Tag: Reserve Bank of India (RBI)
Posted in Startups
RBI: Have a regulator that innovates much faster than most fintechs: Cred’s Kunal Shah
December 12, 2023 Leave a Comment on RBI: Have a regulator that innovates much faster than most fintechs: Cred’s Kunal Shah
As the domestic regulatory environment gets heated, Cred cofounder Kunal Shah said that India continues to have a regulator which is innovating much faster than…
Posted in Business
About 80% choose to deposit ₹2000 notes instead of exchanging: Report
About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller denominations,…
Posted in Economy
Instant View: What experts think of RBI’s surprise rate decision
The Reserve Bank of India (RBI) surprised markets by holding its key repo rate steady on Thursday after six consecutive hikes, saying it was closely…
Posted in Business
Centre gave ₹8,800 crore without lender asking for it, says report
March 28, 2023 Leave a Comment on Centre gave ₹8,800 crore without lender asking for it, says report
The Department of Financial Services (DFS) had given ₹8,800 crore to State Bank of India as part of recapitalisation exercise without the country’s biggest lender…