Page 219 - Finance News

RBI extends deadline for Paytm Payments Bank restrictions to March 15

Merchants can accept payment if account linked to other banks

Young Indians take to SIP on financial literacy: WhiteOak MF official

WhiteOak Capital Mutual Fund said GenZs and Millennials account for 56 per cent of their investors

Crypto currencies have no underlying value: RBI exec director Vasudevan

Ultimately it is a call that the government has to take on how to tackle crypto currencies, the official said

FM Sitharaman meets 16th Finance Commission chairman Arvind Panagariya

The commission, chaired by former vice chairman of Niti Aayog Panagariya, will be assisted by Secretary Ritvik Ranjanam Pandey, two joint secretaries and one economic advisor, in its functioning

NHAI removes Paytm Payments Bank from FASTag authorised service list

The National Highway Authority of India's list contain a total of 32 payment banks, scheduled commercial and small finance banks, that are authorised for FASTag services

Rupee appreciates 4 paise to 83.01 against US dollar in early trade

The rupee rose 4 paise to 83.01 against the US dollar in early trade on Friday, tracking positive cues from domestic equity marketsi

More time needed to weigh prospect of rate cut: Fed's Raphael Bostic

My expectation is that the rate of inflation will continue to decline, but more slowly than the pace implied by where the markets signal monetary policy should be, he said

Deposits paucity may hit Indian banks credit growth in FY25: Report

Private lenders with high loan-to-deposit ratio more vulnerable, says S&P

Look for ways to stay relevant in digital era: FM Sitharaman to SPMCIL

The Finance Minister was addressing the 19th Foundation Day celebrations of the SPMCIL in virtual mode

Green capital flows into emerging mkts must be bolstered: RBI governor

Vigilant in navigating final stretch of disinflation: Das

RBI orders Visa to stop unauthorised B2B card payment system: Report

Business-to-business payments via cards include payments by businesses to their vendors and in some cases tax payments by small units

Central banks of India, Nepal sign agreement to link UPI-NPI, says RBI

The formal launch of the linkage or commencement of operations will be done at a later date, the Reserve Bank said in a statement

Kendriya Vidyalaya students can now pay their fees via UPI mobile apps

Currently, there are 1.4 million students enrolled in Kendriya Vidyalayas across the country

Rupee appreciates 3 paise to 82.99 against US dollar in early trade

The rupee appreciated 3 paise to 82.99 against the US dollar in early trade on Thursday, amid a positive trend in domestic equities

'IFSCA to set up int'l arbitration centre at IFSC for dispute resolution'

Finance Minister Nirmala Sitharaman in her Budget speech in 2022 announced setting up of an international arbitration centre at Gujarat International Finance Tec-City (GIFT City)

Overnight index swap rates hint at late start to rate cuts: Traders

India's OIS market has seen 'paying pressure', with the impact being amplified amid unwinding of an earlier 'received position' by a large private bank, according to traders

Paytm crisis: Non-bank lenders explore options for loan disbursal

While non-bank lenders have not terminated their contracts with Paytm, sources said that they have no visibility as to when they might be able to resume lending through the Paytm app

Rupee registers marginal decline to 83.01 against US dollar in early trade

The rupee declined marginally to 83.01 against the US dollar in early trade on Tuesday amid a muted trend in domestic equities

SC issues notice to central govt on GST anti-profiteering provisions

Petitioner appeals against Delhi HC order upholding provisions; more companies may approach apex court

Regulations to climate risk: Managing challenges in a complex banking world

Banks must move beyond being transaction platforms to act as facilitators guiding customers