PayU, the payments arm of Dutch technology investor Prosus, has secured an ‘integrated authorisation’ from the Reserve Bank of India (RBI) to function as a […]
Tag: Funds
MSC Bank achieves Rs 61,956 crore business turnover in FY25
Maharashtra State Cooperative Bank (MSC Bank) has announced an unprecedented business turnover of Rs 61,956 crore for the financial year ending 31st March, 2025. Alongside […]
Banks reluctant to park funds with RBI despite high liquidity
Despite the prevalence of a large surplus of liquidity in the system, banks have shown reluctance to park excess funds with the Reserve Bank of […]
Govt: Allocated Rs 200 crore for RTE admissions; schools say not enough
A total budgetary allocation of Rs 200 crore has been made to reimburse schools for admissions under the Right To Education (RTE) Act and Rs […]