On December 30, RBI Governor Shaktikanta Das launched Utkarsh 2.0, the second phase of the central bank’s medium-term strategy to strengthen the regulatory regime. “Utkarsh...
On Wednesday, RBI Governor Shaktikanta Das will hold a meeting with CEOs of public sector banks to discuss the sustainability of slow deposit growth and...
On Tuesday, the Reserve Bank of India (RBI) launched UPI Lite for feature phones, allowing Indian users to enable offline transactions with minor restrictions. RBI...
India’s most valuable bank, HDFC Bank, is said to have raised $300 million in NRE deposits, 50 basis points above prevailing rates, people familiar with...
The Reserve Bank of India has allowed an immediate increase in the limit of e-mandate/standing instructions on credit/debit cards and Prepaid Payment Instruments (PPIs) from...