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RBI Cancels Paytm Payments Bank's Operating Licence
FinanceReutersTimes of Indiaindian-express+1ndtv3mo ago4 sources

RBI Cancels Paytm Payments Bank's Operating Licence

India's central bank, the Reserve Bank of India (RBI), has revoked the banking licence of Paytm Payments Bank. This decision effectively cancels the bank's ability to operate.

India's RBI Sells Gold Reserves Amid Iran War Impact
PoliticsTimes of India2mo ago

India's RBI Sells Gold Reserves Amid Iran War Impact

India's central bank, the RBI, reportedly sold $12 billion in gold reserves to protect foreign currency assets, as the government implements measures like fuel price hikes and increased import duties to stabilize the economy against external shocks.

Financewsj4mo ago

Indian Central Bank Maintains Interest Rates

India's central bank has decided to hold its key interest rates steady amidst an uncertain economic outlook, partly influenced by ongoing tensions in the Middle East. This decision aims to balance inflation concerns with growth stability.