Bengaluru (Karnataka) [India], January 13: Innoviti Technologies, India's leading payments-centric retail SaaS platform, has been granted a Certificate of Authorization by the Reserve Bank of India (RBI) to operate as a Payment Aggregator under the Payments and Settlement Systems Act, 2007.
The new system is designed to address post-quantum migration and evolving regulatory requirements, including the Indian IT Act and Reserve Bank of India cybersecurity guidelines.
Headline inflation in December 2025 increased by 62 basis points relative to November 2025. Inflation remained below the Reserve Bank of India's medium-term target of 4% for the 11th straight month.
India's foreign exchange reserves dropped sharply, by USD 9.809 billion in the week that ended January 2 to USD 686.801 billion, driven by a slump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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
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.
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
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
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.
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.
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.
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