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Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
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RBI Passes Condolence Resolution In Memory Of Ratan Tata
Ratan Naval Tata died at a Mumbai hospital on October 9 at the age of 86 years.
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Paytm Payments Bank Board Is Independent, Paytm CEO Vijay Shekhar Sharma Says
The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.
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Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.
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Paytm CEO Quits Payments Bank Board In Major Shakeup Amid RBI Clampdown
Digital payments firm Paytm said on Monday that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.
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RBI Supercedes Board Of Abhyudaya Cooperative Bank For One Year Over Poor Governance
Satya Prakash Pathak, former Chief General Manager of State Bank of India, is the 'Administrator' to manage the affairs of the Mumbai-based bank during the one-year period, the Reserve Bank of India (RBI) said.
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Found 1-2 Board Members' "Excessive Dominance" In Big Banks: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive dominance" by one or two board members even in "big commercial banks".
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After Uday Kotak, Who? RBI "Conveys View" To Kotak Mahindra Bank Board
The banking regulator is nudging Kotak Mahindra Bank Ltd. to select someone outside the lender's ranks to succeed billionaire founder Uday Kotak as the next Chief Executive Officer, according to people familiar with the matter.
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Watch: Anand Mahindra Uses India's Digital Currency E-Rupee To Buy Fruits
Anand Mahindra claimed that he learned about the e-rupee during a meeting of the RBI board and immediately started using it to purchase fruit from a vendor.
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Most States Agree To Adopt Reserve Bank Of India's Financial Literacy Programme For Schools: Official
All the state school education boards except for three have agreed to include the financial literacy programme of RBI in their curriculums.
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Anand Mahindra & Venu Srinivasan Appointed To The Reserve Bank Of India Board
The Appointments Committee of the Cabinet gave its nod to these appointments.
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Centre Designates 44 Nodal Officers To Crack Down On Terror Funding
The Home Ministry has designated 44 senior officers from the central, state and Union Territory governments, apart from entities like the Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI), to serve as nodal authority for seizure of funds and other financial assets held by anyone engaged in or supporting terrorism.
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Rahul Dravid's Conflict Of Interest Charge Downplayed By CoA
Committee of Administrators (CoA) has downplayed the conflict of interest charge against Rahul Dravid, citing the example of former RBI Governor Raghuram Rajan.
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RBI Had Objections To Notes Ban, Agreed In "Public Interest", Reveals RTI
The Reserve Bank of India (RBI) board had warned about the short-term negative effect of demonetization on growth and had noted that it would have no material impact on the campaign against black money.
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Information Body Pulls Up RBI For Not Disclosing Demonetisation Records
The Central Information Commission has pulled up the Reserve Bank of India for "perfunctory handling" of an RTI application seeking records of its board meetings where the issue of demonetisation was deliberated, and issued a show-cause notice to its Central Public Information Officer.
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Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
-
RBI Passes Condolence Resolution In Memory Of Ratan Tata
Ratan Naval Tata died at a Mumbai hospital on October 9 at the age of 86 years.
-
Paytm Payments Bank Board Is Independent, Paytm CEO Vijay Shekhar Sharma Says
The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of digital payments firm Paytm, formally known as One97 Communications Ltd, (OCL) said on Monday.
-
Paytm Terminates Some Ties With Troubled Payments Bank Unit
Payments firm Paytm on Friday cut some ties with its payments bank unit, which India's banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month.
-
Paytm CEO Quits Payments Bank Board In Major Shakeup Amid RBI Clampdown
Digital payments firm Paytm said on Monday that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.
-
RBI Supercedes Board Of Abhyudaya Cooperative Bank For One Year Over Poor Governance
Satya Prakash Pathak, former Chief General Manager of State Bank of India, is the 'Administrator' to manage the affairs of the Mumbai-based bank during the one-year period, the Reserve Bank of India (RBI) said.
-
Found 1-2 Board Members' "Excessive Dominance" In Big Banks: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive dominance" by one or two board members even in "big commercial banks".
-
After Uday Kotak, Who? RBI "Conveys View" To Kotak Mahindra Bank Board
The banking regulator is nudging Kotak Mahindra Bank Ltd. to select someone outside the lender's ranks to succeed billionaire founder Uday Kotak as the next Chief Executive Officer, according to people familiar with the matter.
-
Watch: Anand Mahindra Uses India's Digital Currency E-Rupee To Buy Fruits
Anand Mahindra claimed that he learned about the e-rupee during a meeting of the RBI board and immediately started using it to purchase fruit from a vendor.
-
Most States Agree To Adopt Reserve Bank Of India's Financial Literacy Programme For Schools: Official
All the state school education boards except for three have agreed to include the financial literacy programme of RBI in their curriculums.
-
Anand Mahindra & Venu Srinivasan Appointed To The Reserve Bank Of India Board
The Appointments Committee of the Cabinet gave its nod to these appointments.
-
Centre Designates 44 Nodal Officers To Crack Down On Terror Funding
The Home Ministry has designated 44 senior officers from the central, state and Union Territory governments, apart from entities like the Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI), to serve as nodal authority for seizure of funds and other financial assets held by anyone engaged in or supporting terrorism.
-
Rahul Dravid's Conflict Of Interest Charge Downplayed By CoA
Committee of Administrators (CoA) has downplayed the conflict of interest charge against Rahul Dravid, citing the example of former RBI Governor Raghuram Rajan.
-
RBI Had Objections To Notes Ban, Agreed In "Public Interest", Reveals RTI
The Reserve Bank of India (RBI) board had warned about the short-term negative effect of demonetization on growth and had noted that it would have no material impact on the campaign against black money.
-
Information Body Pulls Up RBI For Not Disclosing Demonetisation Records
The Central Information Commission has pulled up the Reserve Bank of India for "perfunctory handling" of an RTI application seeking records of its board meetings where the issue of demonetisation was deliberated, and issued a show-cause notice to its Central Public Information Officer.
