Fintech

Digital Currency to Soon Become Reality in India: RBI

The Reserve Bank of India is working toward a “phased implementation strategy” of a Central Bank Digital Currency (CBDC), RBI deputy governor...

Explained: Curbs on foreign card firms

Over the problem of storing data in India, the Reserve Bank of India has blocked three foreign card payment network providers —...

RBI has imposed restrictions on Mastercard Asia

Strict ban on adding new customers to MasterCard from July 22 The Reserve Bank of India (RBI) took major...

CCI approves for SoftBank’s $450-million investment in Swiggy

CCI approves forSoftBank’s $450-million investment in Swiggy SoftBank is looking to invest $450 million in Swiggy in a deal...

The Reserve Bank of India has asked banks to send key personnel on a 10-day surprise leave

The Reserve Bank of India (RBI) has instructed banks to send essential workers on mandatory surprise leaves for a minimum of 10...

Softbank plans to invest $200 million in Indian online pharmacy PharmaEasy

Japanese investment behemoth SoftBank is in talks to invest about $150-200 million in API Holidingspvt, the parent company pharmaEasy.

The Reserve Bank of India has fined 14 banks for breaking rules

The Reserve Bank of India has imposed penalties on 14 banks for failing to follow key requirements of RBI directives. The RBI...

“The second wave slowed the recovery, but economic activity is currently on the rise.” – R.B.I

MUMBAI: The pandemic's second wave has slowed recovery, but with cases fading quickly, economic activity has increased since May, said RBI Governor...

India’s new bad bank faces a $27 billion debt mountain

A bad bank slated to open this month in India could help lower one of the world's worst bad-loan piles, but market...

Latest articles

HSBC, in collaboration with Thriwe to pioneer Golfing Ecosystem in India, announces the launch of Flagship HSBC Golf League

Thriwe, A leading benefits as a platform company in collaboration with HSBC, one of the leading Global banks is prepared to launch...

Ranchi to host the seventh edition of Indian Fharma Fair in hybrid mode

The seventh edition of Vedshiv Business Media's Indian Fharma Fair (IFF) 2022, a pharmaceutical and healthcare exhibition, will be placed in (at...

Vivo V25 Pro available for sale in India with Rs 3,500 discount on Flipkart

Vivo V25 Pro sale has gone live in India on Flipkart. The new Vivo smartphone is powered by a MediaTek Dimensity 1300...

Tata May Have To Write Off AirAsia India’s Loss

Tata Sons will likely have to make a provision of 26 billion rupees ($325.69 million) as accumulated losses for low-cost carrier AirAsia...