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PayG Secures RBI Approval for Offline and Cross-Border Payment Aggregation
Updated : 2 months ago IST
Hyderabad (Telangana) [India], January 10: PayG, a leading homegrown payment gateway, is proud to announce that it has received approval from the Reserve Bank of India (RBI) to operate as an Offline and Cross-Border Payment Aggregator. With this approval, PayG has completed its full suite of
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Ensure digitalisation and innovations are aligned with fair outcomes for c
Updated : 2 months ago IST
Speaking on the usage of data, he mentioned that the RBI has undertaken several initiatives in the past to streamline the reporting mechanisms and improve the quality of data. He further mentioned that while we have made good use of this data, there is scope for more effective use of this
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Regulation works best when banks see supervisors as partners, not inspecto
Updated : 2 months ago IST
Talking about the RBI's actions on banks and other regulated entities, the governor said the purpose of enforcement actions undertaken by the Reserve Bank is generally not punitive.
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Delhi HC Division Bench stays single judge's order mandating human review
Updated : 2 months ago IST
The interim stay was granted during the hearing of an appeal filed by the RBI challenging the directions issued by the single judge. The matter has now been listed for further hearing on March 17.
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Select Committee on Jan Vishwas bill to give report in budget session of P
Updated : 2 months ago IST
The Select Committee on Jan Vishwas (Amendment of Provisions) Bill, 2025 interacted with representatives of Department of Commerce, Department of Financial Services and of Reserve Bank of India on Wednesday as part of its deliberations to systematically decriminalise minor offences across
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RBI proposes raising bank dividend payout cap to 75% of net profit
Updated : 2 months, 1 week ago IST
The Reserve Bank of India (RBI) proposes to raise the dividend payout cap for banks to 75 per cent of net profit from the earlier limit of 40 per cent.
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RBI invites comments on draft rules for dividend payout by banks
Updated : 2 months, 1 week ago IST
The Reserve Bank of India (RBI) has invited public comments on the draft "Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026", proposing a revised framework for declaration of dividends and remittance of profits by banks.
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India's 25,000 tonnes of household gold propping up economy, emerge as sho
Updated : 2 months, 1 week ago IST
India's household gold stockpile, which is estimated at around 25,000 tonnes, has quietly emerged as one of the country's most important macroeconomic shock absorbers, offering support to currency stability, financial resilience, and consumption at a time of global uncertainty.
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RBI has room for 50 bps rate cut in 2026 after 125 bps easing in 2025: Rep
Updated : 2 months, 1 week ago IST
The Reserve Bank of India still has room for a further 50 basis points (bps) cut in policy rates in 2026, following bumper rate cuts of 125 bps in 2025, according to a report by IIFL Capital.
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Historic financial reset for Delhi: Delhi Govt signs transformational MoU
Updated : 2 months, 1 week ago IST
In a historic and far-reaching reform that fundamentally reshapes Delhi's public financial management framework, the Government of NCT of Delhi on Monday signed a landmark Memorandum of Understanding (MoU) with the Reserve Bank of India. The agreement represents a decisive break from past
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Board of Payments Regulatory Board holds its first meet, reviews draft Pay
Updated : 2 months, 1 week ago IST
The Board reviewed the functions of the Department of Payment and Settlement Systems and current focus areas covering both domestic and global payment systems. The draft Payments Vision 2028 was presented, and Members gave strategic guidance to ensure the continued development of India's pay
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India retail inflation likely inched up to 1.66% in December as food price
Updated : 2 months, 1 week ago IST
Retail inflation in India has likely edged up in December 2025 to 1.66 per cent from 0.71 per cent in November, with food prices strengthening across most segments of the food inflation basket, according to projections made by Union Bank of India.
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