Mumbai : In a distressing case of cyber fraud, a 65-year-old woman from Mumbai has lost a staggering ₹1.30 crore to scammers posing as officials from various organizations, including the Customs Department, Reserve Bank of India, and the International Monetary Fund. The victim, who lived in the Chandivali area of Powai until June 2024 before […]
The Impressive Times
Bhubaneswar, Aug 31 2024 : Reserve Bank of India (RBI) Governor Shaktikanta Das expressed confidence in the further global expansion of the Unified Payments Interface (UPI), predicting that it will grow and internationalize in several more countries. During his ongoing five-day visit to Odisha, Das highlighted that UPI has already established a presence in numerous […]
The Impressive Times
Bengaluru, August 26 2024 : In a keynote address at the Global Conference on Digital Public Infrastructure and Emerging Technologies, part of the RBI@90 initiative, Reserve Bank of India (RBI) Governor Shaktikanta Das outlined the central bank’s strategic focus on bolstering the financial sector through innovative policies and platforms. Das highlighted the importance of enhancing […]
The Impressive Times
New Delhi : The Reserve Bank of India (RBI) has rolled out stringent guidelines to prevent malpractices and safeguard investor interests, particularly within Peer-to-Peer (P2P) lending platforms. Effective immediately, these new regulations prohibit P2P platforms from assuming any credit risk, offering credit enhancements, or providing guarantees on loans. This measure is designed to ensure that […]
The Impressive Times
