The Indian financial sector is entering a period of gradual and nuanced adaptation, with the global economic environment remaining a factor in the dynamics of currency flows and investor sentiment. The rupee is not in a critical state, but reacting to the continuous change in the international economy. Presently, one of the major influencing factors...
Tag: reserve bank of india
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Curbing Unsolicited Commercial Communication through effective implementation of Telecom Commercial Communications
Unsolicited Commercial Communication (UCC) is a major source of inconvenience to the public and impinges on the privacy of individuals. To curb the menace of UCC, TRAI issued the Telecom Commercial Communications Customer Preference Regulations, 2018 (TCCCPR, 2018) on July 19, 2018, which put in place a framework for controlling UCC. The regulations came into...
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The Licence of the Mumbai based banks are being cancelled by the RBI
On Saturday the Reserve Bank of India had cancelled the licence of all the city-based CKP co-operative bank as its financial position is unsustainable and also not in a position to pay to its depositors. The bank is not able to satisfy the stipulated minimum regulatory capital requirement of 9 per cent, as said by...