Monday, April 12, 2021
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Tag: RBI

RBI Opens Up RTGS, NEFT For Payment System Operators

In a major move in the online payments segments, the Reserve Bank of India (RBI) has decided to allow payment system operators to take...

India Positions Itself As Desired Destination For Investment,Trade

India has already positioned itself and continues to enhance its attractiveness as a desired destination for investment and trade, according to the Doing Business...

Government To Shortly Announce Forensic Standards

The government will shortly announce forensic standards based on Institute of Chartered Accountants recommendations, the Ministry of Corporate Affairs will notify on the lines...

“Locker Management Vital For Cashless Economy, Frame Rules”, Says The Supreme Court of India

The Supreme Court on Friday said the present state of affairs on management on bank lockers is inadequate and muddled, and there is no...

Indian Dilemma About The Cryptocurrency

The Indian government is planning to ban all operations of cryptocurrencies in the country, except for a state-backed digital currency. The ban will be...

RBI Remains Committed To Take Further Important Measures To Support Economy

Reserve Bank Governor Shaktikanta Das on Saturday said that the central bank (RBI) remains committed to take any further necessary measures to support the...

Here Is Why, Higher Bank Credit May Not Always Lead To Higher Investment

An increase in credit from banks may not always lead to a rise in investments as largely anticipated, said an RBI working paper. The...

Foreign Fund Inflows to Strengthen Indian Rupee

Strong foreign fund inflows for domestic equity as well as bond markets are expected to strengthen the Indian rupee in the short run. "Rupee has...

PhonePe Restored to Normalcy After Service Outage

As the Yes Bank fiasco hit UPI-based transactions last week, PhonePe that was solely using Yes Bank's services worked overnight with the National Payments...

Here’s Some Light on Monetary Policy Under Transmission Mechanism

BY TAPONEEL MUKHERJEE The Reserve Bank of India decided to hold repo rates unchanged in its meeting on December 5, 2019. In this context, apart...

RBI Working With Regulators For Better Security Lending Products, Says DG

The Reserve Bank of India (RBI) is currently working with other financial sector regulators like Sebi, PFRDA and Irda to develop an interest rate...

RBI Extends the Deadline to Update KYC for PhonePe, Paytm

With the Reserve Bank of India (RBI) extending the deadline for mobile wallets to become fully Know Your Customer (KYC) compliant, people using PhonePe,...

RBI to Transfer Rs 1,76,051 Crore to Government

The RBI board accepted the recommendations of the Bimal Jalan committee and has decided to transfer Rs 1,76,051 crore to the government. This is...

Liquidity Stance Moved to Positive by RBI

The focus of monetary policy is now conclusively on ensuring better transmission. Towards this, for the first time in recent history the RBI has...

RBI to File Compliance Report on Whatsapp Payment Service

The Supreme Court has granted six weeks time to the Reserve Bank of India (RBI) to file a report whether WhatsApp had complied with...

RBI Won’t Hesitate on Steps for Financial Stability, Says Governor

Assuring the crisis-hit NBFC sector will be monitored, Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will not hesitate...

Demonetisation, Aadhaar Spurred Digital Payments Growth: RBI

After the demonetisation of Rs 500 and Rs 1000 notes in 2016 pushed digital payments, Aadhaar-enabled electronic know your customer (eKYC) resulted in an...

Share of e-Money in India’s Payment Systems Grew to 21.5%, Says RBI

Getting a leg-up from from the demonetisation of Rs 500 and Rs 1,000 notes in November 2016, the share of e-Money in India's payment systems grew...

RBI Removes NEFT, RTGS Payment Charges to Push Digital Transactions

In a bid to boost digital fund transfer systems, the Reserve Bank on Thursday said that it will remove charges levied on transactions conducted...

Global Monetary Policy Might Compel RBI To Augment Its Gold Reserves

Rising trade protectionist measures along with threat of a currency shock and dovish global monetary policy might compel India's central bank to augment its...

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Highly-Anticipated Upcoming Action Films From The South

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Pets Helped Children Manage Stress And Loneliness In The Pandemic

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Here’s How Grey Wolves Survived The Extinction At The Last Ice Age

Grey wolves which are among the largest predators to have survived the extinction at the end of the last ice age around 11,700 years...