To enhance the seamless usage of UPI Lite and in response to stakeholder feedback, a proposal is underway to integrate UPI Lite into the e-mandate framework
Read MoreThe food inflation is still above the normal limit and continuously posing a challenge to the deflation process of RBI
Read MoreThe decision comes amidst a backdrop of economic uncertainties both domestically and globally
Read MoreSBI Research anticipates that when the rate cut cycle does commence, it will likely be shallow
Read MoreThe RBI will continue managing liquidity through various operations to support market conditions, particularly in response to passive inflows from index inclusions
Read MoreThis essentially means 97.82 per cent of the total value of the high-value Rs 2,000 banknotes are back in the banking system
Read MoreThe RBI report further adds "Fast Payment System (FPS) collaboration with group of countries like EU and SAARC, as well as multilateral linkages will be explored".
Read MoreCybercrime is projected to cost the world around USD 17.65 trillion annually by 2025, with factors like anonymity and trans-border syndicates contributing to it
Read MoreThe RBI said in its annual report on 30 May that it has finalised a strategic plan for the financial year 2024-25
Read MoreSanjeev Sanyal, a noted economist and a member of the Economic Advisory Council to the Prime Minister of India, taking to X on Friday, wrote that India will now hold most of its gold in its vaults.
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