RBI’s new digital security measures to boost trust in financial ecosystem, says Paynearby
Key steps include the introduction of an exclusive ‘fin.in’ domain for financial institutions
Key steps include the introduction of an exclusive ‘fin.in’ domain for financial institutions
RBI cut the repo rate by 25 bps on Friday
Key demands include the recruitment of adequate staff in all cadres and the regularization of temporary employees.
The RBI also decided to maintain a neutral policy stance, signaling flexibility in responding to evolving economic conditions.
The rate cut follows a period of aggressive tightening, where the RBI had hiked rates by 250 bps since May 2022 to combat soaring inflation.
Malhotra holds a strong academic background, with degrees in engineering from the Indian Institute of Technology (IIT)
Inflation outlook and guidance will be crucial.
The alarming spike in asset quality deterioration at Muthoot Microfin is more than just a company-specific issue; it’s a red flag for India’s microfinance sector.
Mumbai, 6th February 2025: Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055) reported a deterioration in its asset quality for the
The bank is no longer permitted to carry out banking operations in India, including accepting deposits from non-members.