Reserve Bank of India

Fitch sees big RBI dividend to govt as positive for India’s rating
Business

Fitch sees big RBI dividend to govt as positive for India’s rating

Global rating agency Fitch views the larger-than-expected Reserve Bank of India (RBI) dividend of Rs 2.1 lakh crore to the…
Over 97 per cent of Rs 2,000 banknotes returned: RBI
Business

Over 97 per cent of Rs 2,000 banknotes returned: RBI

The Reserve Bank of India (RBI) said in its currency update on Thursday that 97.76 per cent of the Rs…
PayU gets RBI’s in-principle nod to operate as payments aggregator
Business

PayU gets RBI’s in-principle nod to operate as payments aggregator

 Digital financial services provider PayU on Tuesday announced that it has received in-principle authorisation from the Reserve Bank of India…
RBI asks payment firms to report suspicious fund transfers during LS polls
Business

RBI asks payment firms to report suspicious fund transfers during LS polls

 The Reserve Bank of India (RBI) has asked non-bank payment system operators (PSOs), to track high-value or suspicious transactions through…
RBI’s decision on 3rd-party UPI apps to democratise wallet market: Experts
Technology

RBI’s decision on 3rd-party UPI apps to democratise wallet market: Experts

 Industry experts on Friday welcomed the move by the Reserve Bank of India (RBI) to permit the use of third-party…
RBI retains repo rate at 6.5 pc
Business

RBI retains repo rate at 6.5 pc

 Not belying the expectations of senior economists, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) retained the repo…
PM lauds RBI, says India must become financially ‘Atmanirbhar’ in 10 years
Business

PM lauds RBI, says India must become financially ‘Atmanirbhar’ in 10 years

Over the next 10 years, India must strive to become a ‘financially Atmanirbhar’ economy that is shielded from all global…
Paytm Payments Bank ban: Key changes come into effect post March 15
Business

Paytm Payments Bank ban: Key changes come into effect post March 15

As the Reserve Bank of India’s (RBI) deadline to ban Paytm Payments Bank Limited (PPBL) ends on Friday, here are…
Paytm shifts nodal account to Axis Bank: What does this mean?
Technology

Paytm shifts nodal account to Axis Bank: What does this mean?

In a bid to maintain seamless merchant settlements as before, financial services company Paytm has announced to shift its nodal…
RBI supports fintech sector, but customer interest is of prime importance: Guv Das
Business

RBI supports fintech sector, but customer interest is of prime importance: Guv Das

 The Governor of Reserve Bank of India (RBI), Shaktikanta Das, said on Monday that while the central bank is supportive…
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