RBI: Page 6
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
Fintech Startup 1Pay Gets RBI Payment Aggregator License
The company offers Vendor payout system, B2B invoice collection system, e-governance, customized bill payment and BBPS
Cryptocurrencies Are Clear Danger, Says Shaktikanta Das
The RBI governor highlighted the growth of cyber risk along with the digitalization of financial system
RBI To Regulate Digital Lending Platforms, Says Shaktikanta Das
The RBI governor suggests that the customers of unregistered digital lending platforms should approach local police in case of any issue
Startup Founders Should Constantly Track Risks And Business Vulnerabilities, Says Shaktikanta Das
The RBI governor said businesses should avoid aggressive short-term reward-seeking culture
RBI Hikes Repo Rate By 50 Basis Points
The Monetary Policy Committee focuses on ensuring that inflation remains within the target range, while supporting growth
RBI Notifies Banks And ATMs To Provide Card-less Cash Withdrawal Facility
The apex bank proposed to allow interoperability in card-less cash withdrawal transactions at all banks and ATMs in its monetary policy review meeting held in April
RBI Slashes GDP Growth Rate To 9.5% For FY22; Key Interest Rates Unchanged
The central bank had earlier projected a GDP growth projection of 10.5 per cent
Multi-Pronged Regulations Answer To India's Crypto Problem, Not Blocking Transactions: Experts
It's high time the Indian government solved the regulatory labyrinth, as per industry stakeholders, in order to not just safeguard investor's money but also provide a clear direction to financial institutions
Empire Strikes Back: Banks Snap Ties With Crypto Exchange Platforms
The Reserve Bank of India in May last year, while responding to an RTI, said there is no prohibition on banks in providing accounts to traders dealing with cryptocurrencies
RBI Maintains Status Quo On Repo & Reverse Repo Rates
RBI governor Shaktikanta Das said the GDP growth is projected at 10.5 per cent for the next fiscal