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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......

Men posing as RBI officials stop cash van, flee with Rs 7 cr

In perhaps the first such incident in Bengaluru, unidentified men allegedly posing as Reserve Bank of India officials intercepted a ATM cash van and fled with about Rs 7 crore on Wednesday, police......

Bank Frauds Creep Back, RBI Sounds Alarm

Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore. Kindly note that this......

New Rural Jobs Bill Sparks International Concern

'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly......

Digital Scams Are Getting Smarter

'Just like oral hygiene, cyber hygiene must become a daily habit,' says Beena Vaheed, executive director, Bank of Baroda.'It is not enough to rely only on banks, companies, or the government. Each......

RBI proposes to cap banks' dividend payout at 75% of net profit

The Reserve Bank of India (RBI) on Tuesday came out with a draft framework on declaration of dividend by banks, as it proposed capping dividend payout to shareholders at 75 per cent of their net......

How RBI Governor Fared In The First Year

Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead. IMAGE:......

States Have Thrown A Spanner In RBI's Easy-Money Machine

State debt is rising because revenues are disappointingly weak.Ten states have debt ratios exceeding 30 per cent.In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out......

Gold most stable asset during geopolitical tensions: RBI staff study

Gold has emerged as the most stable asset during episodes of geopolitical stress, and crude oil has been more sensitive than others when it comes to regional conflicts and sanctions, according to a......

RBI clears Paytm arm PPSL as payment aggregator

Fintech firm One97 Communications on Thursday said its subsidiary Paytm Payments Services Limited (PPSL), has received authorisation from the Reserve Bank of India to operate as a Payment......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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