Indians sent $2 b abroad in Sept, some for a few cryptos more

Resident Indians sent close $2 billion abroad in September under the Liberalised Remittances Scheme(LRS), touching a…

RBI releases report of working group on digital lending; here are the recommendations

A working group constituted by the Reserve Bank of India on digital lending through online platforms…

India could bar transactions in crypto, permit holding as assets: Report

MUMBAI (Reuters) – India is likely to bar the use of cryptocurrencies for transactions…

RBI staff unions defer their mass-leave protest over wage deal

Unions representing employees of the Reserve Bank of India (RBI) have decided to defer…

‘Ads should not mislead youth’: PM Modi chairs meeting on cryptocurrencies

Prime Minister Narendra Modi on Saturday chaired a meeting related to cryptocurrency and their…

RBI’s ‘Retail Direct Scheme’ receives healthy response

Reserve Bank of India has received a healthy response for its customer centric initiative…

Indian bonds, rupee take US inflation scare relatively easy

The high US inflation numbers pushed up yields in the biggest economy of the…

Shaktikanta Das sounds an alarm on cryptos

Mumbai: India’s ostensible demand and publicised interest in crypto currencies are likely exaggerated, and potentially a…

Padmaja Reddy alleges exorbitant salary for new Spandana CEO, wants curb on salary for MFI chiefs

Former Spandana Sphoorty Financial managing director Padmaja Reddy, who stepped down last week, has alleged lack…

Bank credit picks pace as economy revives

Lenders are seeing a pick-up in loan demand with demand from medium sized firms and retail…