Tag: RBI

RNFI Services Ltd has received crucial in-principle authorisation from the Reserve Bank of India to operate as a Payment Aggregator – Physical, significantly expanding its financial infrastructure and digital ...

India's foreign exchange reserves have soared to an unprecedented $740.8 billion, marking a new all-time high, as the Reserve Bank of India's strategic forex swap initiatives continue to bolster ...

The Reserve Bank of India net bought $561 million in June, marking its first net purchase since February, as strategic measures by the RBI and government aimed at attracting ...

Paytm reassures users that the Reserve Bank of India's action against Paytm Payments Bank Limited will not impact its services or financial stability, as the two operate independently.IMAGE: Photograph: ...

The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank, citing concerns over the bank's management and conduct being detrimental to depositors and public interest, ...

India's foreign exchange reserves have surged by $2.36 billion to $703.31 billion for the week ended April 17, demonstrating resilience amidst global economic fluctuations and geopolitical tensions. Photograph: Florence ...

The Reserve Bank of India's Monetary Policy Committee (MPC) opted to maintain the status quo on interest rates, with minutes revealing that the West Asia crisis and its potential ...

The Indian rupee weakened against the US dollar as investors brace for the RBI's monetary policy decision and monitor escalating tensions surrounding the Strait of Hormuz. Illustration: Dominic Xavier/Rediff ...

Indian stock markets are set for a volatile week as investors keenly await the Reserve Bank of India's monetary policy decision, navigate global macroeconomic data, and monitor the evolving ...

The Indian government has extended the RBI's inflation target of 4% until 2031, reinforcing its commitment to price stability and economic growth. Illustration: Uttam Ghosh Key Points The Indian ...