India CPI Inflation Slouching Towards RBI Comfort Zone
Offering some much-needed breather, CPI inflation edged lower, moderating slightly sequentially, to…
RBI, Banks Plan New Feature To Popularise Digital Currency Transactions
Retail CBDC transactions are averaging close to 18,000 a day, way short…
India’s Forex Reserves Jump By $4.03 Billion To $598.89 Billion: RBI Data
In the previous reporting week, the overall reserves had dropped by $30…
Direct Listings Of Firms At GIFT City By End Of This Year: IFSCA Chairman
Rajaraman says norms to be notified soon; Regulator also mulling on a…
Banking System’s Liquidity Slips Into Deficit For First Time In FY24
Banking system liquidity stood at a deficit or 236 billion rupees ($2.84…
Soon, Pay Up To Rs 500 At A Go Via UPI Lite
UPI-Lite was launched in September 2022 to reduce transaction failures and optimise…
RBI Issues Norms For Late Fee Payment Of EMI For Personal Loan Borrowers
The two decisions are expected to provide a relief to the borrowers…
Credit Card Default Increases By 1.94% To Rs 4,072 Crore In FY23-24
All cooperative banks are required to comply with the guidelines issued by…
Digital Payments Rise 13% Y-o-Y At March-end 2023: RBI Data
Digital payments across the country registered a growth of 13.24 per cent…
RBI Permits Banks To Open Vostro Accounts From 22 Nations For Rupee Trade
As on July 23, 20 banks in India have been permitted to…
