RBI joins ‘Project Nexus’ to enable instant cross-border retail payments
The Reserve Bank of India said it has joined “Project Nexus”, a multilateral international initiative to enable instant cross-border retail
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The Reserve Bank of India said it has joined “Project Nexus”, a multilateral international initiative to enable instant cross-border retail
Continue readingThe rapid growth of private credit, its increasing interconnectedness with banks and Non-Banking Financial Intermediaries (NBFIs) and opacity can create
Continue readingThe Reserve Bank of India, with the Government of India’s concurrence, has decided to put in place a revised framework
Continue reading‘Cyber incident’ means a cyber event that adversely affects the cyber security of an information asset whether resulting from malicious
Continue readingThe Reserve Bank of India (RBI) is exploring appropriate deposit insurance coverage for green deposits, climate risk based differential premiums
Continue readingMonetary Policy Committee (MPC) members Ashima Goyal and Jayant Varma proffered solid arguments for a 25 basis point repo rate
Continue readingWhile risk-based pricing is required, a cut in repo rate will prevent retail interest rates rising to unbearable levels, according
Continue readingResilient growth creates space for the monetary policy to focus unambiguously on inflation, which remains well above the 4 per
Continue readingIndia’s foreign exchange reserves jumped $4.307 billion to touch a new lifetime high of $655.817 billion during the week that
Continue readingThe Rupee ended almost flat on Wednesday despite robust dollar demand from corporates, especially oil companies, as RBI likely intervened
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