RBI: Page 5
RBI Hikes Repo Rate By 35 Bps; Industry Reacts
The apex bank maintained its 6.7 percent inflation forecast for the current fiscal year ending March while saying that the battle against inflation is not over yet
A Bumpy Start For RBI's e-Rupee
With its wholesale and retail pilots being live, will the central bank be able to create a loyal user base?
RBI Announces Four-Tiered Regulatory Framework For UCBs
The four-tiered regulatory framework, based on the size of deposits of UCBs, will come into force with immediate effect
Finance Ministry To Meet Bank Chiefs To Promote Cross-Border Trade In Rupee
The meeting will be chaired by financial services secretary Vivek Joshi and is also likely to see attendance from representatives of the Reserve Bank of India and Indian Banks' Association (IBA)
RBI's Retail e-Rupee Pilot to Kickstart on December 1
In its pursuit to popularize electronic alternate to currency, RBI sticks to its timeline for bringing Digital Rupee to the table
RBI Asks Paytm To Reapply For Payment Aggregator Licence
It is said that the company will not onboard new online merchants till the time approvals remain pending
RBI Governor Advises Banks To Remain Watchful Of Evolving Macroeconomic Situation
The governor said that despite challenges, the Indian banking sector has remained resilient and continued to improve in various performance parameters
RBI To Launch First Pilot Of Digital Rupee
As per reports the pilot for retail digital currency is likely to be launched this month
India Will Beat Germany To Become Fourth Largest Economy By 2026
The statement came weeks after the IMF forecast revealed that Germany and Italy will slip into recession next year
RBI To Improve Availability Of Digital Infra For Banking, Says Shaktikanta Das
The governor also said that the RBI issued the required guidelines after consulting the Indian Banks Association and other experts in the field, following the Union Budget 2022-23 announcement of setting up 75 digital banking units
RBI Allows ARCs To Acquire Bankrupt Firms
RBI has also raised the minimum capital requirement for setting up ARCs to INR 300 crore from existing INR 100 crore
Cryptocurrencies Poses Serious Challenge To Country's Financial Stability: RBI Note
The central bank also said that CBCDs are the next step in the evolutionary progression of sovereign currency
RBI Introduces Internal Ombudsman Mechanism For CICs
The central bank also introduced a new initiative DAKSH, the bank's advanced supervisory monitoring system, which is expected to make the supervisory processes more robust
Sebi Asks Brickwork Ratings To Shutdown Within 6 Months
The action was taken citing failure to exercise proper skill, care and diligence while discharging its duties as a credit rating agency
We Are Here To Support Innovation, RBI Governor To Fintechs
Shaktikanta Das also said that the need of the hour is to ensure assurance of safety after following a process of green-lighting and due diligence by the regulated entities