Rupee skids sharply before RBI applies the brakes
On Friday, the rupee experienced its steepest decline to date, reaching an all-time low of 85.53 against the US dollar, ...
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PPI interoperability: How RBI’s new UPI rule set to ease digital payments? An explainer
The Reserve Bank of India (RBI) recently allowed the users of prepaid payment instruments (PPIs) to access UPI services via ...
RBI Announces New Rules, Wallet Users & PPIs Can Now Use UPI Through 3rd Party Apps; Details Here
The Reserve Bank of India (RBI) has announced a policy change. Effective December 27, the new regulation enables holders of ...
Rupee hits new low as RBI’s forward strategy stir markets
Indian Rupee hits record low at 85.81 per dollar, driven by RBI actions, market activity, and speculation, experts say.
RBI approves PPI holders to make UPI payments via third-party apps
RBI allows PPI users to use UPI payments via third-party apps, enhancing interoperability and convenience for digital ...
RBI Announces ‘FREE-AI’ Committee To Ensure Ethical AI In Finance
The Reserve Bank of India (RBI) has announced the creation of an eight-member committee to develop a framework for the ...
8-fold surge in bank fraud cases at Rs 21,367 crore in 1st half this fiscal: RBI
The report further stated that private sector banks reported 67.1 per cent of all fraud cases, while public sector banks ...
UPI Rule Change: Pay Anywhere Using Any App As RBI Enables THIS Feature
The RBI has allowed fully KYC-compliant Prepaid Payment Instruments (PPIs) to conduct UPI transactions via third-party apps, ...
Climate change risks impacting financial system, need India-specific data: RBI's Rajeshwar Rao
Over the last few years, we have taken several incremental measures in this direction. It started with the setting up a dedicated group within the Bank to assess climate change risks and foster a ...
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A year of reckoning for Indian fintech startups as RBI tightens the rules
The Reserve Bank of India spearheaded significant regulatory actions in 2024, addressing fraud, compliance lapses, and ...
CAD moderates marginally to 1.2% of GDP in Q2: RBI data
India's current account deficit (CAD) moderated marginally to $11.2 billion or 1.2% of GDP year-on-year in the July-September ...
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RBI governor Singh would browse books during lunch hour, recalls ex-employee of `Strand'
Mumbai, Once or twice a month, the then Governor of the Reserve Bank of India would walk to Mumbai's famous Strand Book Stall ...