All posts tagged "RBI"

Business

Skydo Secures RBI Authorisation as Cross-Border Payment Aggregator

Key Development Skydo, a Bengaluru‑based cross‑border payments platform, has received final authorisation from the Reserve Bank...

Business

RBI slaps penalties on five major banks over regulatory non-compliance

In all cases, the RBI said the fines are based on flaws in regulatory compliance and...

Business

Bank of India cuts home loan interest rates following RBI’s repo rate reduction

Bank of India: The lender has even lowered interest rates by 25 bps across select existing...

Business

RBI expected to cut interest rates by 50-75 bps in 2025-26: Crisil report

On the growth front, the Crisil note stated that in the next financial year, facilitating monetary...

Business

RBI to overhaul currency management infrastructure for future needs

RBI: The plan has created greenfield currency management centers, warehouse automation, security and surveillance systems, an...

Business

Kotak Mahindra Bank Plans Expansion Despite Digital Restrictions

Kotak Mahindra Bank aims to increase its pace of branch openings, planning to add approximately 175...

Business

RBI increases gold reserves amid global geopolitical uncertainty

RBI: Experts say that the recent global perturbation necessitates that reserves be diversified away from volatile...

Business

RBI Imposes Penalties on Yes Bank and ICICI Bank

The Reserve Bank of India (RBI) has imposed monetary penalties on Yes Bank and ICICI Bank...

Business

Vijay Shekhar Sharma Addresses Shareholders Amidst Challenges

Paytm founder Vijay Shekhar Sharma conveyed a positive outlook to shareholders in a post-earnings call, stating...

Business

RBI march forex activity: a significant increase in net purchases

In February, RBI had bought a net of $8.557bn on the spot. The Reserve Bank of...