India needs to grow 8-10% to reach pre-pandemic levels – Times of India
NEW DELHI: The Indian economy might be able to reach the pre-pandemic level if it grows in 8-10% range as...
RBI
RBI allows non-bank PSPs to participate in centralised payment systems – Times of India
MUMBAI: The Reserve Bank of India (RBI) on Wednesday allowed authorised non-bank payment system providers (PSPs) to participate in centralised...
RBI imposes Rs 5-crore penalty on Axis Bank – Times of India
MUMBAI: The Reserve Bank of India (RBI) on Tuesday said it has imposed a penalty of Rs 5 crore on...
Unclaimed funds with banks, insurance cos near Rs 50,000 crore – Times of India
NEW DELHI: Funds lying unclaimed with banks and insurance companies are nearing the Rs 50,000-crore mark, with an estimated addition...
No plan to print currency notes to tide over crisis: Nirmala Sitharaman – Times of India
NEW DELHI: The government has no plan to print currency notes to tide over the current economic crisis triggered by...
RBI central board short of 9 non-official directors – Times of India
NEW DELHI: The central board of the Reserve Bank of India (RBI) is facing shortage of nine non-official directors, including...
It’s time for digital currency to counter crypto, says RBI – Times of India
MUMBAI: The Reserve Bank of India (RBI) has said that it is working towards a phased implementation strategy for its...
RBI contemplating pilot launch of digital currency in near future: Deputy governor – Times of India
NEW DELHI: The Reserve Bank is working on a phased implementation strategy for its own digital currency and is in...
Tapering 2nd wave brightens economy prospects but demand may take time to return: RBI – Times of India
MUMBAI: The tapering of the second wave of the Covid-19 pandemic coupled with aggressive vaccination has brightened the near-term prospects...
Banks get time till March 2022 to implement lockable cassettes swap system for ATMs – Times of India
MUMBAI: The Reserve Bank has extended the deadline till March 2022 for banks to use only lockable cassettes for replenishing...
