Business

RBI imposes Rs 3.06 cr penalty on Amazon Pay

Mumbai: The Reserve Bank of India on Friday said it has imposed a penalty of over Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with certain provisions related to Prepaid Payment Instruments (PPIs) and Know Your Customer (KYC) direction. “It was observed that the entity was non-compliant with the directions issued by…

Published

4 weeks ago

March 3, 2023

Shrishti

RBI imposes Rs 3.06 cr penalty on Amazon Pay

Mumbai: The Reserve Monetary institution of India on Friday said it has imposed a penalty of over Rs 3.06 crore on Amazon Pay (India) Personal Puny for non-compliance with run provisions linked to Pay as you lunge Fee Devices (PPIs) and Know Your Buyer (KYC) route. “It became once seen that the entity became once non-compliant with the instructions issued by RBI on KYC requirements,” the RBI said in a assertion…
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Business

Realty developers ask RBI to cease payment hikes

Realty developers’ body the Confederation of Real Estate Developers’ Association of India (CREDAI) has urged the Reserve Bank of India to not increase the repo rate any further, citing the financial challenges faced by developers and the potential impact on housing sales due to the consequential rise in prices and home loan rates.Through six successive…

Published

23 hours ago

March 31, 2023

Shrishti

Realty developers ask RBI to cease payment hikes

Realty developers’ physique the Confederation of Proper Estate Developers’ Association of India (CREDAI) has entreated the Reserve Financial institution of India to no longer boost the repo payment to any extent further, citing the monetary challenges confronted by developers and the aptitude affect on housing sales attributable to the consequential upward push in prices and home mortgage charges.By six successive hikes since May maybe also simply…
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Business

Learn with ETMarkets: Planning to originate up your hurry into alternate choices shopping and selling? Right here’s a short guide

If you are trading in Indian Stock markets, chances are that you must have initiated trades in Options already or you might have at least heard about Options, and why not, after all Options is the most traded segment in the Indian markets.Did you know out of the 100 trades executed in Indian markets…

Published

23 hours ago

March 31, 2023

Shrishti

Learn with ETMarkets: Planning to originate up your hurry into alternate choices shopping and selling? Right here’s a short guide

When you happen to is inclined to be shopping and selling in Indian Stock markets, probabilities are that it be crucial to appreciate initiated trades in Alternatives already otherwise you may perchance perchance perchance need on the least heard about Alternatives, and why no longer, in spite of the total thing Alternatives is the most traded section within the Indian markets.Did out of the 100 trades accomplished in Indian markets…
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