Paytm was given sufficient time, action after persistent non-compliance: RBI
The Reserve Bank said that Paytm was given sufficient time for compliance with the norms.
The Reserve Bank said that Paytm was given sufficient time for compliance with the norms.
It is proposed to streamline the onboarding process, including mandatory due diligence, for AePS touchpoint operators, to be followed by the banks, the Governor said.
RBI Governor Shaktikanta Das attributed comfortable inflation and firm growth dynamics as the reasons behind keeping the repo rate unchanged.
The RBI has also terminated the nodal accounts of One97 Communications Ltd., the parent company of Paytm, and Paytm Payments Bank Ltd.
The visit of Dr Raghuram Rajan, a former Governor of Reserve Bank of India, and a former Chief Economic Advisor, has generated a great deal of controversy.
The governor's decision to bring the J-K bank under the purview of RTI has become a topic of debate in the state.
Common parlance has every gubernatorial appointment being hailed as someone being “elevated” to that exalted position, in the Indian system…
The Indian rupee on Friday closed at 71.85, recovering 34 paise from its previous close of 72.19 per greenback.
The loot of at least Rs 20 lakh from the ATMs of several banks, both nationalised and private, has bamboozled…
The Indian rupee is expected to remain in the 68-72 range against the US dollar in the short term on rising external risks.
