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New Rules From September: 5 Key Financial Deadlines That Will Impact You
New Rules From September: Take note of these 5 changes in September 2024, including the Aadhaar free update and credit card changes.
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India 2nd Only To US In Number Of Banks Covered By Deposit Insurance: RBI
India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks comprising 140 commercial banks and 1,857 cooperative banks.
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Nirmala Sitharaman Asks Indian Banks To Boost Deposits Amid Crunch
Finance Minister Nirmala Sitharaman called on lenders to focus on their core business and explore new ways to attract deposits, as household savings increasingly shift toward investment products.
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2.08% Of Rs 2000 Notes, Valued Rs 7,409 Crore, Still To Be Returned: RBI
About 2.08 per cent or Rs 7,409 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about ten months after the deadline to deposit or exchange them at bank branches were over.
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Deposits Still Most Preferred Instrument Of Saving In India: RBI Article
Deposits are still the most preferred instrument of saving in India although market-based instruments are gaining share, said an article published in the Reserve Bank's July Bulletin.
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Unclaimed Money At Banks Rises 26% In 1 Year To Rs 78,213 Crore: RBI
Unclaimed deposits with banks have witnessed a 26 per cent jump year on year to Rs 78,213 crore at the end of March 2024, as per the RBI Annual Report released today.
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RBI's Next Big Plan - Cash Deposit In Banks Via UPI. What It Means
In a major decision, the Reserve Bank said today that it will soon facilitate cash deposit facility in banks through use of the popular UPI, an instant real-time payment system for inter-bank transactions through mobile phones.
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Paytm Payments Bank To Shut Down After March 15: All You Need To Know
Paytm Payments Bank will stop offering services like accepting deposits and processing credit transactions starting March 15, as directed by the Reserve Bank of India.
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EPFO to Halt Claims Made via Paytm Payments Bank Following RBI Restrictions
The Employees' Provident Fund Organisation (EPFO) has issued an order asking officers to refrain from accepting claims linked with accounts in Paytm Payments Bank. The move comes after the RBI recently directed Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets from March.
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Will Paytm App, Its Wallet And UPI Services Work After Feb 29? Answers Here
The RBI on Wednesday ordered Paytm Payments Bank Ltd (PPBL or the bank), an associate of Paytm, to stop accepting fresh deposits in its accounts or digital wallets from February 29, 2024.
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"Your Money Is Safe": Paytm Payments Bank To Customers After RBI Curbs
The Paytm Payments Bank on Friday assured its customers that their "money is safe" with the company, two days after the Reserve Bank of India (RBI) issued a directive restricting it from accepting new deposits or allowing credit transactions.
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"End Of Paytm Payments Bank, For All Practical Purposes," Say Analysts
Shares in mobile payments giant Paytm nosedived Thursday after regulators ordered its banking arm to stop accepting fresh deposits, dealing a fresh blow to the fintech firm after years of losses.
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Explained: What Next For Paytm's Banking Arm After Major RBI Clampdown?
RBI has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wallets from March, in a major blow to one of the country's largest payments firms.
-
Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
-
Explained: Why RBI Has Put Restrictions On Paytm Payments Bank
The Reserve Bank of India (RBI) on Wednesday ordered Paytm Payments Bank to stop accepting fresh deposits in its accounts or popular wallets after February 29, 2024.
-
New Rules From September: 5 Key Financial Deadlines That Will Impact You
New Rules From September: Take note of these 5 changes in September 2024, including the Aadhaar free update and credit card changes.
-
India 2nd Only To US In Number Of Banks Covered By Deposit Insurance: RBI
India's Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended coverage to 1,997 banks comprising 140 commercial banks and 1,857 cooperative banks.
-
Nirmala Sitharaman Asks Indian Banks To Boost Deposits Amid Crunch
Finance Minister Nirmala Sitharaman called on lenders to focus on their core business and explore new ways to attract deposits, as household savings increasingly shift toward investment products.
-
2.08% Of Rs 2000 Notes, Valued Rs 7,409 Crore, Still To Be Returned: RBI
About 2.08 per cent or Rs 7,409 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about ten months after the deadline to deposit or exchange them at bank branches were over.
-
Deposits Still Most Preferred Instrument Of Saving In India: RBI Article
Deposits are still the most preferred instrument of saving in India although market-based instruments are gaining share, said an article published in the Reserve Bank's July Bulletin.
-
Unclaimed Money At Banks Rises 26% In 1 Year To Rs 78,213 Crore: RBI
Unclaimed deposits with banks have witnessed a 26 per cent jump year on year to Rs 78,213 crore at the end of March 2024, as per the RBI Annual Report released today.
-
RBI's Next Big Plan - Cash Deposit In Banks Via UPI. What It Means
In a major decision, the Reserve Bank said today that it will soon facilitate cash deposit facility in banks through use of the popular UPI, an instant real-time payment system for inter-bank transactions through mobile phones.
-
Paytm Payments Bank To Shut Down After March 15: All You Need To Know
Paytm Payments Bank will stop offering services like accepting deposits and processing credit transactions starting March 15, as directed by the Reserve Bank of India.
-
EPFO to Halt Claims Made via Paytm Payments Bank Following RBI Restrictions
The Employees' Provident Fund Organisation (EPFO) has issued an order asking officers to refrain from accepting claims linked with accounts in Paytm Payments Bank. The move comes after the RBI recently directed Paytm Payments Bank to stop accepting new deposits in its accounts or digital wallets from March.
-
Will Paytm App, Its Wallet And UPI Services Work After Feb 29? Answers Here
The RBI on Wednesday ordered Paytm Payments Bank Ltd (PPBL or the bank), an associate of Paytm, to stop accepting fresh deposits in its accounts or digital wallets from February 29, 2024.
-
"Your Money Is Safe": Paytm Payments Bank To Customers After RBI Curbs
The Paytm Payments Bank on Friday assured its customers that their "money is safe" with the company, two days after the Reserve Bank of India (RBI) issued a directive restricting it from accepting new deposits or allowing credit transactions.
-
"End Of Paytm Payments Bank, For All Practical Purposes," Say Analysts
Shares in mobile payments giant Paytm nosedived Thursday after regulators ordered its banking arm to stop accepting fresh deposits, dealing a fresh blow to the fintech firm after years of losses.
-
Explained: What Next For Paytm's Banking Arm After Major RBI Clampdown?
RBI has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wallets from March, in a major blow to one of the country's largest payments firms.
-
Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
-
Explained: Why RBI Has Put Restrictions On Paytm Payments Bank
The Reserve Bank of India (RBI) on Wednesday ordered Paytm Payments Bank to stop accepting fresh deposits in its accounts or popular wallets after February 29, 2024.
