RBI planning to bring payment aggregators and gateways under direct supervision
The Reserve Bank of India is likely to bring all payment aggregators and payment gateways under its direct regulation. The…
18 SEP 2019
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Now pay all recurring bills using Bharat Bill Payment System: RBI
For boosting the usage of digital payments and ensure a hassle-free transaction experience, the Reserve Bank of India (RBI) approved…
17 SEP 2019
Savings deposits of Indian banks ascended to 39.72 lakh crore in 2018-19: RBI
Private and public sector banks (PSBs) in India had reported an aggregate savings deposits of Rs 39.72 lakh crore as…
17 SEP 2019
Centre proposes to trim fees of IPRs for MSMEs, startups
The centre has proposed an idea to slash the fees pertaining to various intellectual property rights namely patents and designs…
17 SEP 2019
ED imposes Rs 230 crore penalty on PwC for FEMA violations
The Enforcement Directorate’s (ED) has fined global accounting firm PricewaterhouseCoopers (PwC) with a fine of Rs 230.40 crore for violating …
17 SEP 2019
MFIN, Sa-Dhan jointly launch ‘Code for Responsible Lending’ for microfinance industry
Microfinance Institutions Network (MFIN) and Sa-Dhan, the Reserve Bank of India recognised self-regulatory organisations and industry associations for the microfinance…
16 SEP 2019
WPI reports no change in August, stays at 1.08 percent
Wholesale Price Index (WPI) reported no change in August and remained at 1.08 percent; the same level as the previous month,…
16 SEP 2019
ICICI Bank to levy charges on cash transaction by zero balance account holders from October 16
Private lender ICICI Bank will levy a fee of Rs 100-Rs 125 on every transaction made at the bank’s branches…
16 SEP 2019
SBI drops plans to list SBI General
Public sector lender State Bank of India (SBI) has decided to scrap its plans to list its non-life subsidiary SBI…
16 SEP 2019
FM Press Conference: Special Rs 10,000 crore window to fund incomplete housing projects
Major announcements for housing and the export sector Finance Minister Nirmala Sitharaman today made several major announcements that will help…
14 SEP 2019
