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UPI Lite wallets may be recharged automatically
The new feature will further enhance the ease of making small value digital payments
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Govt gets a Rs 2.1 lakh cr cheque from RBI
The windfall gain from RBI is expected to ease the fiscal deficit position of the government. The central government aims to contain the fiscal defici
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RBI governor at FIMMDA conference
RBI Governor asks domestic banks to do their part in global market with due diligence
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Only 15-20% Paytm users facing problem: Das
Almost 80-85% of Paytm wallet users will not face any disruption due to the action by the Reserve Bank of India on the Paytm Payments Bank (PPBL), R
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No room to review Paytm action: Das
Das said the RBI takes action against regulated entities only after a comprehensive assessment
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Paytm Payments Bank action due to non-compliance: Das
Das did not specify the shortcomings resulting in the RBI action, but made it clear that it is driven by a "lack of compliance" at Paytm
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RBI projects inflation at 4.5% in FY25
MPC noted that domestic economic activity is holding up well and is expected to be backed by the momentum in investment demand
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RBI won’t mirror Fed rate cuts next year, feel economists
The US central bank might have signaled three rates cuts in 2024 – that has also sent the Indian stock indices soaring to stratospheric levels – b
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For Q2 growth, cheer urban consumer
While economists expected a GDP growth rate of 6.5%, analysts are now hopeful that the curve might move closer to 7%
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SBI not worried over unsecured loans
Chairman Dinesh Khara said the loan book of unsecured loans in the bank is better than that of secured loans
