You Searched For "RBI developmental" and got 20 results
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4 mins read
Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements
UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…
2 mins read
RBI allows banks to issue RuPay prepaid forex cards
By promoting electronic payments, RuPay aligns with the Reserve Bank of India's goal of fostering a…
2 mins read
RTGS fund transfer system will be available 24x7 in the next few days, says RBI
Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a wee…
PTI
1 min read
RBI directs credit information companies to appoint internal ombudsman
The RBI, in its Statement of Developmental and Regulatory Policies, on August 5, 2022 had called…
2 mins read
One thing we now know for sure is in the budget proposals— a new infra lending institution
This kind of a lending body was one of the demands from the industry for a while now especial…
3 mins read
RBI Governor highlights five key areas that will determine India's growth in the post-COVID world
Reserve Bank of India (RBI) Governor Shaktikanta Das highlighted that India’s economy is showing si…
8 mins read
This Social Enterprise Runs A Global Crowd-funding Platform; Eyes $3-5 Million In Series B Funding
Unlike many other ventures in this space, this social enterprise is a for-profit concern, but has n…
1 min read
RBI move to cut repo rates progressive: SICCI
RBI slashing of repo rates by another 40 basis points from 4.4 per cent to 4 per cent and simultane…
PTI
3 mins read
RBI announces incentive for lending to MSME, home, auto sectors
"As a part of this, it has now been decided that scheduled commercial banks will be allowed to ded…
PTI
4 mins read
Not prudent to go for forced waiver of interest, risking financial viability of banks: RBI to SC
"It is submitted that the regulatory dispensations permitted by the Reserve Bank of India vide the…
PTI
2 mins read
RBI proposes new prepaid card for transactions up to Rs 10,000
Mumbai, Dec 5 () The Reserve Bank on Thursday proposed to introduce a prepaid payment instrument (P…
PTI
2 mins read
RBI proposes to bring cooperative banks with assets over Rs 500 cr under CRILC
Mumbai, Dec 5 () The Reserve Bank of India on Thursday announced a slew of measures, including brin…
PTI
2 mins read
RBI hikes aggregate lending limit to Rs 50 lakh for P2P lenders
Mumbai, Dec 5 () With a view to expand peer to peer (P2P) lending platform business, the Reserve Ba…
PTI
2 mins read
RBI to conduct long-term repo operations on Feb 17, 24 for Rs 50,000 crore
Banks would be required to place their requests for the amount sought under LTRO during the window…
PTI
3 mins read
Ficci terms RBI rate cut pause disappointing; others say demand revival key at this juncture
New Delhi, Dec 5 () Expressing disappointment at the RBI's decision to keep interest rates unchange…
PTI
2 mins read
GST to have macro economic impact: RBI
"The successful implementation of GST will result in additional revenue through simpler and…
1 min read
India successfully fight tests 'Agni Prime' ballistic missile with a range of 2,000 kms
New generation ballistic missile 'Agni Prime' was successfully flight-tested by the Defence Researc…
3 mins read
EXPLAINED: The NUE licence for payments that Tata, Ambani and Bezos have applied for
India’s central bank had floated the bid for NUE licences in August, 2020. The NUE licence wou…
2 mins read
Reserve Bank extends Rs 15,000-cr credit line to EXIM Bank
"It has been decided to extend a line of credit of Rs 15,000 crore to the EXIM Bank for a period o…
PTI
3 mins read
Bankers, analysts hail liquidity boosting policy measures
"The crowning glory of all measures is the provision of long-term repos at the repo rate that is i…