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Finance Ministry And Reserve Bank Of India

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FinMin Pushes RBI for Faster Fraud Shield

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions. Illustration: Dominic Xavier/Rediff   The finance ministry has raised concerns with the......

SC asks CBI to probe digital arrest scams nationwide

The Supreme Court on Monday asked the Central Bureau of Investigation to carry out a unified pan-India probe into digital arrest scam cases and asked the RBI as to why it was not using Artificial......

Kremlin Didn't Know About Modi Gesture

The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi......

Online Scams: 4,245 Cr Gone in 10 Months

This marks a 67% increase from the Rs 2,537 crore lost in scams in 2022-2023. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy......

'I Needed To Follow My Karma'

'Once bitten, twice shy, I didn't take up the challenge this time...''I realised I had failed to follow my karma because I feared failure.' IMAGE: Reserve Bank of India Governor Sanjay Malhotra,......

There is more room for monetary policy easing, says Finance Ministry

With inflation comfortably below the Reserve Bank of India’s (RBI’s) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the......

Bank customers can opt for up to four nominees from Nov 1

Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system.......

Household savings report: There is no distress, says finance ministry

The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its lowest in decades. Ruchika Chitravanshi reports. Illustration:......

Banks caught in RBI-finance ministry divide

Just a few months after the finance ministry asked public sector banks to increase the tenure of home loans, the Reserve Bank of India (RBI) wants banks to increase provisioning for such extensions......

Gold Loans On RBI, Finance Ministry Radar

Loan against gold as a product is catching on fast.Let's keep the momentum going, but aim for sustainable growth.A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay. Kindly......

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