RBI, MAS ink pact to link UPI and PayNow; may operationalise by July 2022
The August consumer price index inflation print came at 5.3 per cent, lower than the consensus of 5.6 per cent.
The Reserve Bank on Tuesday said it has imposed a penalty of Rs 2.44 lakh on Spice Money Limited for contravention of certain norms
Sources close to the development said, barring a few banks, most had signed intercreditor agreement
The Reserve Bank on Monday said six entities have completed the test phase in the 'First Cohort' under the Regulatory Sandbox scheme with retail payments as theme
The country's foreign exchange reserves increased by $8.895 billion to reach a record high of $642.453 billion in the week ended September 3, RBI data showed
Central Bank in its annual report for 2020-21 said it was complying with the PCA framework norms meticulously
The Indian economy is on the recovery path, but structural challenges remain, Saggar said at an event
RBI has serious, major concerns about private cryptocurrencies from the point of view of financial stability
Transactions will be smooth after one-time tokenisation
Reserve Bank Governor Shaktikanta Das on Thursday said the stressed assets situation "looks manageable" as the stock of gross NPAs remained stable even after the second wave of pandemic
Reserve Bank of India will do everything to make the economy recover in a non-disruptive manner, its executive director Mridul Saggar said on Thursday.
'We don't anticipate a scenario of high inflation getting generalised, high asset prices not feeding price rise,' says RBI Governor
The Kolkata-based lender was placed under PCA in May 2017 on account of high net NPAs and negative RoA
RBI's supervision of co-op banks gets a body blow
Ignoring climate risks will complicate macroeconomic management, just as overlooking financial risks eventually led to the global financial crisis
Tokenisation is used in online transactions where the actual card details keyed in are replaced by random digits
AA merely acts as a conduit or a channel between FIUs and FIPs
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The RBI is weighing carefully if this could eventually lead to a backdoor entry of Big Tech in the Indian banking system