RBI

India’s digital payments to grow threefold from 159 bn to 481 bn by FY29: PwC re

(ANI)- India's digital payments industry is witnessing a huge surge, with transaction volumes growing by 42 per cent year-on-year (YoY)…

1 week ago

My card number is 4216-***, expiry ** and CVV ***: How Bold Care co-founder’s ‘stunt’ may have broken ‘basic’ rule of RBI ‘Kehta Hai’

Earlier this week, Bold Care co-founder Rahul Krishnan shared his debit card details including expiry and CVV online. He went…

2 weeks ago

Sensex, Nifty tumble post RBI monetary policy decision

Image used for representative purpose only | Photo Credit: PTI Equity benchmark indices Sensex and Nifty continued to trade lower…

2 weeks ago

Stock Market Today: Sensex, Nifty decline in early trade ahead of RBI monetary policy decision

Image used for representative purpose only. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade…

2 weeks ago

Rupee trades in narrow range against U.S. dollar ahead of RBI monetary policy outcome

Image used for representative purpose only. | Photo Credit: Reuters The rupee witnessed range-bound trading in initial deals against the…

2 weeks ago

Govt to allow upto four nominees in deposit, locker accounts in a bid to bring unclaimed deposits down

A new Bill proposed in the Parliament has a provision which says that deposit and locker holders can name up…

1 month ago

Shark Tank judge Anupam Mittal makes an ‘SBI complaint’ to RBI on UPI

Shark Tank judge and CEO of People Group Anupam Mittal has made a Unified Payments Interface (UPI)-related complaint to the…

1 month ago

RBI Monetary Policy: Cheque clearance cycle to be reduced ‘from days to hours’, says RBI governor Shaktikanta Das

Announcing the monetary policy statement on Thursday, Reserve Bank of India governor Shaktikanta Das said that the cheque-clearing cycle will…

1 month ago

2 biggest changes to UPI payments that RBI announced this week

The Reserve Bank of India (RBI) has announced two significant changes to the Unified Payments Interface (UPI) system this week…

1 month ago

RBI rolls out new authentication methods for digital payments, alternatives to SMS-based OTPs: Check details

The Reserve Bank of India (RBI) has introduced a new Framework on Alternative Authentication Mechanisms for Digital Payment Transactions to…

1 month ago

Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows

Digital payment frauds in India saw a more than fivefold jump to 14.57 billion rupees ($175 million) in the year…

2 months ago

Bank of Baroda, Bank of Maharashtra launch special fixed deposit schemes. Details here

Nearly a week after the Reserve Bank of India (RBI) highlighted a gap in deposit and credit growth during a…

2 months ago

RBI allows resident Indians to open dollar accounts in Gift City. What this means for you

Not only will this amount to significant savings when buying foreign currencies for overseas travel, it will also make spending…

2 months ago

RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report

The Reserve Bank of India (RBI) is aiming to clock one million transactions in India's under-trial CBDC, the eRupee, daily…

2 months ago

RBI alarmed at lakhs of bank accounts being used for fraud: Report

The Reserve Bank of India (RBI) expressed its surprise at some banks having lakhs of accounts that are used for…

2 months ago

RBI to Deploy eRupee CBDC Payments via UPI QR Codes Soon: All Details

India may take the next big leap in its eRupee central bank digital currency (CBDC) venture any day now. The…

2 months ago

Paytm layoffs: Vijay Shekhar Sharma breaks silence on why senior-level employees are leaving Paytm; here’s what he said

2024-07-07 22:15:02 Fintech firm One97 Communications, owner of the Paytm brand, laid off an undisclosed number of employees in June…

2 months ago

Indian Web3 Players Call SEBI’s Vision for Distributed VDA Governance Encouraging, Pragmatic

The Securities and Exchange Board of India's (SEBI), this week, said it could work with the RBI and Insurance Regulatory…

3 months ago

Bank holidays in July: Banks to remain closed for 12 days; details here | Personal Finance

2024-07-01 22:50:02 2 min read Last Updated : Jul 01 2024 | 9:52 AM IST Banks across India will be…

3 months ago

RBI revises priority sector lending norms

MUMBAI: RBI has revised its priority sector guidelines to encourage banks to provide small loans in economically disadvantaged districts with…

3 months ago