Showing results for "#Reserve Bank"
RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh
“The Unified Payments Interface (UPI) has a very large user base of 424 million individuals. There is, however, potential for further expansion of the...
Zomato to surrender RBI licence to operate as online payment...
14 May 2024 1:00 AMFood tech major Zomato on Monday said its subsidiary Zomato Payment Pvt Ltd (ZPPL) has decided to voluntarily surrender the certificate of...
Not activating counter-cyclical capital buffer, says RBI
24 April 2024 12:30 AMThe framework envisages the credit-to-GDP gap as the main indicator, which may be used in conjunction with other supplementary indicators.
Asian shares mixed as Fed's Powell rethinks rate cuts, yields jump
17 April 2024 2:51 AMThe New Zealand dollar gained 0.4% to $0.5902 after first-quarter inflation data showed domestically driven inflation was surprisingly strong. Markets...
RBI launches manufacturing cos survey, a key input for policy...
9 April 2024 8:30 PMThe Reserve Bank has been conducting the order books, inventories, and Capacity Utilisation Survey (OBICUS) of the manufacturing sector on a quarterly...
Rupee rises 9 paise to close at 83.44 against US dollar
4 April 2024 11:02 AMA weak US dollar against major crosses overseas also supported the domestic unit. However, elevated crude oil prices and sustained foreign fund...
DIGITA mandate is to curb cyber fraud
1 April 2024 12:15 AMThe proposed agency will enable verification of digital lending apps and maintain a public register of verified apps, sources said.
India's forex reserves rise by USD 140 million to hit fresh peak of...
30 March 2024 8:16 AMThis is the fifth consecutive week of a jump in the overall reserves. The kitty had increased by USD 6.396 billion to USD 642.492 billion in the...