RBI: Page 6
Inflation Management Cannot Be Singularly Left To RBI, Says Nirmala Sitharaman
The finance minister said that the word 'taming inflation' or the word 'keeping it within the tolerance limit', is an exercise of so many different activities and a majority of which is outside the monetary policy in today's circumstances
RBI Releases Alert List Of Illegal Forex Trading Platforms
RBI also warned the individuals that undertaking foreign exchange transactions for reasons other than those permitted under the Act or via unauthorized platforms would be liable to face legal action
T Rabi Sankar On RBI's Key Focus Areas For Financial Inclusion
Deputy governor of RBI said that RBI mainly focuses to scale the digital infrastructure while preserving the technical stability
NPCI Directs Payment Apps Not To Charge Platform Fee On BBPS
The reports said that government is likely to treat the unified payments interface (UPI) as public good in which customers do not required paying
RBI Lifts Ban On American Express
As per the RBI norms, American Express have been required to store Indian payment data locally since October 2018
Decoding RBI's Digital Lending Guidelines
With regulated digital platforms, more informed and smarter decisions could be made about getting digital credit
Government Is Not Considering Any Charges For UPI, Says Finance Ministry
The ministry also said that the concerns of the service providers for cost recovery have to be met through other means
Big Bang Privatization Can Do More Harm Than Good, Says RBI
The national council of applied economic research (NCAER), on the other hand, reportedly, said that all public sector banks, except the State Bank of India, should be privatized
RBI Releases Most Anticipated Digital Lending Guidelines
The new guidelines will be applicable to all the financial institutions that extend digital loans
RBI Increases Repo Rate: Here's How It Will Impact You
The central bank hiked repo rate by 50 basis points to 5.4 per cent
UPI Transactions Record 6 Billion Mark In July
PM Modi said this accomplishment indicates the collective resolve of the people of India to embrace new technologies and make the economy cleaner
Credit Cards Likely To Be Linked With UPI In Two Months
This comes in line after the announcement of RBI governor, Shaktikanta Das, on the allowing of linking the credit cards to UPI to facilitate payments
OPEN's Cross-Border Payments Products Get Nod From RBI
RBI, in its statement, described OPEN's product as a blockchain-based cross-border system, leveraging the current infrastructure and ensuring frictionless and tamperproof monitoring capabilities
Cashfree Payments Receives RBI Nod For Cross Border Payments Product
The products will enable Indian fintech companies to offer the purchase of shares, exchange-traded funds units and other assets listed on foreign exchanges via UPI or net banking as a feature to Indian investors
Regulation Or Ban Of Cryptocurrencies Require Global Collaboration, Says Nirmala Sitharaman
The finance minister said that any legislation for regulation or for banning can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards