RBI News

Rajiv Ranjan, Sitikantha Pattanaik appointed as executive directors of RBI

Rajiv Ranjan, Sitikantha Pattanaik appointed as executive directors of RBI

New Delhi: The Reserve Bank of India (RBI) on Friday has appointed two new executive directors that are Rajiv Ranjan and Sitikantha Pattanaik will take charge from May1, 2022, according to Central bank. Before being promoted as ED, Ranjan was the adviser-in-charge of the monetary policy department and also secretary

CBI brings fugitive Nirav Modi’s close aide to India from Cairo: Officials

CBI brings fugitive Nirav Modi’s close aide to India from Cairo: Officials

Mumbai: The Central Bureau of Investigation (CBI) deported Subhash Shankar Parab, a close acquaintance of fugitive jeweller Nirav Modi, from Egypt today, according to official sources. Mr Parab, who escaped to Cairo in 2018, arrived in Mumbai early this morning after being deported, according to authorities, and will be brought before

RBI asks Paytm Payments Bank to stop onboarding new customers

RBI asks Paytm Payments Bank to stop onboarding new customers

BENGALURU: Reserve Bank of India has directed Paytm Payments Bank Ltd to stop onboarding new customers, effective immediately, citing “certain material supervisory concerns”, the central bank said. RBI has also asked One 97 Communications Ltd’s Paytm Payments Bank Action to appoint an IT audit firm to conduct a comprehensive System