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Commercial vehicle sales surpass expectations, indicating strong economic activity

by Adesola Mojo
Commercial vehicle sales surpass expectations, indicating strong economic activity

Sales of commercial vehicles – a barometer of economic activity – surpassed expectations last quarter driven by strong replacement demand and continued government spending on infrastructure. As per industry estimates, …

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Categories Automobile

RBI ex-Guv Subbarao’s idea for civil services — test IAS officers every 10-15 yrs, boost lateral entry

by Adrian Jhonsan
RBI ex-Guv Subbarao’s idea for civil services — test IAS officers every 10-15 yrs, boost lateral entry

New Delhi: The Indian Administrative Service (IAS) should incorporate a systematic approach for the lateral entry of private sector-trained personnel into government service ranks, according to former RBI Governor D. Subbarao. …

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Categories World

How RBI’s message to NPCI may bring some relief for Paytm |

by Ev Richard
How RBI’s message to NPCI may bring some relief for Paytm |

India’s apex bank Reserve Bank of India (RBI) may finally have some ‘good news’ for Paytm Payments Bank. According Reserve Bank of India (RBI), India’s banking regulator, has suggested the …

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Categories Technology

RBI, PhonePe, and PineLabs on the Paytm crisis |

by Ev Richard
RBI, PhonePe, and PineLabs on the Paytm crisis |

On January 31, India’s apex bank Reserve Bank of India (RBI) directed Paytm Payment Bank to stop accepting deposits, credit transactions or top ups in customer accounts, prepaid instruments, wallets, …

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Categories Technology

IT Minister on Ban on Paytm Payments Bank: Entrepreneurs and Startups Have This ‘Genetic Flaw’ |

by Ev Richard
IT Minister on Ban on Paytm Payments Bank: Entrepreneurs and Startups Have This ‘Genetic Flaw’ |

Union Minister Rajeev Chandrasekhar has strongly supported the Reserve Bank of India’s regulatory measures against Paytm Payments Bank, emphasising that these actions have underscored the necessity of legal compliance for …

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Categories Technology

Fastags are not interoperable, says RBI: How to transfer your Paytm Fastag to another bank |

by Ev Richard
Fastags are not interoperable, says RBI: How to transfer your Paytm Fastag to another bank |

National Highway Authority of India (NHAI) has removed Paytm Payments Bank Ltd (PPBL) from the list of authorised Fastag providers. The list now has 32 banks and the road toll …

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Categories Technology

Ashneer Grover on Paytm Crisis: Sad Day for Startups in India, Says 60 Year Olds at RBI Lack Trust |

by Ev Richard
Ashneer Grover on Paytm Crisis: Sad Day for Startups in India, Says 60 Year Olds at RBI Lack Trust |

Ashneer Grover, the founder of BharatPe and former Shark Tank judge, has come out strongly in favour of troubled Paytm Payments Bank. In an interview with Mirror Now, earlier this …

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Categories Technology

Why RBI may have banned Paytm Payments Bank

by Ev Richard
Why RBI may have banned Paytm Payments Bank

The Reserve Bank of India (RBI) recently ordered the closure of Paytm Payments Bank, saying that it found “persistent non-compliances and continued material supervisory concerns in the bank”. However, a …

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Categories Technology

Paytm Shares Plan to Deal with RBI Ban on Paytm Payments Bank |

by Ev Richard
Paytm Shares Plan to Deal with RBI Ban on Paytm Payments Bank |

In a recent development, Paytm Payments Bank Limited (PPBL), an associate of One 97 Communications Limited (OCL), has been directed by the Reserve Bank of India (RBI) to take immediate …

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Categories Technology

These FASTags will be deactivated on January 31, here’s why

by Ev Richard
These FASTags will be deactivated on January 31, here’s why

If you own a car and have a FASTag — and with adequate balance — then you should check if you have completed your KYC or not. If you haven’t …

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Categories Technology
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