indianewswatch, to business

RBI stops Paytm Payments Bank from accepting deposits in customer accounts after February 29

However, customers can continue to use the balance amount in their accounts without any restrictions.

https://scroll.in/latest/1063040/rbi-stops-paytm-payments-bank-from-accepting-deposits-in-customer-accounts-after-february-29

indianewswatch, to geopolitics

97.38% of ₹2,000 banknotes have been returned: RBI

The facility for deposit and/or exchange of the ₹2,000 banknotes was available at all bank branches in the country up to October 07, 2023.

https://www.thehindu.com/business/9738-of-2000-banknotes-have-been-returned-rbi/article67695596.ece

ap236, to cdnpoli
@ap236@mastodon.social avatar

Tim Hortons to revive beloved dutchie, other favourites to mark 60th anniversary https://bit.ly/48pVO34 @cdnpoli

mpopp75, to Ukraine German

Sagen wir's, wie's ist.

Die wurde von erpresst, die von der Kriegssponsoren-Liste zu nehmen. 😡 https://tvthek.orf.at/profile/ZIB-1/1203/ZIB-1/14205684/Ukraine-nimmt-RBI-von-schwarzer-Liste/15532406

EU-Politik scheint nur noch aus Erpressung zu bestehen. Alles wegen der scheiß Vetorechte.

thejapantimes, to worldnews
@thejapantimes@mastodon.social avatar

Foreigners have poured billions of dollars into Indian equities this year. But small caps have become pricey, and elections are around the corner. https://www.japantimes.co.jp/commentary/2023/12/07/world/india-emerging-market/?utm_content=buffer2ee31&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn

Dorianix, to random German
@Dorianix@graz.social avatar
indianewswatch, to geopolitics

Indian rupee falls to record low, next week crucial to gauge new range

The rupee dropped to a record low of 83.42 to the dollar and was last at 83.3925. The rupee had been in a narrow range for more than a month, with the Reserve Bank of India (RBI) not allowing it to weaken past 83.30, according to traders.

https://www.reuters.com/world/india/indian-rupee-drops-record-low-tracking-asian-peers-2023-11-10/

hanse_mina, to Ukraine

Burger King remains open as usual in Russia despite the brand's owner pledging to leave more than a year ago.

Restaurant Brands International (), which owns 15% of the fast-food's franchise business in Russia, told the BBC it had "no new updates to share at this time" on its exit.

The firm said in March 2022 that it had started the process to leave Russia.

https://www.bbc.com/news/business-66739104

indianewswatch, to swift

The Need For Regulatory Transparency and Accountability Around Digital Money

Systems are being made more opaque than ever and governments are insulated by regulators who hide behind technology. Srikanth Lakshmanan writes.

https://thewire.in/tech/the-need-for-regulatory-transparency-and-accountability-around-digital-money

indianewswatch, to history

The story of Mahatma Gandhi’s portrait on Indian banknotes

It was only in 1996 that Mahatma Gandhi became a permanent feature on legal banknotes of every denomination issued by the Reserve Bank of India (RBI). How did this happen?

https://indianexpress.com/article/explained/story-mahatma-gandhi-portrait-indian-banknotes-8963152/

indianewswatch, to security

Bank Bachao Forum Writes to RBI Guv Against Aadhaar-Enabled Payment System

Bank Bachao Desh Bachao Manch wrote to the RBI Governor expressing concern over bank frauds via the Aadhaar-enabled payment system.

https://www.newsclick.in/bank-bachao-forum-writes-rbi-guv-against-aadhaar-enabled-payment-system

indianewswatch, to geopolitics

Household savings fall to 5-decade low

Liabilities increase at second fastest rate since Independence.

https://www.financialexpress.com/money/household-savings-fall-to-5-decade-low-3247751/

ap236, to Futurology
@ap236@mastodon.social avatar

A Tim Hortons boat drive-thru is launching near Toronto https://bit.ly/3QmE1Ep @onpoli

indianewswatch, to Banking

Banks write off bad loans worth Rs 2.09 lakh crore in 2022-23: RBI

The RBI’s RTI reply to The Indian Express says that loan write-offs by banks rose to Rs 209,144 crore during the fiscal ended March 2023 as against Rs 174,966 crore a year ago in March 2022 and Rs 202,781 crore in March 2021.

https://indianexpress.com/article/business/banking-and-finance/banks-write-off-bad-loans-worth-rs-2-09-lakh-crore-in-2022-23-rbi-8856435/

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