RBI issues framework for fintech sector self-regulation
Mumbai The RBI has issued the final framework for self-regulatory organisations (SRO) in the fintech sector, which indicates that the
Continue reading
Tag: RBI
RBI moves 100 tonnes of gold back home amid global uncertainty
The RBI decision to bring back 100 tonnes of gold reserves from the UK to India reflects the confidence of
Continue reading
RBI’s VRR auction sees huge response again as banks look for liquidity
The variable rate repo (VRR) auction by the Reserve Bank of India (RBI) witnessed an overwhelming response from banks, highlighting
Continue reading
RBI’s G-Sec buyback offers in May see tepid response
The Reserve Bank of India (RBI) has received a tepid response to its government bond buyback offers throughout May, highlighting
Continue reading
RBI, NPCI to start work on expanding UPI to 20 countries by FY29
The Reserve Bank of India, along with NPCI International Payments (NIPL), will in FY25 begin work towards taking UPI to 20 countries
Continue reading
Millet production stagnates in India: RBI annual report
India grapples with stagnation in both acreage and production of millets, according to Reserve Bank of India’s annual report for
Continue reading
Banks reported sharp increase in number of frauds in FY24
Public sector banks and private sector banks have reported a sharp increase in the number of frauds in FY24 even
Continue reading
IDBI Bank privatisation further delayed with Concor and Hindustan Zinc
Strategic disinvestment of IDBI Bank may be further delayed as RBI is yet to examine ‘fit and proper’ criterion for
Continue reading
RBI to expand scope of public tech credit platform
The RBI is in the process of expanding the scope and coverage of the public tech platform for frictionless credit
Continue reading
Allow NBFCs to access UPI payments platform: FIDC urges Finmin
The Finance Industry Development Council (FIDC) has suggested allowing non-banking finance companies (NBFCs) membership in the Unified Payment Interface (UPI)
Continue reading