Banking In India

RBI bars Paytm Payments Bank from getting new customers

The central bank also told the payments bank to hire a firm to conduct an audit of its information technology system.

Scroll Staff
· Mar 11, 2022 · 08:11 pm
Many Indian districts lack banking facilities despite high economic activity, says finance minister

Nirmala Sitharaman said the country needs at least four to five lenders like the State Bank of India to meet the requirements of the economy.

Scroll Staff
· Sep 26, 2021 · 03:40 pm
From October, RBI to penalise banks if ATMs run out of cash for over 10 hours a month

Banks and non-banking entities operating the machines will have to pay a penalty of Rs 10,000 per ATM.

Scroll Staff
· Aug 11, 2021 · 10:55 am

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