RBI Directive: No Impact on Paytm Merchants February 4, 2024 BUSINESS·Economy·India News Paytm offers acquiring services to merchants in partnership with several leading banks in the country and will continue to expand third-party bank Read More
RBI’s Major Blow to Paytm February 2, 2024 BUSINESS·Economy·India News The action has been taken after a Comprehensive System Audit report and subsequent compliance validation report…reports Asian Lite News The RBI has Read More
RBI Holds Key Repo Rate at 6.5% October 23, 2023 BUSINESS·Economy·India News The MPC, in its policy review meeting, had retained the key repo rate at 6.5 percent, reiterating willingness to act against inflation….reports Asian Read More
RBI’s Forex Intervention as Rupee Gains Slightly October 1, 2023 BUSINESS·Tech Lite·TECHNOLOGY The forex kitty fell by as much as $2.3 billion during the week after having plunged by as much as $5.9 billion Read More
Most G20 members back RBI’s views on crypto July 25, 2023 -Top News·BUSINESS·India News Cryptocurrencies have financial and macroeconomic risks that will be appropriately evaluated by experts along with their recommendations to mitigate them before the Read More
RBI Governor meets World Bank President during G20 meet July 18, 2023 -Top News·India News Talking about private sector investment, Banga said that there is no easy answer to private sector capital…reports Asian Lite News Reserve Bank Read More
‘India has well-regulated and well-supervised banking sector’ March 19, 2023 BUSINESS Hormis was the founder of the Kerala-headquartered Federal Bank….reports Asian Lite News Reserve Bank of India Governor Shaktikanta Das on Friday gave Read More
CBUAE, RBI sign MoU to promote innovation March 16, 2023 -Top News·UAE NEWS Under the MoU, the two central banks will collaborate on various emerging areas of FinTech …reports Asian Lite News The Central Bank Read More
RBI extends UPI for inbound travellers from G20 nations February 22, 2023 -Top News·BUSINESS Travellers or non-resident Indians visiting India can now experience the convenience of UPI payments at over five crore merchant outlets across India, Read More
RBI to soon release digital currency October 10, 2022 BUSINESS The digital currency will be freely convertible against commercial bank money and cash. It will be a fungible legal tender for which Read More