In the calendar year 2023, the country witnessed the inclusion of 16.71 million new credit cards, marking a significant upswing from the 12.24 million
CBDC is being issued in the same denominations as the paper currency and coins and is being distributed through banks
While the bank's profit exceeded market expectations, the Net Interest Income (NII), representing the pure interest income figures, disappointed
Das said that instruments that lack any underlying value pose big risks for emerging market economies
RBI said that fintech companies should set up a self-regulatory organisation which will work towards ensuring statutory and regulatory compliance for
India achieved a prominent decline in multidimensional poverty index since 2013-14. While the index stood at 29.17% in 2013-14 it declined to 11.28% i
State-owned NHAI on Monday said FASTags with valid balance but with incomplete KYC will get deactivated by banks post January 31, 2024. To enhance eff
RBI data showed bank deposits reached Rs 200.8 lakh crore as of December 29, 2023, marking a rise of 13.2% from the corresponding period a year earlie
Indians can now receive remittances from Singapore directly into their bank accounts on real-time basis through major UPI and bank apps, like SBI, Axi
The Reserve Bank on Monday came out with comprehensive guidelines on unclaimed deposits under which banks will be required to undertake special drives