RBI proposes alternative methods for authentication of digital

The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechanisms to...

India accounts for nearly 50 pc of global digital payments: RBI

India holds 48.5 per cent share in the global real-time payments volume, according to the Reserve Bank of India...

India's foreign exchange reserves surge to touch another peak

In the week that ended on July 19, the foreign exchange kitty rose by USD 4.19 billion to USD 670.857 billion,...

RBI has proposed a higher liquidity coverage ratio

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding liquidity...

India's forex reserves hit record USD 666.85 Billion

India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according...

India to triple its electronic production by 2025-26: RBI

India's electronic produce has surged to 3 per cent of GDP in 2023-24, highlighted the July 2024, monthly bulletin...

BWR approved by RBI for Bank Risk-Weighting Claims

Bengaluru (Karnataka) [India], July 16: The Reserve Bank of India (RBI) has permitted banks to use the ratings of...

Jio Financials gets RBI nod to become Core Investment Company

Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment...

RBI penalizes five banks, including PNB, for non-compliance

The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week...

India's foreign exchange reserves slightly off all-time highs

India's foreign exchange reserves declined by USD 1.713 billion to USD 651.997 billion during the week that ended...

RBI grants Payment Aggregator license to SabPaisa

New Delhi [India], July 3: SabPaisa (SRS Live Technologies Private Limited), a leading payment solutions provider,...

India, four ASEAN countries to create platform for online payment

As per a statement from the Reserve Bank of India (RBI), an agreement was signed by the BIS and the central banks of...