Search For "reserve bank of india"
PayG Secures RBI Approval for Offline and Cross-Border Payment Aggregation
Updated : 2 months, 1 week 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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Select Committee on Jan Vishwas bill to give report in budget session of P
Updated : 2 months, 2 weeks 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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Delhi HC issues notice on PIL alleging privacy violations by digital lendi
Updated : 2 months, 2 weeks ago IST
The Delhi High Court on Wednesday issued notice on a Public Interest Litigation (PIL) seeking coercive action against Regulated Entities (REs), Non-Banking Financial Companies (NBFCs) and Lending Service Providers (LSPs operating digital lending applications), allegedly found to be in bre
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RBI proposes raising bank dividend payout cap to 75% of net profit
Updated : 2 months, 2 weeks 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, 2 weeks 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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RBI has room for 50 bps rate cut in 2026 after 125 bps easing in 2025: Rep
Updated : 2 months, 2 weeks 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, 2 weeks 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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India's forex kitty nears fresh all-time high, rose by $3.3 billion in lat
Updated : 2 months, 2 weeks ago IST
India's foreign exchange reserves rose USD 3.293 billion in the week that ended December 26 to USD 696.610 billion, driven by a jump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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Directorate General of Foreign Trade issues details of interest subvention
Updated : 2 months, 3 weeks ago IST
The scheme is jointly implemented by DGFT and the Reserve Bank of India (RBI) and applies to both pre-shipment and post-shipment export credit in rupees. The interest subvention is benchmarked against repo rates of India and comparable economies.
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DFS Secretary chairs Inter-Departmental Committee meeting to consider fore
Updated : 2 months, 3 weeks ago IST
It was attended by member ministries or departments, i.e., the Ministry of Home Affairs (MHA), the Ministry of External Affairs (MEA), the Department of Commerce (DoC) and the Reserve Bank of India (RBI), according to an official release by the Ministry of Finance.
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Indian economy remains sound amid persistent global challenges: RBI
Updated : 2 months, 3 weeks ago IST
Benign inflation in India, fiscal consolidation, and prudent macroeconomic policies have enhanced economic resilience, the RBI report noted on Wednesday.
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RBI grants BRISKPE final PA authorisation under Cross-Border Inward & Outw
Updated : 2 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], December 30: BRISKPE, the Prosus-backed cross-border payments platform, today announced it has received the Reserve Bank of India's final authorisation to operate as a Payment Aggregator-Cross Border (PA-CB) under the Payment and Settlement Systems Act, 2007, en
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