rbi: The Reserve Bank of India has once again tightened its grip on banks and financial institutions violating the rules. This time the apex bank has imposed a huge fine on IDFC First Bank and LIC Housing Finance. It is being told that the bank has imposed a fine of Rs 1 crore on IDFC … Read more
rbi: The Reserve Bank of India has once again tightened its grip on banks and financial institutions violating the rules. This time the apex bank has imposed a huge fine on IDFC First Bank and LIC Housing Finance. It is being told that the bank has imposed a fine of Rs 1 crore on IDFC … Read more
IDFC First Bank made an important announcement to increase the trend of digital rupee. The bank said that it has integrated its Central Bank Digital Currency (CBDC) app with the UPI QR code. IDFC First Bank said in a statement that it is part of the Reserve Bank’s CBDC initiative for retail users. In such … Read more