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RBI imposes fine on One Mobikwik Systems, Spice Money : Tech News

RBI imposes fine on One Mobikwik Systems, Spice Money : Rashtra News #RBI #imposes #fine #Mobikwik #Systems #Spice #Money The Reserve Bank of India has imposed a penalty of Rs 1 crore each on One Mobikwik Systems and Spice Money for violation of norms on net worth requirement provided by the regulator for Bharat Bill ....

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More shadow banks to come under glare as RBI tries to curb sensitive sector lending

The RBI wants to avoid a potential build-up of crisis in high-risk lending by taking pre-emptive actions wherever it identifies unhealthy lending practices ....

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No respite for National Mercantile Co-op Bank

The Reserve Bank of India extended the period of directions on National Mercantile Cooperative Bank and ....

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credit card issuers: Credit cards: How RBI could break the hegemony of Visa & Mastercard without tinkering with a dependable system

The Reserve Bank of India (RBI) is set to transfer the right to choose a card network, such as Visa, Mastercard, American Express, Diners Club, or RuPay, from credit card issuers with portfolios larger than 1 million cards to credit card holders. This move could lead to a shift from a market where consumers are spoilt for choice to one where the market may be spoilt by choice. The decision was prompted by the need to allow consumers to use RuPay-linked credit cards, which have been augmented by its interoperability with UPI. ....

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Election fever grips Bollywood and India's financial sector

Impending polls are palpably influencing cinema content and regulatory action in the finance sector. ....

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