Paytm Payments Bank: RBI Cancels Banking Licence Amid Compliance Failures
The Reserve Bank of India has taken decisive action against Paytm Payments Bank, revoking its banking licence. This move underscores ongoing compliance issues.
Tag: RBI
RBI’s Bold Move: Benchmark Issuance Strategy and Foreign Investment Approval
The RBI has introduced a new Benchmark Issuance Strategy for state borrowings while approving foreign investment in RBL Bank, signaling a transformative phase.
RBI Delays Capital Market Exposure Rules Amidst Industry Concerns
The RBI has postponed its capital market exposure rules by three months, responding to requests from banks and industry bodies for more clarity.
HDFC Bank Share Price Plummets Amid Governance Concerns and Leadership Changes
HDFC Bank’s share price has seen a dramatic decline, falling nearly 25% over the past three months amid governance concerns and leadership changes.