Rbi Restrictions
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Bank of Baroda Says RBI Lifted Ban From Adding Customers To Mobile App
India's Bank of Baroda said on Wednesday the central bank has lifted restrictions on onboarding customers through its mobile application.
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RBI Imposes Restrictions On Maharashtra-Based Konark Urban Co-op Bank
The RBI on Tuesday imposed several restrictions, including on withdrawals, on The Konark Urban Co-operative Bank, Ulhasnagar (Maharashtra), in the wake of the bank's deteriorating financial situation.
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Google Pay, PhonePe Gain Customers After RBI's Curbs On Paytm
Google and Walmart Inc. are rapidly gaining customers from India's Paytm, the fintech pioneer struggling to navigate central bank restrictions and the potential shutdown of a key payments affiliate.
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RBI Not Planning Harsher Rules to Curb Fintech Sector After Paytm Strictures, Official Says
The Reserve Bank of India does not plan to impose drastic measures on India's fintech sector after the recent action against Paytm Payments Bank, according to P Vasudevan, an executive director in charge of enforcement at the central bank. Paytm has been in the crosshairs of the regulator for some time, with multiple warnings over the past two year...
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Provident Fund Body Restricts Paytm Payments Bank Transactions From Feb 23
The move comes after the Reserve Bank of India (RBI), last week, imposed restrictions on the payment bank due to persistent irregularities.
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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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After RBI Crackdown, EPFO To Halt Claims Made Via Paytm Payments Bank
India's state-run social security fund, EPFO, will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the central bank imposed restrictions on the payments bank due to persistent irregularities, a government order said.
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What Government Advised Paytm CEO During 10-Min Meeting On RBI Clampdown
The Paytm chief executive was told the government has no role to play in connection with the latest RBI restrictions when he went to meet Finance Minister Nirmala Sitharaman yesterday, said people familiar with the matter.
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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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After RBI Clampdown, Paytm Shares Important Updates For Its Users
Following RBI restrictions on its mobile wallet, Paytm addressed user concerns through an FAQ.
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"RBI Doesn't Want...": Ashneer Grover After Curbs Imposed On Paytm Payments Bank
After the Reserve Bank of India (RBI) imposed restrictions on Paytm Payments Bank, BharatPe co-founder Ashneer Grover said that the central bank's move was against the interest of fintech firms.
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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.
-
RBI Restricts Paytm Payments Bank From Taking New Deposits, Credit Transactions
The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from taking fresh deposits and credit transactions across its services, due to non-compliance of regulations and supervisory concerns.
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RBI Lifts Informal NDF Restrictions On Banks: Report
The rupee's relative stability in recent weeks has probably made RBI comfortable with allowing banks to access NDF again, one of the bankers said.
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Centre To Allow Foreign Funds To Own Over 51% In IDBI Bank
The current guidelines of the Reserve Bank of India restrict foreign ownership in new private banks. The central bank's residency criteria for promoters applies only for newly set up banks.
-
Bank of Baroda Says RBI Lifted Ban From Adding Customers To Mobile App
India's Bank of Baroda said on Wednesday the central bank has lifted restrictions on onboarding customers through its mobile application.
-
RBI Imposes Restrictions On Maharashtra-Based Konark Urban Co-op Bank
The RBI on Tuesday imposed several restrictions, including on withdrawals, on The Konark Urban Co-operative Bank, Ulhasnagar (Maharashtra), in the wake of the bank's deteriorating financial situation.
-
Google Pay, PhonePe Gain Customers After RBI's Curbs On Paytm
Google and Walmart Inc. are rapidly gaining customers from India's Paytm, the fintech pioneer struggling to navigate central bank restrictions and the potential shutdown of a key payments affiliate.
-
RBI Not Planning Harsher Rules to Curb Fintech Sector After Paytm Strictures, Official Says
The Reserve Bank of India does not plan to impose drastic measures on India's fintech sector after the recent action against Paytm Payments Bank, according to P Vasudevan, an executive director in charge of enforcement at the central bank. Paytm has been in the crosshairs of the regulator for some time, with multiple warnings over the past two year...
-
Provident Fund Body Restricts Paytm Payments Bank Transactions From Feb 23
The move comes after the Reserve Bank of India (RBI), last week, imposed restrictions on the payment bank due to persistent irregularities.
-
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.
-
After RBI Crackdown, EPFO To Halt Claims Made Via Paytm Payments Bank
India's state-run social security fund, EPFO, will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the central bank imposed restrictions on the payments bank due to persistent irregularities, a government order said.
-
What Government Advised Paytm CEO During 10-Min Meeting On RBI Clampdown
The Paytm chief executive was told the government has no role to play in connection with the latest RBI restrictions when he went to meet Finance Minister Nirmala Sitharaman yesterday, said people familiar with the matter.
-
"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.
-
After RBI Clampdown, Paytm Shares Important Updates For Its Users
Following RBI restrictions on its mobile wallet, Paytm addressed user concerns through an FAQ.
-
"RBI Doesn't Want...": Ashneer Grover After Curbs Imposed On Paytm Payments Bank
After the Reserve Bank of India (RBI) imposed restrictions on Paytm Payments Bank, BharatPe co-founder Ashneer Grover said that the central bank's move was against the interest of fintech firms.
-
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.
-
RBI Restricts Paytm Payments Bank From Taking New Deposits, Credit Transactions
The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from taking fresh deposits and credit transactions across its services, due to non-compliance of regulations and supervisory concerns.
-
RBI Lifts Informal NDF Restrictions On Banks: Report
The rupee's relative stability in recent weeks has probably made RBI comfortable with allowing banks to access NDF again, one of the bankers said.
-
Centre To Allow Foreign Funds To Own Over 51% In IDBI Bank
The current guidelines of the Reserve Bank of India restrict foreign ownership in new private banks. The central bank's residency criteria for promoters applies only for newly set up banks.
