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Total 166 results found. Search for [ RBI's circular ]

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PTI
October 14, 2018



PTI
October 13, 2018
The Reserve Bank of India (RBI), in a circular in April, said all system providers will have to ensure that the entire data relating to payment systems operated by them are stored in a system only in India.


PTI
October 13, 2018



BusinessToday.In
New Delhi, October 10, 2018
SC sends three directors of Amrapali group to policecustodyThe Supreme Court on Tuesday sent three directors of theAmrapali group to police custody admonishing them for playing \"hide andseek\" with the court and ordered they hand over all the documents of theembattled real estate major's 46 group companies to forensic auditors.It ordered that the three directors-- Anil Kumar Sharma,Shiv Priya and Ajay Kumar-- will remain in police custody till they hand overall the docume...


PTI
October 9, 2018



BusinessToday.In
October 9, 2018
With the clock ticking down to the RBI's deadline for compliance with its data localisation norms, mobile messaging platform WhatsApp today announced that it has built a system that stores payments-related data in India.


PTI
October 9, 2018



BusinessToday.In
New Delhi, October 8, 2018
The enforcement agencies say if data would be processed in the country, it will help them track transactions and social media details during inquiries.


BusinessToday.In
September 28, 2018
Zebpay, the largest cryptocurrency exchange in India, today announced the closure of its activities. The move comes five months after RBI banned banks from providing financial services to crypto exchanges.


Rajeev Dubey
New Delhi, September 25, 2018
Frightful and irresponsible commentaries about a 'systemic risk' suggesting India's financial system could collapse due to IL&FS have added fuel to fire


BusinessToday.In
New Delhi, September 21, 2018
The critical payments data collected by them (foreign payments companies) is being processed and stored outside of India, which can have severe security implications in case of a data breach, Paytm writes to the NCPI.


BusinessToday.In
New Delhi, September 20, 2018
Alibaba is the first foreign company to openly claim it's ready to accept the data localisation rules, while other prominent giants like Amazon, Microsoft, American Express, Google and Facebook have shown reluctance.


BusinessToday.In
New Delhi, September 13, 2018
Vouching for a level-playing field, PhonePe said all payments companies doing business in India must abide by the law of the land and protect our citizen's financial data and pay fair taxes on income earned in India.


Anand Adhikari
New Delhi, September 12, 2018
In his letter to the parliamentary committee, the celebrated economist Rajan listed out the key reform areas to prevent recurrence of the kind of bad loan that the system is currently grappling with.


BusinessToday.In
September 12, 2018
Defaulting companies in the power sector as well as some sugar, shipping and textile companies that had seemed destined for bankruptcy court under the RBI's new norms on stressed assets got a last-minute breather from the Supreme Court yesterday.


BusinessToday.In
New Delhi, September 12, 2018
The SC order will also buy the stressed shipping and sugar companies, which had approached the top court against the order, some more time.


Anilesh S Mahajan
New Delhi, August 30, 2018
Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.


PTI
New Delhi, August 28, 2018
The net NPA is also expected to decrease to 4.3 per cent, from 5.92 per cent as of June-end this year, says the ICRA report. The rating agency cautioned that GNPA and NNPA may be higher at 12.2 per cent and 5.6 per cent, respectively, in absence of resolution.


BusinessToday.In
New Delhi, August 27, 2018
As per the RBI's February-12 circular, the over 70 defaulting companies had been given six months starting from March, following which financial creditors were supposed to move the NCLT against them.


PTI
August 26, 2018
The RBI circular asks banks to identify projects with even a day's default as stressed assets, and conclude resolution proceedings in 180 days. The circular came into effect on March 1 and the 180-day deadline concludes on August 27.


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