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All Stories: RBI

What happened to Paytm Payments Bank?

The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular...

India’s economic growth seen slipping in April-June

India’s economy likely expanded at its weakest pace in more than five years in April-June, a Reuters poll showed

Indian government approves merger of three state-owned banks

NEW DELHI: India’s cabinet has approved the merger of state-run Vijaya Bank and Dena Bank with Bank of Baroda, the government said on Wednesday,...

India raises key rate for first time since 2014, retains ‘neutral’ stance

Growing inflation concerns prompted the Reserve Bank of India (RBI) to raise its policy rate for the first time in over four years.

India’s shock bank note ban sparks cash chaos

MUMBAI/NEW DELHI: Indians struggled to pay for basics goods like food and fuel on Wednesday and fretted about their savings, after the government withdrew 500...
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