RBI guidelines on full-KYC ‘can kill wallets’

Prepaid Payment Instrument (PPI) players in the country such as Paytm, ItzCash, Mobikwik and Citrus will soon meet senior Reserve Bank of India officials to discuss certain concerns over the recently announced guidelines.
According to sources, wallet players are of the view that the guidelines on the stricter and mandatory Know Your Customer (KYC) norms for users of mobile wallets will be a deterrent to the growing wallet industry and that it might also “kill” smaller transactions.
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Reserve Bank of India (RBI) Recruitment for OA Posts 2017


Reserve Bank of India invites applications from eligible candidates for 526 posts of “Office Attendants” in various offices of the Bank. Selection for the post will be through a country-wide competitive Test (Online Test) followed by Language Proficiency Test (in Regional Language) as per Annex-I. Please note that Corrigendum, if any, issued on the above advertisement, will be published only on the Bank’s website www.rbi.org.in. Other details like age limit, educational qualification, selection process, application fee and how to apply are given below.

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Catholic Syrian Bank Recruitment of various Posts 2017


Catholic Syrian Bank has published Advertisement for below mentioned Posts 2017. Other details like age limit, educational qualification, selection process, application fee and how to apply are given below.




Posts:

  • Business Development Executive (Gold Loan) - 200 Posts
  • Regional Sales Manager (Gold Loan) - 2 Posts
  • Area Sales Manager (Gold Loan) - 13 Posts
  • Business Development Executive (CASA) - 150 Posts
  • Regional Sales Manager (CASA) - 2 Posts
  • Area Sales Manager (CASA) - 6 Posts 

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Moody’s upgrades India’s sovereign bond rating

In a big boost to the government’s reform agenda, which has faced flak for slowing growth, international rating agency Moody’s on Friday upgraded India’s sovereign bond rating to Baa2 from Baa3 with a stable outlook.

“The decision to upgrade the ratings is underpinned by Moody's expectation that continued progress on economic and institutional reforms will, over time, enhance India's high growth potential and its large and stable financing base for government debt, and will likely contribute to a gradual decline in the general government debt burden over the medium term,” it said in a release on Friday morning.
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