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3 mins read
RBI's monetary policy committee meeting begins today, announcement on October 9
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
2 mins read
Security forces to deploy AI-based security systems at Red Fort on Independence Day
Security agencies will be deploying artificial intelligence-based security systems with enhanced su…
ANI
1 min read
RBI to allow opening of rupee account outside India
The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …
PTI
3 mins read
UPI joins the AI bandwagon, offline payments get a push
UPI (Unified Payments Interface) has made payments easier but the endeavour to simplify procedures …
1 min read
SBI Card Q3 profit rises 8 pc to ₹549 crore
Total operating cost increased by 23 per cent at Rs 2,426 crore for the third quarter of FY24…
PTI
2 mins read
Fintech SRO aims to enhance credibility of sector, promote ethical conduct
The Reserve Bank(RBI) of India has released a preliminary framework outlining general functions, go…
2 mins read
UPI transaction limit for education and healthcare hiked to ₹5 lakh per day
Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…
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
Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…
PTI
1 min read
Global artificial intelligence market to reach $450 bn in 2022
"Across all industries and functions, end-user organisations are discovering the benefits of A…
1 min read
WPI inflation eased for the third consecutive month in August to 12.41%
The Wholesale Price Index-based inflation was 13.93 per cent in July and 11.64 per cent in Augus…
PTI
1 min read
India's foreign exchange reserves fell by $3 bn in last week of Aug
This is the fourth straight week when foreign exchange reserves have continued with their decl…