Under the planned new LCR regime, first announced last July, the Reserve Bank of India would require an additional five per cent of high-quality liquid assets to be held by banks with online and ...

The RBI had imposed restrictions on Kotak Mahindra Bank due to concerns over its IT management. It noted that the bank had ...

RBI lifts restrictions on Kotak Mahindra Bank, allowing it to onboard new customers and issue credit cards after IT ...

Indian banks' net interest margins (NIMs) will likely decline by 10 basis points on average in 2025-26 due to the Reserve ...

In April last year, the RBI placed restrictions on the bank as it failed to plug gaps in its information technology (IT) ...

India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from onboarding new ...

The payment solutions provider had received the in-principle nod for the PA licence in 2022. Per the company, its payments platform is processing an annualised gross transaction value (GTV) of $30 ...

The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to ...

Paytm's strategy to onboard more merchants continues to yield results. In Q3 FY25, the company added one million new ...

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Continuing its dominance in the UPI ecosystem, fintech major PhonePe processed 810.2 Cr transactions in January 2025.