rbi

Politics

RBI@90, and what Prime Minister Modi had to say

[ad_1] Mumbai: Lauding the Reserve Bank of India (RBI) for its astute management of the country’s financial system at an event on Monday to mark the central bank’s 90th anniversary, Prime Minister Narendra Modi laid out a roadmap for the next 10 years, saying India would need to become economically self-reliant to shield itself from external shocks. Making the rupee more internationally accepted, increasing the reach of banking services…

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Markets

Paytm shares can cross ₹500, believes Motilal Oswal, sees 30% upside

[ad_1] Recent developments have shown promise for Paytm, as it obtained approval from the National Payments Council of India (NPCI) to operate as a third-party app, allowing it to function similarly to competitors like Google Pay and PhonePe. Moreover, Paytm has forged partnerships with Axis Bank, HDFC Bank, SBI, and Yes Bank to facilitate seamless business migration, indicating proactive measures to address operational concerns. The brokerage has retained its…

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