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SIDBI looking to exit its ARC business, once again

Mumbai, Feb. 26 -- Small Industries Development Bank of India (SIDBI) is actively looking at a second attempt to exit from its subsidiary India SME Asset Reconstruction Company (ISARC). In an intervie... Read More


Jayanth Varma, MPC's sole dissenter, on inflation, interest rate and MSP

Mumbai, Feb. 24 -- Monetary Policy Committee (MPC) member Jayanth R. Varma says that he is not worried about the Reserve Bank of India announcing a rate cut before the US Federal Reserve. In an interv... Read More


NPCI told to review Paytm's application for UPI services

Mumbai, Feb. 24 -- The Reserve Bank of India on Friday announced more measures to ensure UPI customers using the @paytm handle operated by Paytm Payments Bank continue seamless digital payments even a... Read More


NPCI told to review Paytm's application for UPI services

Mumbai, Feb. 24 -- The Reserve Bank of India on Friday announced more measures to ensure UPI customers using the @paytm handle operated by Paytm Payments Bank continue seamless digital payments even a... Read More


NPCI told to review Paytm's application for UPI services

Mumbai, Feb. 24 -- The Reserve Bank of India on Friday announced more measures to ensure UPI customers using the @paytm handle operated by Paytm Payments Bank continue seamless digital payments even a... Read More


RBI's rate-setting panel warns against premature change in policy stance

New Delhi, Feb. 22 -- Members of the central bank's monetary policy committee-save for a lone dissenter-warned against any premature change in policy action while embarking on the "last mile of disinf... Read More


Instamojo opts out of payments gateway bid

New Delhi, Feb. 16 -- Mastercard-backed Instamojo might not re-apply for a payment aggregator (PA) license, after its application was returned by Reserve Bank of India in September 2023. Instamojo, a... Read More