Tag: deposits
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RBI governor calls competition for deposits “good” if it’s transparent
Mumbai: Competition among banks while mobilising deposits is “good” as long as it is transparent, Reserve Bank of India governor Sanjay Malhotra said on...
RBI to bear hedging costs for banks’ foreign currency deposits, flows of over $10 bn seen
Mumbai: Amid significant depreciation in the domestic currency, the Reserve Bank of India on Friday said it will absorb the hedging cost for foreign...
Coinbase launches in India with direct rupee deposits and withdrawals
Crypto exchange Coinbase has launched direct Indian rupee (INR) deposit and withdrawal services for retail users in India, expanding its presence in one of...
RBI platform for unclaimed deposits exposed sensitive user data
Notably, unclaimed deposits tracked through Udgam totalled about ₹72,454 crore, minister of state for finance Pankaj Chaudhary told Parliament in February. Separately, court...
The truth about NRI deposits: India is not losing them, says ClearTax’s Archit Gupta
अनिवासी भारतीयों (एनआरआई) द्वारा भारत से पैसा निकालने के बारे में चिंताएं हाल ही में जोर पकड़ रही हैं, खासकर भारतीय रिजर्व बैंक द्वारा...
