Topics: RBI

Union Budget Live: YES BANK, Finance Sector Eyes For Digital Transformation & MSME Growth in Budget 2024

With strong tax collections and a bumper dividend from the RBI, YES Bank and experts from the banking and finance sector have expressed their...

BlackSoil invests $4.5 Mn of growth capital in Blu-Smart Mobility, BigHaat & LoanTap

Leading venture debt player BlackSoil Capital today announced that it has provided $4.5+ Mn of growth capital to three distinguished startups. The startups are...

“I was sitting on the fence for the crypto segment,” says Anirudh. A. Damani of Artha Venture Fund

Speaking on the Finance Minister Niramala Sitharaman announcement on cryptocurrency during the Budget 2022-23, Anirudh. A. Damani, Managing Partner of Artha Venture Fund said, ...

Budget 2022-23: Banking, Finance, Neo Bank, NBFC Sector Reactions

Banking, Neo bank, NBFC & Business  market reactions on Budget 2022-23: As Finance Minister Nirmala Sitharaman on Tuesday made an announcement outlining the economic...

CBS Bank appointed as Agency Bank by RBI

CSB Bank has been empanelled as 'Agency Bank' by the Reserve Bank of India (RBI). This appointment will allow CSB Bank to undertake the...

Anand Kumar Bajaj, MD & CEO of PayNearby on RBI Monetary Policy

Anand Kumar Bajaj, Founder, Managing Director & CEO of PayNearby on RBI Monetary Policy said, "The pandemic boosted the need for contactless payments and...

Sarvatra Technologies MD & Vice Chairman Mandar Agashe on RBI Monetary Policy

Commenting on the RBI Monetary Policy, Sarvatra Technologies Managing Director & Vice Chairman, Mandar Agashe said, "This year interestingly, despite record purchase transactions during...

Bandhan Bank Chief Economist & Head of Research Siddhartha Sanyal on RBI Monetary Policy

Speaking on the RBI Monetary Policy that was announced on Tuesday, Bandhan Bank's Chief Economist & Head of Research Siddhartha Sanyal said, "Maintaining status...

Tata Capital MD & CEO Rajiv Sabharwal on RBI Monetary Policy

Speaking on the monetary policy announced by the Reserve Bank Of India (RBI), Rajiv Sabharwal, Managing Director & CEO of Tata Capital said, "RBI...

Yes Bank Chief Economist Indranil Pan on RBI Monetary Policy

Speaking on the monetary policy announced by the Reserve Bank Of India (RBI) on Tuesday, Yes Bank's Chief Economist, Indranil Pan said, "Monetary policy...

RBI Monetary Policy: Repo Rate remains Unchanged, Inflation, GDP, UPI Transaction

Citing to the rising fear of COVID-19 Omicron variant in the country, The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on Tuesday...

Jana Small Finance Bank partners with TReDS platforms

Jana Small Finance Bank Friday announced its partnership with all the three existing TReDS platforms, including M1xchange, RXIL, and A.TReDS.  The Bank in its issued...

RBI appoints Bandhan Bank as an agency bank

Reserve Bank of India (RBI) on Monday announced the appointment of Bandhan Bank as an Agency Bank of the RBI for undertaking Government business. "The...

“Crypto should be deemed as a foreign asset,” Says R Gandhi, RBI’s Former Deputy Governor

Former Deputy Governor of Reserve Bank of India (RBI), R Gandhi on Tuesday said, "Crypto needs to be treated as a foreign asset and...

Nium to buy Wirecard Forex

Nium, a leading global payments platform, today announced it has signed a definitive agreement to acquire Wirecard Forex India Pte. Ltd – a foreign...

Timely & proactive set of announcements for all stakeholders: CH. S.S Mallikarjuna Rao, MD & CEO, PNB

RBI has come out with a timely and proactive set of announcements for all stakeholders, including individuals, small businesses, and MSMEs, to mitigate the...

Relief measures for MSME, Individuals couldn’t be more timely: Ramesh Iyer, MD & VC, Mahindra Finance

Speaking on the announcement made by the Reserve Bank of India (RBI) on reopening of one-time restructuring for Individuals, and MSMEs till September 20,...

Reopening of on-time restructuring for individuals & MSME is a great relief

The RBI's announcement of re-opening one-time restructuring for individuals and MSMEs till September 30, comes as a great relief.  Further in cases where, individual borrowers...

ixamBee mergers with online competitive Exam Preparation platform TargetRBI

Leading edtech platform ixamBee has announced the merger of online competitive exam preparation platform TargetRBI.  TargetRBI is an initiative launched in 2012 by former RBI...

M1xchange scores $10 mn from Amazon and others

M1xchange, a Reserve Bank (RBI) approved Trade Receivable Discounting System (TReDS) license holder has raised $10 million in new round funding led by Amazon. The...

Payment Council hails RBI’s Master Directions on Digital Payments Security Controls to promote payment security

The Payments Council of India (PCI), the largest industry body for digital payments ecosystem in India welcomed the Master Directions on Digital Payments Security...

Vishwavir Ahuja re-appointed as RBL Bank’s MD & CEO

RBL Bank has announced the re-appointment of Vishwavir Ahuja as Managing Director and Chief Executive Officer of the bank. In a filing with the exchange,...

Krazybee appoints former Executive Director of RBI, G Gopalakrishna as Independent Director

Krazybee Services Private Ltd has announced the appointment of former executive director of Reserve Bank of India, G Gopalakrishna as an Independent Director. Mr. Gopalakrishna...

TReDS platform M1xchange secures $4.5 mn from BEENEXT and Mayfield

Reserve Bank (RBI) approved TReDS platform, M1xchange has raised $4.5 million in equity round funding from Singapore based BENEEXT Asia, and Mayfield. "The company will...

RBI promotes R Subramanian, Rohit Jain & RS Ratho as Executive Directors

The Reserve Bank Of India (RBI) has promoted three of its Chief General Managers (CGMs), R Subramanian, Rohit Jain, RS Ratho as its Executive...

RBI Governor tests negative for COVID-19

Shaktikanta Das, Governor of Reserve Bank of India (RBI) on Saturday said that It has tested negative for COVID-19. Confirming the news on Twitter, Shaktikanta...

Bajaj Finserv, Shinhan Bank partners with Kwik.ID for Video KYC service

India-based video KYC solution Kwik.ID has announced its partnership with Bajaj Finserv and Shinhan Bank to provide video-based KYC solutions to the banks. In a...

Kuvera partners with Vested Finance to offer Indian investors to invest in the US Stock market

Mumbai-based online investment advisor Kuvera has announced its partnership with California-based investment platform Vested Finance to allow Indian investors to invest directly in U.S....

Kwik.ID records 300% increase in video KYC

Kwik.ID an RBI complaint AI-based video KYC solution developed by Think Analytics has recorded an increase of 300% in the adoption of its services...

NPCI: Transactions through Google Pay are protected by law

National Payments Corporation of India (NCPI) on Thursday said, "As Google Pay is classified as third-party app provider (TPAP), the transaction made through it...

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