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Finmin, RBI to look at ownership change in fintech cos for compliance

The finance ministry and RBI will focus on ownership change of listed fintech companies to ensure regulatory compliance. Virtual meetings, workshops, ....

Paytm Payments Bank , Department For Promotion Of Industry , Paytm Payments Banks , Internal Trade , Startup Companies , Ownership Change , Innovative Solutions , Fintech Companies ,

FY24: ET poll sees India's growth at 6.6% in Q3, 7% for FY24

Experts said the agriculture sector may have also contributed to the slowdown, even as industry and services kept the economy growing. "The agricultural sector is expected to experience a pronounced slowdown due to diminished rainfall activity and subsequent declines in reservoir levels," said Rajani Sinha, chief economist at CareEdge. "After a lower-than-projected kharif output, rabi sowing has exhibited a sluggish trend through most of the season, except for an uptick in the last couple of weeks," Sinha said. ....

Rahul Bajoria , Rajani Sinha , Careedge Sinha , Indranil Pan , International Monetary Fund , Reserve Bank , Indias Growth , Economic Activity , Monetary Policy , Agriculture Sector , Reserve Bank Of India ,

GIFT City taps RBI for RTGS-like dollar payment system

Among the proposals currently being discussed was the establishment of a single settlement bank in GIFT City, with which other entities would have dollar balances. Subsequently, debits and credits would be conducted through the settlement bank, sources said. ....

International Financial Services Centre , Clearing Corporation Of India , Reserve Bank , Real Time Gross Settlement System , Clearing Corporation , Gift City , Dollar Payment ,

India among safest in e-pay: Mastercard - Times of India

India Business News: India has been recognized as one of the safest countries for online transactions due to the implementation of tokenization by the Reserve Bank of Indi ....

Gautam Aggarwal , Business News , Online Transactions , Pre Pay ,

RBI's rate dissenter says officials too focused on inflation

Jayanth Varma, the dissenting member of the Reserve Bank of India s policy committee, argued that high interest rates impede investments and called for a shift in the policy stance. Shashanka Bhide emphasised the importance of focusing on the inflation target for supporting growth. ....

Shashanka Bhide , Shaktikanta Das , Jayanth Varma , Reserve Bank , Governor Shaktikanta Das , Rbi Rate , Rbi Policy Rate , Rbi Members On Rate Cut , Jayanth Varma Policy View , Shashank Bhide , Reserve Bank Of India , Mpc Policy ,