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RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
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…
Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey
Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…
PTI
RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards…
ANI
Digital payments are on track to cross the 200 billion mark, but fintechs are yet to ‘earn’ from them
Digital payments transactions in India are expected to cross the 200 million mark in the next three…
Ashneer Grover slams RBI over recent mandate
Ashneer Grover, who was sacked along with his wife Madhuri Jain Grover by fintech platform BharatPe…
Paytm Payments Bank gets final nod from RBI to operate Bharat Bill Payment System services
Paytm Payments Bank Limited (PPBL) received final approval from the Reserve Bank of India to operat…
ANI
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…
Indian banking will maintain its growth momentum: South Indian Bank MD & CEO
Growth in credit, mergers and acquisitions, digital initiatives by the Reserve Bank of India (RBI),…
RBI modifies framework for financial market infrastructure, retail payment system
"This document, by enhancing supervisory transparency and disclosure, would enable better regulator…
PTI
After SBI, Axis Bank launches its own line of wearable payment devices that only cost $10 a piece
After the State Bank of India (SBI) launched Titan Pay in October last year, Axis Bank has now l…
Rolex Rings’ IPO to help company focus on growth and come out of corporate debt restructuring
Automotive components manufacturer Rolex Rings’ initial public offering (IPO) has opened and the co…
ISRO to carry first-ever French payload abroad Venus mission scheduled for 2025
New Delhi, Sep 30 () ISRO is scheduled to launch its Venus mission in 2025 and France will particip…
PTI
FAQs about RBI’s three-month deferment on EMIs answered by the Indian Banks Association
A statement by the Indian Banks Association, answers all the frequently asked questions that yo…
Ushering in a tectonic shift in mobile payments
This is how it will work currently. You will need to download the UPI app and register a virtual ID…
Exclusive: The Good Boy of e-Payments - Anand Chandrasekaran, CPO, Snapdeal
For us, the insight is around what the starting point is. The intuition was that payments can be so…
Coronavirus: RBI to inject Rs 10,000cr liquidity into market on Fri
In two liquidity enhancing measures, Das announced another round of USD 2 billion dollar-rupee swap…
PTI
No MDR charges applicable on payment via RuPay, UPI from Jan 1: FM
New Delhi, Dec 28 () In a bid to promote digital payments, Finance Minister Nirmala Sitharaman on S…
PTI
Digital payments: The inflexion point and the curve ahead
Traditionally, an empty pocket with no cash has been associated with a lack of financial security. …
Know everything about Paytm’s ‘Project Pokhran’
“Payment is one event of a consumer relationship and we can grow this through the deposits,” said…