The Reserve Bank of India (RBI) is looking at a phased implementation strategy to unveil the central bank digital currency (CBDC).
Oct 09, 2022
Minister Sriramulu stated that they are receiving complaints against the cab aggregators every year. "They are supposed to give service and comfort to the customers. There are also some technical issues involved," he said.
Oct 09, 2022
The Associate will help RBI officials in preparing briefs/issue notes/concept notes, themes and key priorities in various areas of India’s upcoming G20 Presidency.
Oct 08, 2022
In its monetary policy announcement dated September 30, the country's central bank RBI raised the repo rate by 50 basis points to 5.90% to combat inflation.
Oct 04, 2022
The Reserve Bank of India hiked its key policy rates, which would in turn result in credit getting costlier in the country.
Sep 30, 2022
The Reserve Bank of India (RBI) on Friday announced an increase in the policy repo rate by 50 basis points to 5.9% with immediate effect. RBI Governor Shaktikanta Das made the announcement.
Sep 30, 2022
The RBI has expended around $80 billion -- about 15 per cent of reserves -- moderating the rupee fall and that was the apt policy choice then.
Sep 23, 2022
The Reserve Bank of India (RBI) on Thursday directed Mahindra & Mahindra Services Ltd, Mumbai (MMFSL), to immediately cease carrying out any recovery or repossession activity through outsourcing arrangements, till further orders.
Sep 22, 2022
The Reserve Bank of India (RBI) is ready to bring its card-on-file tokenisation norms into effect from October 1 after various complaints were filed regarding the misuse of debit or credit cards.
Sep 17, 2022
With inflation remaining beyond the RBI's tolerance level of 6 per cent for the past eight months, the central bank has noted that this underscores the need for the monetary policy to keep second order effects contained and inflation expectations firmly anchored.
Sep 16, 2022
The RBI has lifted the repo rate by 140 basis points and surplus liquidity has fallen significantly (now $19.1 billion from $89 billion in January 2022), pushing the weighted average call rate to 5 per cent from 3.5 per cent in April.
Sep 16, 2022
The company has an annual transaction value of Rs 150,000 crore and a volume of over 10 crore transactions across India.
Sep 05, 2022
American Express is a payment system operator authorised to operate card networks in the country under the Payment and Settlement Systems Act, 2007.
Aug 24, 2022
The minutes of the August 22 Monetary Policy Committee of the RBI highlights that inflation continues to remain the key concern for the MPC members despite a deceleration in the overall price momentum after a peak of 7.8 per cent recorded in April, Acuite Ratings said in a note.
Aug 23, 2022
Attending Azadi Ki Amrit Mahotsav programme in Bhubaneswar, Patra said, “India will become the second largest economy in the world not by 2048 as predicted earlier, but by 2031.
Aug 13, 2022
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