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Sunday, October 17, 2021

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RBI

RBI flexes muscles : Mastercard stopped from getting new customers from July 22

In a major blow to payment services major Mastercard Asia/Pacific Pte Ltd, the Reserve Bank of India (RBI) on Wednesday imposed restrictions on on-boarding...

RBI asks banks to prepare for transition from LIBOR

The Reserve Bank of India (RBI) has issued an advisory asking banks to prepare for the transition out of London Interbank Offered Rate (LIBOR). In...

Bharat’s story of Black and White money

The latest available World Bank’s Findex 2017 Report had brought out that the proportion of adults with a formal account in Bharat has risen...

RBI bars MPs, MLAs from holding MD post in urban cooperative banks

In a crackdown on political interference, the Reserve Bank of India has barred MPs, MLAs and members of municipal corporations or other local bodies...

RBI calls for targeted policy support for export

The Reserve Bank of India (RBI) has suggested that the government should boost exports with a targeted policy support on an urgent basis. In his...

Yogi opts for RBI’s e-Kuber system for payment disbursement

To ease government transactions and improve transparency and efficiency, the Yogi Adityanath government has decided to implement the e-Kuber system of RBI to disburse...

Policy support: RBI MPC retains accommodative stance, rates

To support a faster economic recovery amid a resurgence of Covid-19 cases, the Reserve Bank of India on Wednesday retained its key short-term lending...

Decrypting the crypto conundrum

When Satoshi Nakamoto first put forth his white paper 'Peer to Peer Electronic cash system,' little did he know that it would revolutionize the...

Fiscal Fears: RBI to maintain rates, accommodative stance

High fiscal deficit levels along with fears of fanning inflations will deter the Reserve Bank of India (RBI) from administering a dose of lending...

RBI imposes Rs 2 cr fine on Deutsche Bank AG

The Reserve Bank of India (RBI) on Tuesday imposed a penalty of Rs 2 crore on Deutsche Bank AG for non-compliance with certain directions...

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