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Finance/Fintech

RBI Scrutiny Prompts Promoter Groups To Reassess NBFC, Holding Company Structures

RBI Scrutiny Prompts Promoter Groups To Reassess…

New Delhi, Sep 29 (KNN) Rising scrutiny by the Reserve Bank of India (RBI) is prompting some promoter groups to reassess the…

Broadening Inflation, Strong Growth Raise Expectations of RBI Rate Hike in October

Broadening Inflation, Strong Growth Raise Expectations of…

New Delhi, Sep 28 (KNN) Broadening inflation, strong economic growth and rising global interest rates are increasing expectations…

Banks To Monitor Merchants To Prevent Passing UPI MDR To Consumers, Says Govt Sources

Banks To Monitor Merchants To Prevent Passing…

New Delhi, Sep 25 (KNN) Banks will monitor merchants to ensure that the Merchant Discount Rate (MDR) on specified UPI transactions…

Financial Sector Must Fund Next Generation of Indian Enterprises, Move Beyond Near-Term Growth: PM’s Principal Secretary

Financial Sector Must Fund Next Generation of…

New Delhi, Sep 24 (KNN) India’s financial sector must move beyond financing near-term economic growth and focus on funding…

ICAI To Propose CA Act Changes To Help Indian Accounting Firms Scale Up

ICAI To Propose CA Act Changes To…

New Delhi, Sep 22 (KNN) The Institute of Chartered Accountants of India (ICAI) is preparing proposed changes to the Chartered…

RBI Tightens Market Risk Rules, Bars Book Reclassification To Lower Capital Requirements

RBI Tightens Market Risk Rules, Bars Book…

New Delhi, Sep 22 (KNN) The Reserve Bank of India (RBI) has barred banks from reclassifying instruments between the trading…

Record USD 127 Bn FCNR(B) Deposits Give Indian Banks Liquidity Boost: S&P

Record USD 127 Bn FCNR(B) Deposits Give…

New Delhi, Sep 22 (KNN) Indian banks have received a significant liquidity boost after mobilising a record USD 127 billion…

RBI Absorbs Rs 2.23 Lakh Cr From Banking System Through VRRR Auction

RBI Absorbs Rs 2.23 Lakh Cr From…

New Delhi, Sep 19 (KNN) The Reserve Bank of India (RBI) absorbed Rs 2.23 lakh crore from the banking system on Friday through…

UPI MDR: Finance Ministry Denies US Pressure Claims, Says Foreign Credit Cards Get No Advantage Over RuPay

UPI MDR: Finance Ministry Denies US Pressure…

New Delhi, Sep 19 (KNN) The Finance Ministry on Thursday rejected allegations that US pressure influenced the decision…

Retailers, Clothing Industry Raise Concerns Over 0.4% MDR On UPI Payments Above Rs 2,000

Retailers, Clothing Industry Raise Concerns Over 0.4%…

New Delhi, Sep 17 (KNN) The Retailers Association of India (RAI) and Clothing Manufacturers Association of India (CMAI) have…

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