[ad_1] New UPI features: RBI governor Shaktikanta Das on Friday announced two new features or measures for Unified Payments Interface (UPI) users, with an aim to enhance ease of transactions and cash deposits. The new announcements were made by Shaktikanta Das as a part of RBI’s monetary policy statement.The two new UPI features allow users…
[ad_1] Ashneer Grover, the co-founder and former managing director of BharatPe, has written to the Reserve Bank of India (RBI) requesting an investigation into the shareholding of the company. In a letter addressed to RBI governor Shaktikanta Das, Grover has alleged that BharatPe intentionally deceived the regulator by adding Bhavik Koladiya, who was convicted of…
[ad_1] NEW DELHI: RBI governor Shaktikanta Das on Monday said lower govt borrowings than the market estimates will free more capital for the private sector, resulting in easing of inflation and bolstering growth.He also backed govt’s focus on capex, arguing that it is a GDP multiplier, as it creates a multiplier effect of 1.2-1.4 times….
[ad_1] Reserve Bank of India has finally broken its silence on the ban on Paytm Payments Bank. Senior RBI officials said that barring Paytm Payments Banks from accepting deposits was part of “a supervisory action and the restrictions are proportionate to the gravity of the situation.”Actions followed after months of ‘warning’Talking to media, RBI deputy…
[ad_1] RBI MPC Meeting: The Reserve Bank of India (RBI) kept the key policy rate – repo rate- unchanged at 6.5% after the Monetary Policy Committee (MPC) meeting. RBI governor Shaktikanta Das noted that the GDP growth of the Indian economy continues to be strong despite global uncertainties. However, he pointed out that while inflation…
[ad_1] RBI Governor Shaktikanta Das spoke exclusively to NDTV at the World Economic Forum in Davos. Davos, Switzerland: The Indian economy is expected to touch real GDP growth of seven per cent next year, Reserve Bank of India Governor Shaktikanta Das told NDTV Thursday on the sidelines of the World Economic Forum in Davos. He…
