, as the case between State Bank of India V. PV George, where the customer’s account withdraw […]
Urjit Patel appointed new RBI governor, to replace Raghuram Rajan
Eminent economist, consultant and banker Urjit Patel was on Saturday appointed new Governor of the Reserve Bank of India. Patel will replace Raghuram Rajan. The appointment is for a period […]