Search For "reserve bank"
Worldline ePayments India gets RBI's in-principle nod to act as payment ag
Updated : 3 years, 3 months ago IST
Digital payments services platform Worldline ePayments India on Wednesday said it has received in-principle approval from the Reserve Bank of India to act as a payment aggregator (PA).
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Premature pause in monetary policy action would be costly error: RBI Gover
Updated : 3 years, 3 months ago IST
Raising interest rates typically cool demand in the economy, thereby putting a brake on inflation.
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Inflation in India down but 'certainly not out': RBI monthly bulletin
Updated : 3 years, 3 months ago IST
Inflation in India has moderated recently but it is "certainly not out", said the Reserve Bank of India's monthly bulletin released on Tuesday, adding that the price rise has "broadened and become stubborn".
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India's forex reserves up for 5th consecutive week
Updated : 3 years, 3 months ago IST
India's foreign exchange reserves during the week that ended on December 9 rose by USD 2.91 billion to USD 564.07 billion. Notably, this is the fifth consecutive week of India's rising foreign exchange reserves.
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Efforts taken to ensure people not cheated by "dubious" Chinese loan apps:
Updated : 3 years, 3 months ago IST
Union finance minister Nirmala Sitharaman on Friday, while participating in the Zero Hour session in the Rajya Sabha, said the Reserve Bank of India and various central government ministries are making efforts to ensure people are not cheated by "dubious" Chinese loan apps.
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Razorpay abides by RBI advisory to pause onboarding online merchants; comp
Updated : 3 years, 3 months ago IST
The Reserve Bank of India has suggested that fintech solutions firm Razorpay temporarily pause onboarding fresh merchants and the central bank has asked it to share additional details for the finalization of the payment aggregator and payment gateway licensing.
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Raghuram Rajan says, "We will be lucky if we get 5 per cent growth next ye
Updated : 3 years, 3 months ago IST
While talking with Congress leader Rahul Gandhi, the former governor of the Reserve Bank of India said, "India is also going to be hit. India's interest rates have also gone up but Indian exports have been slowing quite a bit."
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RBI Governor interacts with FinTechs and industry associations
Updated : 3 years, 3 months ago IST
In his introductory remarks, the RBI Governor stated that FinTech initiatives and start-ups are important segments of aspirational India.
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No Rs 2,000 notes printed from 2018-19, govt tells Parliament
Updated : 3 years, 3 months ago IST
The printing of banknotes of particular denominations is decided by the government in consultation with the Reserve Bank of India (RBI).
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Central bank deputies discuss globally-coordinated approach to unbacked cr
Updated : 3 years, 3 months ago IST
The Ministry of Finance and the Reserve Bank of India jointly hosted the three-day gathering, with discussions on the "Finance Track" agenda under India's G20 Presidency. Day 1 saw different sessions on global economy, international financial architecture, infrastructure and sustainable fina
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RBI report on inflation mandate failure cannot be made made public, govern
Updated : 3 years, 3 months ago IST
Union minister of state in the ministry of finance Pankaj Chaudhary on Monday informed Lok Sabha that the relevant section of the RBI Act, 1934, does not provide provisions to the Reserve Bank of India for making the report, which was written to the Centre after having failed to fulfil its i
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Bringing efficiency in cross-border payments among motivations behind whol
Updated : 3 years, 3 months ago IST
Bringing efficiency in cross-border payments is another important motivation for introducing Central Bank Digital Currency in the wholesale segment.
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