The global economy, despite its uneven growth, remains resilient, with headline inflation softening in many countries….reports Asian Lite News India cannot risk another bout of inflation and the best approach…
A currency swap between two countries is an agreement or contract to exchange currencies with predetermined terms and conditions….reports Asian Lite News The Reserve Bank of India (RBI), with the…
The Central Bank has kept interest rates unchanged, balancing economic growth and inflation control….reports Asian Lite News Industry experts on Friday hailed the status quo stance of the monetary policy,…
RBI Governor said that efforts were being made to leverage technology to achieve greater efficiency while also meeting the objectives of market reforms…reports Asian Lite News RBI Governor Shaktikanta Das…
Highlighting the global challenge of balancing inflation control with growth, the PM urged the RBI to pioneer a model addressing this, potentially setting a global trend…reports Asian Lite News Over…
The RBI may be mulling a revamp of the existing penalty structures, which may include increase in penalty amounts…reports Asian Lite News Compliance is taking the centre stage with 4x…
RBI said this action is based on the deficiencies in regulatory compliance of the two banks…reports Asian Lite News The Reserve Bank of India (RBI) announced on Monday that it…
Paytm offers acquiring services to merchants in partnership with several leading banks in the country and will continue to expand third-party bank partnerships….reports Asian Lite News Paytm merchants need not…
The action has been taken after a Comprehensive System Audit report and subsequent compliance validation report…reports Asian Lite News The RBI has barred Paytm Payments Bank Ltd (PPBL) from further…
The MPC, in its policy review meeting, had retained the key repo rate at 6.5 percent, reiterating willingness to act against inflation….reports Asian Lite News A majority of the members of…