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Kotak Mahindra Bank’s price fell drastically, stock fell 10%

KOTAK MAHINDRA BANK

Kotak Mahindra Bank Share Price: reserve Bank of India (rbi) immediately banned Kotak Mahindra Bank from adding new customers through online and mobile banking and issuing credit cards due to repeated non-compliance of IT norms. The effect of the strictness of the apex bank is visible on the company’s stock prices. As soon as the … Read more

RBI: Reserve Bank warned – inflation may increase again

RBI

rbi: Real GDP in the country (GDPConditions are being created for GDP growth to accelerate, but prolonged global tensions coupled with adverse weather events may pose a risk of inflation. This has been said in the April Bulletin of RBI. consumer price Index (CPI) based retail inflation declined to 4.9 percent in March. Earlier in … Read more

Paytm Payments Bank CEO Surinder Chawla resigns

Paytm Payments Bank

Paytm Payments Bank: Surinder Chawla, managing director and chief executive officer (CEO) of troubled payments company Paytm Payments Bank, has resigned. Chawla has resigned at a time when Paytm Payments Bank Limited (PPBL) is facing strict action from the Reserve Bank of India (RBI). One97 Communications, the company that operates the Paytm brand, informed the … Read more

RBI: Forget the tension of debit card, cash will be deposited through UPI.

RBI

rbi: Soon common people will be free from the trouble of roaming around with debit cards in their pockets. Almost all your work will be done through Unified Payment Interface (UPI). Yes, now you will be able to deposit money in your account with the help of UPI. There will be no need to visit … Read more

RBI: Good news! Investing will now be easier

RBI

RBI: Reserve Bank of India is soon going to launch a mobile app to access the RBI Retail Direct Scheme for the convenience of investors. Bank Governor Shaktikanta Das gave this information while giving information about the decisions taken in the first monetary policy review meeting of the current financial year. RBI’s Retail ‘Direct Scheme’ … Read more

RBI Repo Rate: Reserve Bank kept the repo rate at 6.5%

RBI Repo Rate

RBI Repo Rate: An important announcement regarding the repo rate has been made by the Reserve Bank of India on the last day of the Monetary Policy Committee (MPC) meeting under the bi-monthly review. Bank Governor Shaktikanta Das said that the apex bank has again kept the repo rate intact. This is the sixth time … Read more

RBI: Now Reserve Bank will tighten its grip on those giving loans through app

rbi

rbi: Reserve Bank of India is going to take strict action against the apps which fool and cheat the customers in the name of giving loans illegally. The apex bank is considering forming Digital India Trust Agency (DIGITA) in this regard. It is being told that in recent times the number of such apps in … Read more