PayU gets RBI’s approval to operate as Payments Aggregator
PayU, a digital financial services provider said it had received in-principle authorisation from the...
central bank
RBI bars Kotak Bank from issuing new credit cards, onboarding customers via online banking channels
The Reserve Bank of India today directed Kotak Mahindra Bank Limited to cease and desist, with immed...
Key decisions of central bank cannot be left to politicians, says former RBI Governor Subbarao
Former Governor of the Reserve Bank of India (RBI) Duvvuri Subbarao on April 24 said key decisions t...
NPCI inks pact with Bank of Namibia for developing UPI-like instant payment system
National Payments Corporation of India (NPCI) on May 2 said its overseas arm has signed a pact with ...
RBI approves ₹2.11 lakh crore dividend payout to govt for 2023-24
The Reserve Bank of India (RBI) on May 22 approved a ₹2.11 lakh crore dividend payout to the central...
Road Ministry against hike in project lending rates, bats for status quo
The central bank earlier this month proposed tighter norms, requiring lenders to allocate 5% of the ...
Road Ministry against hike in project lending rates, bats for status quo
The central bank earlier this month proposed tighter norms, requiring lenders to allocate 5% of the ...
RBI keeps repo rate unchanged at 6.5% for 8th time in a row
The Reserve Bank of India (RBI) on June 7 decided to keep the policy rate unchanged for the eighth t...
U.S. Federal Reserve likely to scale back plans for rate cuts because of persistent inflation
United States Federal Reserve officials will likely make official what's been clear for many weeks: ...
Fitch raises India's growth estimates for FY25 to 7.2%
Fitch Ratings on Tuesday, June 18, 2024, raised India's growth forecast for current fiscal to 7.2 pe...
RBI unveils revised Currency Swap Arrangement for SAARC countries
The Reserve Bank of India (RBI) on June 27 said it with the concurrence of the Government of India h...
₹7,581 crore worth ₹2,000 notes still in circulation: RBI
The total value of ₹2,000 banknotes in circulation, which was ₹3.56 lakh crore at the close of busin...
Rupee inches up on likely intervention by cenbank in NDF market
The RBI has intervened in the NDF market on many occasions previously, around the time when the loca...
PPF returns still languishing lower than formula-based rates: RBI
The interest rates offered by the Union government on two of India’s most popular small savings sche...
‘Abandoning RBI’s inflation target regime could be risky, counterproductive’
The Reserve Bank of India's (RBI's) inflation targeting regime has worked well and need not be aband...
Top global ranking for RBI Governor recognition of his leadership: PM Modi
Prime Minister Narendra Modi on Wednesday (August 21, 2024) congratulated Reserve Bank of India (RBI...
