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Mira Bhayandar: 28-Year-Old Imposter Held For Duping Mobile Dealer Of ₹1.60 Lakh Using Fake Payment Screenshots

The Valiv police have arrested a 28-year-old imposter who duped traders by showing screen shots of fake bank transfers after making purchases. The accused identified as-Faisal Abul Hassan Shaikh who turned out to be habitual offender had recently duped a mobile dealer in Vasai to the tune of Rs 1.60 lakh by purchasing a high-end mobile phone. ....

Faisal Abul Hassan Shaikh , Mahendra Kumar Purohit , National Electronic Fund Transfer , Mahalaxmi Mobile , Samsung Galaxyz Fold ,

India's transaction trends: ePayment riches leave circulation of currency poorer

India's transaction trends: ePayment riches leave circulation of currency poorer
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Lok Sabha , Gaura Sengupta , Namrata Mittal , Mutual Fund , National Electronic Fund Transfer , National Payments Corporation Of India , First Bank , Reserve Bank , Unified Payments Interface , Slowing Steadilycentral , National Payments Corporation ,

Banks seek flexible reserve norms as RBI weighs risks

Lenders have asked the RBI to permit the compulsory portion of funds set aside for the maintenance of the Cash Reserve Ratio (CRR) to be made eligible as High Quality Liquid Assets (HQLA) for the purpose of computing Liquidity Coverage Ratio (LCR), sources aware of the developments told ET. ....

Basel Committee On Banking Supervision , National Electronic Fund Transfer , Silicon Valley Bank , Reserve Bank , Cash Reserve Ratio , High Quality Liquid Assets , Liquidity Coverage Ratio , Statutory Liquidity Ratio , Basel Committee , Banking Supervision , Real Time Gross Settlement , Reserve Bank Of India ,

rbi: RBI to revisit LCR framework in bid to shield banks from run

The central bank will issue a draft circular in this regard for comments of all stakeholders. Under the liquidity coverage ratio (LCR) introduced post the global financial crisis, banks are currently required to maintain a stock of high quality liquid assets (HQLA) to cover the expected net cash outflows in the next 30 calendar days. ....

Shaktikanta Das , Silicon Valley Bank , National Electronic Fund Transfer , Reserve Bank ,