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What happened to Paytm Payments Bank? RBI cancels its license after violations

Regulatory action culminates in license cancellation What happened to Paytm Payments Bank? RBI cancels its license after violations forms the central development in India’s financial sector, as the Reserve Bank of India revoked the banking license of Paytm Payments Bank Ltd wi

Money & Investments

24 Apr 2026 11:26 AM 1.68k views

What happened to Paytm Payments Bank? RBI cancels its license after violations

Regulatory action culminates in license cancellation What happened to Paytm Payments Bank? RBI cancels its license after violations forms the central development in India’s financial sector, as the Reserve Bank of India revoked the banking license of Paytm Payments Bank Ltd wi

Money & Investments

RBI reins in JPY-linked special deposits as banks scale down premium offerings

Mumbai's financial sector has witnessed a significant recalibration as a once-popular deposit product—the Japanese yen (JPY)-linked special deposit—loses momentum following regulatory scrutiny and shifting bank strategies. These fancy financial instruments, heavily marketed to attract non-resident Indian (NRI) funds and appease analysts with attractive yield spreads, are now undergoing a correction. The Reserve Bank of India (RBI) has reportedly advised certain banks to ensure

NRI News

30 May 2025 02:49 AM 1.1k views

RBI reins in JPY-linked special deposits as banks scale down premium offerings

Mumbai's financial sector has witnessed a significant recalibration as a once-popular deposit product—the Japanese yen (JPY)-linked special deposit—loses momentum following regulatory scrutiny and shifting bank strategies. These fancy financial instruments, heavily marketed to attract non-resident Indian (NRI) funds and appease analysts with attractive yield spreads, are now undergoing a correction. The Reserve Bank of India (RBI) has reportedly advised certain banks to ensure

NRI News

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

India’s Chandrayaan-3 mission has made groundbreaking discoveries about the presence of lunar ice, indicating that frozen water deposits may be more abundant and accessible than previously believed.The Indian Space Research Organisation (ISRO) successfully landed Chandrayaan-3 near the Moon's South Pole on August 23, 2023, marking a significant achievement in lunar exploration. New data from the mission has provided crucial insights into temperature variations that affect ice format

Science

07 Mar 2025 07:16 AM 1.51k views

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

India’s Chandrayaan-3 mission has made groundbreaking discoveries about the presence of lunar ice, indicating that frozen water deposits may be more abundant and accessible than previously believed.The Indian Space Research Organisation (ISRO) successfully landed Chandrayaan-3 near the Moon's South Pole on August 23, 2023, marking a significant achievement in lunar exploration. New data from the mission has provided crucial insights into temperature variations that affect ice format

Science

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p

Finance & Economics

06 Dec 2024 10:48 AM 1.05k views

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p

Finance & Economics

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#jpy-deposits

What happened to Paytm Payments Bank? RBI cancels its license after violations

What happened to Paytm Payments Bank? RBI cancels its license after violations

RBI reins in JPY-linked special deposits as banks scale down premium offerings

RBI reins in JPY-linked special deposits as banks scale down premium offerings

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Former Austin Council Member and UT Professor Bill Spelman Dies at 68

Why Chinese Kids Are Cooking and Cleaning on Their Own

Did OpenAI miss growth targets? AI stocks fall as report raises concerns

Texas Capital Air Show canceled amid government shutdown, rescheduled for 2026

What Are Anti-Tank Guided Missiles India Used to Hit Pak LoC Posts

Padma Awards 2026 Announced on Republic Day: Full Category-Wise List

Kavitha Breaks Down in Tears, Requests Resignation in Council Speech

Trump Rally Remark About Melania Revives Debate Over FBI Mar-a-Lago Search

Olympic record holder Quincy Wilson commits to University of Maryland

East Bay Neighborhood Sees Rise in Dead Birds, Pellet Gun or Slingshot Suspected

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Former Austin Council Member and UT Professor Bill Spelman Dies at 68

Why Chinese Kids Are Cooking and Cleaning on Their Own

Did OpenAI miss growth targets? AI stocks fall as report raises concerns

Texas Capital Air Show canceled amid government shutdown, rescheduled for 2026

What Are Anti-Tank Guided Missiles India Used to Hit Pak LoC Posts

Padma Awards 2026 Announced on Republic Day: Full Category-Wise List

Kavitha Breaks Down in Tears, Requests Resignation in Council Speech

Trump Rally Remark About Melania Revives Debate Over FBI Mar-a-Lago Search

Olympic record holder Quincy Wilson commits to University of Maryland

East Bay Neighborhood Sees Rise in Dead Birds, Pellet Gun or Slingshot Suspected

#jpy-deposits

What happened to Paytm Payments Bank? RBI cancels its license after violations

What happened to Paytm Payments Bank? RBI cancels its license after violations

RBI reins in JPY-linked special deposits as banks scale down premium offerings

RBI reins in JPY-linked special deposits as banks scale down premium offerings

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Former Austin Council Member and UT Professor Bill Spelman Dies at 68

Why Chinese Kids Are Cooking and Cleaning on Their Own

Did OpenAI miss growth targets? AI stocks fall as report raises concerns

Texas Capital Air Show canceled amid government shutdown, rescheduled for 2026

What Are Anti-Tank Guided Missiles India Used to Hit Pak LoC Posts

Padma Awards 2026 Announced on Republic Day: Full Category-Wise List

Kavitha Breaks Down in Tears, Requests Resignation in Council Speech

Trump Rally Remark About Melania Revives Debate Over FBI Mar-a-Lago Search

Olympic record holder Quincy Wilson commits to University of Maryland

East Bay Neighborhood Sees Rise in Dead Birds, Pellet Gun or Slingshot Suspected

Popular Cities