Search For "rbi"
RBI proposes alternative methods for authentication of digital payments, i
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechanisms to supplement the SMS-based OTP system for digital payment transactions.
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Digital technologies are widening gap between capital and labour returns:
Updated : 1 year, 7 months ago IST
Between 2013 and 2019, the financial sector saw a decrease in employees in support roles across many countries, with a concurrent rise in the number of professionals and technicians.
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Digitisation influences inflation through price-setting behaviour and mark
Updated : 1 year, 7 months ago IST
Digitalization is influencing price levels through direct and indirect channels. Under the direct channel, digitalization is feeding into lower inflation rates through a decline in the prices of ICT-related goods. This has been observed in the post-pandemic period across both hardware and so
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India's digital public infrastructure is transforming country's economic l
Updated : 1 year, 7 months ago IST
Built on principles of public good, open access, and regulatory fairness, India Stack has become a cornerstone in facilitating cost-effective and scalable service delivery, particularly benefiting marginalized segments of society.
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India accounts for nearly half of the global digital payments: RBI report
Updated : 1 year, 7 months ago IST
India holds 48.5 per cent share in the global real-time payments volume, according to the Reserve Bank of India (RBI) report released on Monday
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India's foreign exchange reserves surge to touch another peak of USD 670.8
Updated : 1 year, 8 months ago IST
In the week that ended on July 19, the foreign exchange kitty rose by USD 4.19 billion to USD 670.857 billion, official data from the Reserve Bank of India (RBI) showed on Friday.
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RBI unveils new corrective action framework for Urban Co-operative Banks
Updated : 1 year, 8 months ago IST
For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory action framework as an early intervention tool for bringing about desired improvements in those entities.
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RBI has proposed a higher liquidity coverage ratio for retail deposits
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding liquidity standards, as announced in the April monetary policy.
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Govt's timely interventions, RBI's measures helped maintain retail inflati
Updated : 1 year, 8 months ago IST
The global energy price index experienced a sharp decline in FY24. On the other hand, the Central Government announced price cuts for LPG, petrol, and diesel. As a result, retail fuel inflation stayed low in FY24, the Survey said.
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Fiscal consolidation with welfare measures, budget may see a mild increase
Updated : 1 year, 8 months ago IST
The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is likely to be disproportionately allocated towards the rural, farm, and welfare sectors, with a slight increase in capex.
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India's forex reserves hit record USD 666.85 Billion, driven by surging go
Updated : 1 year, 8 months ago IST
India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to data from the Reserve Bank of India (RBI).
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Microsoft outage brings essential services the world over to a standstill,
Updated : 1 year, 8 months ago IST
To a large extent, flight operations, banking services, financial services, and hospitals, among other key services, are disrupted globally due to an outage in Microsoft's cloud services. And India is not an exception.
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