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Sensex reaches historic high of 84,928; Nifty closes at 25,939 in record stock market surge

The market's bullish momentum was largely influenced by anticipation surrounding the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting to be held October 7 to 9 and its decision on the repo rate....
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Why is Indian Rupee at lifetime-low despite weak US Dollar?

Analysts suggest that ongoing intervention by the RBI will be key to managing the currency’s value in the short term, but further weakness could be seen depending on global financial conditions....
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New hacking threat alert from RBI: What you need to know to stay secure

The RBI has alerted the public about a new type of fraud being used by hackers to deceive users. Consequently, people have been advised to be vigilant and avoid falling prey to these schemes....
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Not issuing credit card to senior citizens ‘a discriminatory behavior’ by RBI: Renuka Chawdhary

Renuka Chowdhary sparks controversy after questioning RBI's new guidelines which calls senior citizens uncreditworthy for credit cards...
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Retail inflation hits four-month high at 5.08 per cent in June

While the inflation rate remains within the RBI's tolerance range of 2-6 per cent, the significant rise in food and rural inflation hints at major challenges. RBI's cautious approach to monetary policy amidst these pressures will be crucial in handling the situation at hand....
Cyber fraud

RBI reveals alarming 400 percent surge in online payment fraud cases

The Reserve Bank of India has released concerning data on fraud cases from the last financial year. The surge in UPI payments has been accompanied by ...
Gold purchased in RBI

India's central bank relocates 100 tonnes of gold from UK for first time ever since 1991; Deets inside

According to the data, at the end of March RBI had around 822.1 tonnes of gold, of which 413.8 tonnes were stored overseas. The amount of precious met...
UPI

RBI proposes cash deposits through UPI: Here's how it will work

With the most recent release, you may now use your UPI to deposit cash at Cash Deposit Machines (CDMs) rather than requiring an ATM or debit card....
Paytm

Paytm denies 50% layoff reports post RBI's Payments Bank action

Paytm has stated that it is presently conducting its annual appraisal process, a standard practice across organizations, which does not signify any la...

RBI Governor: 85% of Paytm wallet users spared disruption; Others urged to link Wallet to Alternate Banks

Paytm Payments Bank was prohibited by the Reserve Bank of India on January 31 from taking deposits, credit transactions, or top-ups in any of its clie...
Vijay Shekhar Sharma

Paytm CEO Vijay Shekhar Sharma's initial response to RBI move: 'Valuable lessons acquired...'

Not withstanding the obstacles, Vijay expressed gratitude for the work regulators are doing to foster a supportive atmosphere for entrepreneurs....
Paytm Payments Bank fined Rs 5.49 crore for violating money laundering rules

Paytm Payments Bank fined Rs 5.49 crore for violating money laundering rules

The decision follows ongoing scrutiny of PPBL by the Reserve Bank of India (RBI) due to persistent non-compliance and significant supervisory concerns...
Paytm Payment Bank

Paytm ends all inter-company deals with its payments bank after RBI's crackdown

Paytm has announced it is terminating all inter-company agreements with its payments bank, Paytm Payments Bank, in order to reduce dependencies betwee...
RBI prohibited Paytm Payments Bank on January 31. since the RBI had discovered a lot of anomalies.

RBI Decision on Paytm Payments Bank: Implications for Customers and Company

With the interests of Paytm Payments Bank clients in mind, the Reserve Bank of India made a significant judgement. Paytm and Paytm Payments Bank UPI u...
RBI

RBI Governor emphasises vigilance in banking system against risk growth, here's why

Banks were also encouraged to actively engage in RBI's fintech initiatives and bolster their Digital Banking Units (DBUs) to enhance digital banking s...

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