Misri, while addressing a special briefing by the Ministry of External Affairs on Prime Minister's visit to Maldives said that Network-to-Network Agreement between India's NPCI International Payment Limited (NIPL) and Maldives Monetary Authority (MMA) on UPI in Maldives was signed.
This decision was made during a meeting of the chamber held on Tuesday, chaired by its patron-in-chief, Dr. Syed Nadeem Qamar. The attendees rejected the tax, asserting that it was enforced under the influence of the International Monetary Fund (IMF). Farmers present at the meeting contended
RBI Governor, Sanjay Malhotra in his address at the Financial Express BFSI Summit highlighted that the central bank's monetary policies are forward-looking and the Monetary Policy Committee of India (MPC) will focus more on outlook than current data.
New Delhi [India], July 24: Comviva, a global leader in digital transformation solutions, specializing in customer experience management, data monetization, and digital financial services, today announced the appointment of Manish Agrawal as President and Chief Operating Officer. This strate
India Ratings and Research (Ind-Ra) has slashed India's GDP projections for 2025-26 to 6.3 per cent, a 30 basis points lower than its earlier forecast of 6.6 per cent in December 2024.
Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, announced her return to Harvard after her historic leadership at the IMF.
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may go for another cut in the policy rate of 25 basis points (bps) in the upcoming August policy meeting, bringing it down to 5.25 per cent, according to a report by ICICI Bank.
Singapore, July 17: As stablecoins are poised to take centre stage in cross-border payments, a new study by MetaComp Pte Ltd (MetaComp), a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS), evaluates the effectiveness of leading on-chain Know-Your-Transactions (
Singapore/ Amsterdam [Netherlands], July 17: Coda, a global leader in digital content monetization headquartered in Singapore, today announced it has signed a definitive agreement to acquire Recharge, Europe's leading prepaid payments platform, headquartered in Amsterdam. The transaction bri
The Indian economy is showing signs of improving consumption demand in the first quarter of the financial year 2025-26 (Q1FY26), according to a recent report by Bank of Baroda.
As Indian savers increasingly explore mutual funds, pensions, and direct investments, among others, banks will need to leverage data science to understand depositor behavior and tailor their products, a Boston Consulting Group (BCG) study suggest.
With a 100 basis point repo rate cut by the Reserve Bank of India (RBI) since February, Credit offtake and deposit growth have cooled, noted a report by CareEdge.