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Rise seen in financial inclusion index, jobs in the country, notes RBI

Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…

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SLBCs can play effective role in financial inclusion by better coordination with govt, NGOs: RBI DG

Deepening financial inclusion is not merely about increasing the number of bank accounts but about …

PTI   


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UPI transactions cross Rs 20 trillion for third successive month, in July 2024

Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…

ANI   


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Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das

In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …

PTI   


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After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI   


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You can let your family members use your UPI account for payments, RBI introduces delegate payments

The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…

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RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…

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FPI's holdings are up by ₹16,990 crore since the inclusion of govt bonds in JP Morgan Index

The Foreign Portfolio Investors (FPIs) are responding positively on inclusion of Indian government …

ANI   


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RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major ec…

PTI   


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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   


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RBI Financial Inclusion Index – here’s what it means and why it is important

RBI has come out with its financial inclusion index for 2022, showing where India stands when it co…

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Indian fintechs raised $29 bn this year, that's 14% of the total global funding share: report

Indian fintech market has received $29 billion in funding across 2,084 deals to date (January 2017-…

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Indian economy making solid recovery despite global headwind: RBI Governor Das

Reserve Bank Governor Shaktikanta Das has stated that the Indian economy has made a strong recovery…

PTI   


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RBI plans new framework for authentication of digital transactions

The RBI on Thursday said that it has decided to come out with a new framework for authentication of…

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Axis Bank, PayNearby partner to take banking to rural and remote areas

PayNearby is known to provide branchless and digital banking services to rural customers. The pa…

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RBI directs card issuers to offer choice among card networks, bans restrictive agreements

According to a press release, the central bank prohibited card issuers from entering into agreement…

ANI   


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Paytm app will continue to work beyond Feb 29 as usual: CEO Vijay Shekhar Sharma

Digital payments and services app Paytm is working and will continue to work as usual even after Fe…

PTI   


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Financial literacy poor across urban, rural population in country: RBI survey

A general perception is that most of the rural population is not well-versed in digital banking in …

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Fintech repository to be set up by April 2024, says Shaktikanta Das

The Reserve Bank of India (RBI) has proposed the establishment of a fintech repository. “This will …

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RBI launches innovative program to revolutionize credit access for MSMEs

Mumbai (Maharashtra) [India], September 14 (ANI): The Reserve Bank of India (RBI) has embarked on a…

ANI