Tag: Central Bank of India
RBI’s new bank-subsidiary norms to force realignments of business
MUMBAI: Several large banks will have to realign their business models to comply with a recent Reserve Bank of India (RBI) proposal, which, upon implementation,…
NHAI advises Paytm FASTag users to switch to other FASTags by March 15 or face penalties
The National Highways Authority of India has advised Paytm FASTag users to procure a new FASTag by a different issuing bank before March 15, 2024…
Paytm shares rally 4% on cutting dependency on payments bank
Shares of One 97 Communications today rallied 4% to the day’s high of Rs Rs 420 after Paytm and Paytm Payments Bank mutually agreed to…
Paytm: SoftBank sells another 2% stake in Paytm
SoftBank Group Corp has sold a stake of 2.17% in beleaguered Indian payments firm Paytm, an exchange filing showed on Thursday. This comes after SoftBank…
Paytm news: Paytm not in list of 32 banks authorised to issue new FASTags
The road tolling authority has advised highway users to buy FASTags from an authorised bank and listed 32 banks sans Paytm Payments Bank, in a…
RBI imposes ₹84.50 lakh penalty on Central Bank of India for non-compliance
The RBI on Friday said it has imposed a penalty of ₹84.50 lakh on Central Bank of India (the bank) for non-compliance with certain provisions…