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China, Russia had reservations on Bali Leaders' Declaration, that's why we
Updated : 3 years, 4 months ago IST
During the press conference held jointly by the finance ministry and the Reserve Bank of India on the G20 Presidency and the outcome of the G20 meeting, the finance minister said, "Indian Presidency got strong support for all our priorities. I am grateful to the US Secretary Janet Yellen
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CBI registers FIR against Spectra Motors for causing loss of Rs 33 cr to b
Updated : 3 years, 4 months ago IST
The Central Bureau of Investigation (CBI) on Friday registered a case against a private company and others including its Directors and others on the allegations of causing a loss of Rs 33.12 crore to the Bank of India.
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Paytm brings lightning-fast UPI payments that never fail
Updated : 3 years, 4 months ago IST
Paytm UPI LITE aims to make digital payments more accessible to people across the country. UPI LITE, enabled by National Payments Corporation of India (NPCI), aids users to carry out multiple small value UPI transactions without using a PIN.
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Reserve Bank of India and National Payments Corporation of India launch UP
Updated : 3 years, 4 months ago IST
Bengaluru (Karnataka) [India], February 24 (ANI/BusinessWire India): RBI's Deputy Governor (Rabi Sankar), Chief General Manager (P. Vasudevan), Nandan Nilekani and NPCI's MD & CEO (Dilip Asbe) have launched 'UPI One World' for foreign nationals visiting India. The launch was conducted
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Repo Rate hike by RBI: Developers expect stability
Updated : 3 years, 4 months ago IST
Delhi-NCR [India], February 21 (ANI/NewsVoir): The Reserve Bank of India (RBI) has announced a repo rate hike of 25 basis points taking the total interest rate to 6.5 per cent. The RBI's decision to raise the rate was driven by concerns about inflation. However, the developers feel that RBI
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DBS, Liquid Group are Singapore participants in cross-border transactions:
Updated : 3 years, 4 months ago IST
The statement from MAS said Liquid Group is the first non-bank financial institution to participate in Singapore's cross-border real-time payment system linkage via its LiquidPay e-wallet.
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In a first, India links online payment systems for seamless cross-border t
Updated : 3 years, 4 months ago IST
In what is a first-of-its-kind collaboration with another country, India and Singapore on Tuesday linked their respective online payments systems -- Unified Payments Interface (UPI) of India and PayNow of Singapore -- for seamless cross-border transactions between the two countries.
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PMs of India, Singapore to witness the launch of real-time payment systems
Updated : 3 years, 4 months ago IST
Reserve Bank of India Governor Shaktikanta Das and Monetary Authority of Singapore Managing Director Ravi Menon will launch the cross-border connectivity.
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Paytm Payments Bank becomes first to launch UPI LITE feature
Updated : 3 years, 4 months ago IST
Designed by the National Payments Corporation of India (NPCI), UPI LITE was launched by the Reserve Bank of India in September 2022. It also de-clutters the bank passbook of small value transactions, as these payments would now only show in the Paytm balance and history section, and not in t
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Sensex snaps losing run, gains 283 points in morning trade
Updated : 3 years, 4 months ago IST
BSE Sensex went up 283 points to 60,714.56 and Nifty gained 66 points to 17,837.25 on Tuesday morning.
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Sitharaman address RBI Board, highlights thrust areas of Budget
Updated : 3 years, 5 months ago IST
Complimenting the Finance Minister on the Budget, the Board members made a few suggestions for consideration of the government
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RBI wants opinion of stakeholders whenever there is policy announcement: G
Updated : 3 years, 5 months ago IST
The Governor was speaking at a joint conference of the central bank and the Finance Ministry held after the address of Finance Minister Nirmala Sitharaman to the Central Board of Directors of RBI in the customary post-Budget meeting on Saturday.
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