RBI To Allow Small Finance Banks To Extend Credit Lines Through UPI

“Necessary guidelines will be issued shortly,” RBI governor Shaktikanta Das said. (Representational) Mumbai: The Reserve Bank…

Cryptocurrencies Are Huge Risks To Financial Stability, Says RBI Governor

RBI Governor said this during his appearance at the Peterson Institute for International Economics.(File) Washington: Cryptocurrencies…

What It Means For Your Monthly EMIs

RBI Monetary Policy: The repo rate is the interest rate at which the RBI lends money…

RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time

The Monetary Policy Committee had last changed the key interest rate in February 2023. New Delhi:…

PM Narendra Modi Says Policy Measures Taken To Boost Social Impact Of FinTech In India

Narendra Modi said the social transformation brought about by the fintech sector is far-reaching. Mumbai: Prime…

Rapid Rise In Derivatives Trading Could Pose Challenges For Investors: RBI

The ratio of premium turnover to cash market has remained steady over the last three years.…

RBI To Allow Opening Of Rupee Account Outside India

The Reserve Bank of India (RBI) on Thursday allowed the opening of rupee accounts outside India.…

RBI Lays Out Roadmap For Small Lenders To Achieve Universal Bank Status

Eligible small finance banks will have to provide a detailed rationale for the transition The Reserve…

RBI Plans Curbs On Suspect Bank Accounts To Fight Cyber Fraud: Report

About 4,000 fraudulent accounts are reportedly opened every day (Representational) New Delhi: India’s central bank plans…

Kotak Mahindra Bank Barred By RBI From Onboarding New Online Customers

The RBI said it has decided to place some curbs on the bank in the interest…