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RBI Action On Paytm Not Impacting Merchants' Trust, Says Survey

The reason behind merchants' confidence is the fact that a Paytm representative reached out to them after the RBI decision. ....

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EU moves to tweak rules on foreign central counterparties amid tussle between RBI and European regulators

ET has seen a document dated February 13 that showed the General Secretariat of the Council of the European Union has sent two proposals to the Permanent Representatives Committee of the council concerning treatment of central counterparties. This has been a bone of contention between the RBI and the EU authorities since October 2022. ....

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Sales of listed private non-financial cos rose 5.5 pc in Q3: RBI data

Information Technology (IT) sector witnessed further deceleration in sales growth (y-o-y) to 3.2 per cent from 5.9 per cent in the previous quarter and 19.4 per cent a year ago. Non-IT services companies remained on high growth trajectory with sales rising 12.9 per cent (y-o-y) in the 2023 December quarter over and above 19.9 per cent growth in the corresponding quarter of last year. ....

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Relief sought over hike in risk weights on infrastructure finance companies' loans to NBFCs

In November 2023, the regulator increased the risk weights for loans to NBFCs by 25 basis points. As a result, bank borrowing has turned more expensive for these entities. ....

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Vijay Shekhar Sharma steps down as Paytm Bank's chairman

India Business News: Vijay Shekhar Sharma, the founder of Paytm Payments Bank, has resigned as the non-executive chairman of the bank's board, following the Reserve Bank o ....

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