RBI
Digital Payments Grew Significantly In FY23: RBI Index
The RBI-DPI figures for March 2022 showcased a robust 349.30, which further climbed from 270.59 in March 2021 and 304.06 in September 2021
RBI Approves FLDG Guidelines For Digital Lenders
As per the guidelines, the RBI has decided to permit arrangements between regulated entities and lending service providers or between two regulated entities involving default loss guarantee
RBI Continues To Keep Repo Rate Unchanged At 6.50 Per Cent
The previous change in the key rate took place in February 2023 when RBI hiked the repo rate by 25 basis points to 6.50 per cent.
RBI Asks Indian Banks To Prepare For the Future With AI and Blockchain
The Deputy Governor further adds that the future of banking will be shaped by the advancement in technology, leading to greater automation in business and processes, understanding the changing customer expectations, and being at par with the evolving regulatory scenarios.
RBI Annual Report FY23 Highlights GDP Growth, Currency In Circulation And RBI's Annual Income
The report provides information on the RBI's functioning through the fiscal year as well as the state of the economy
Withdrawal Of INR 2000 Notes Is a Non-Event In India, Says SBI
The report also said that the digital payments in India has been witnessing new milestones, in both value and volume terms
6 Aftereffects of the INR 2000 Note Withdrawal by RBI
Following the RBI's decision to stop issuing INR 2000 notes, several businesses noticed that payments were now made in the withdrawn currency.
Working With MeitY And RBI; FM On Ponzi Apps
Cautioning investors against ponzi apps, Sitharaman said investors should do their due diligence and should not be lured by claims of lucrative returns made by them
RBI Approves Appointment Of Kaizad Bharucha And Bhavesh Zaveri
A meeting of the Board of Directors of the Bank will be convened in due course inter alia to give effect to the appointments
RBI Keeps the Repo Rate Unchanged At 6.50 Per Cent
The MPC is a six-member committee comprising Das, Rajiv Ranjan, Ashima Goyal, Shashanka Bhide, Jayanth Varma, and Michael Patra, which held meetings on the 3rd, 5th and 6th of April 2023. The decision to keep the repo rate was a unanimous one.
RBI Governor Urges Payment System Operators To Ensure Good Governance: Report
As per the report, Das asked PSOs to work on formation of self-regulatory organisations (SROs) for the greater good of all stakeholders
India's Forex Reserves Fall By $2.39 Billion To $560 Billion
As per the reports, the exchange reserves recovered last week and stood at $562.40 billion as of the week ended March 3, 2023
Fintech Companies Need a Self-Regulatory Approach, Says RBI Deputy Governor
The Reserve Bank of India (RBI) has said that the financial technology, or fintech, sector should organize itself under a self-regulatory organization that can monitor the conduct of member fintech entities
India Must Prepare To Manage Volatility Risks In Forex Market, Says RBI Deputy Governor
The deputy governor said that India has increasingly aimed to promote trade denominated in Rupees
Daily UPI Transactions Jump 50% To 36 Crore, Says RBI Governor
Shaktikanta Das补充说,整个密苏里州nthly digital payment transactions crossed over INR 1,000-crore-mark each month during the past three months