RBI highlighted several key factors contributing to this positive trend, including enhanced provisioning for bad loans, sustained capital adequacy, and increased profitability.
Read More
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 More
The food inflation is still above the normal limit and continuously posing a challenge to the deflation process of RBI
Read More
SBI Research anticipates that when the rate cut cycle does commence, it will likely be shallow
Read More
This 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 More
The 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 More
The RBI said in its annual report on 30 May that it has finalised a strategic plan for the financial year 2024-25
Read More
Sanjeev 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.
Read More
According to RBI, this initiative, initially introduced as a draft on January 15, 2024, has now been refined based on feedback from various stakeholders.
Read More
The report says that the majority of frauds in terms of the number have occurred in the digital payments category (card/internet), while in terms of value, they have primarily been reported in the loan portfolio
Read More
