Showing results for "#Reserve Bank"
RBI lowers FY26 inflation projection to 4 pc
On the back of a strong seasonal correction in vegetable prices this year, food inflation dropped to a 21-month low of 3.8 per cent in February.
RBI permits UPI transactions via prepaid payment instruments using...
27 Dec 2024It has been decided to enable Unified Payments Interface (UPI) payments from/to full-KYC prepaid payment instruments (PPIs) through third-party UPI...
Madras High Court turns down Sasikala's plea in FERA case, directs ED...
13 Dec 2024A division bench of Justice SM Subramaniam and Justice M Jothiraman directed the trial court to proceed with the hearing in the main case.
UPI Lite: RBI raises limit of wallet to Rs 5,000, per transaction to...
4 Dec 2024UPI Lite transactions are offline to the extent that Additional Factor of Authentication (AFA) is not required, and transaction alerts are not sent in...
RBI revokes authorisation certificate of UAE Exchange Centre
25 Oct 2024The RBI said the CoA of the payment system operator has been revoked for non-compliance with regulatory requirements.
Rupee trades in narrow range against US dollar in early trade
9 Sept 2024Forex traders said easing crude oil prices and overall weakness in the dollar index supported the rupee, but the Reserve Bank's active intervention...
RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh
8 Aug 2024“The Unified Payments Interface (UPI) has a very large user base of 424 million individuals. There is, however, potential for further expansion of the...
RBI to be positioned as model for Global South: Shaktikanta Das
20 Jun 2024"We now look at the sustainability of business models of banks and NBFCs. Root cause analysis of problems and vulnerabilities is undertaken. Advance...