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RBI guv lashes out at crypto assets at WEF in Davos
Das said that instruments that lack any underlying value pose big risks for emerging market economies
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RBI issues draft paper for fintech SRO
RBI said that fintech companies should set up a self-regulatory organisation which will work towards ensuring statutory and regulatory compliance for
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About 250m Indians pulled out of poverty
India achieved a prominent decline in multidimensional poverty index since 2013-14. While the index stood at 29.17% in 2013-14 it declined to 11.28% i
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FASTags without KYC to become defunct from Jan 31
State-owned NHAI on Monday said FASTags with valid balance but with incomplete KYC will get deactivated by banks post January 31, 2024. To enhance eff
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Bank deposits cross Rs 200 lakh crore, four times the MF AUM
RBI data showed bank deposits reached Rs 200.8 lakh crore as of December 29, 2023, marking a rise of 13.2% from the corresponding period a year earlie
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Get money from Singapore directly into account
Indians can now receive remittances from Singapore directly into their bank accounts on real-time basis through major UPI and bank apps, like SBI, Axi
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RBI sets rules for banks on unclaimed deposits
The Reserve Bank on Monday came out with comprehensive guidelines on unclaimed deposits under which banks will be required to undertake special drives
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Telecom cos to warn on fraudsters
With fraudsters preying on the unsuspecting common man by posing as employees of the Telecom Regulatory Authority of India (Trai) and stealing their c
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Your daughter can earn more interest now!
The government has reset interest rates on some of the small saving instruments for January-March 2024 quarter. Interest rates on Sukanya Samriddhi sc
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How cyber crimes scammed you in 2023
In 2023, a year marked by the use of AI-based deepfake technology in cyber fraud, things like FraudGPT or WormGPT emerged. The voices of people were c
