RBI Aims To Expand UPI To 20 Countries By 2028-29: RBI’s Annual Report | Economy News

New Delhi: The Reserve Bank of India (RBI) and NPCI International Payments  (NIPL) plan to extend the Unified Payments Interface (UPI) to 20 countries by FY29, as per ANI report. The RBI Annual Report highlights efforts to expand the global presence of both UPI and RuPay. “In light of goals for Viksit Bharat 2047, the […]

ABHISEK RAJPUT

June 2, 2024

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Why RBI Imposes Monetary Penalty On Three Payment System Operators? Know Reason Here | Companies News

New Delhi: The Reserve Bank of India (RBI) has imposed monetary penalties on three Payment System Operators (PSOs) for failing to comply with KYC (Know Your Customer) requirements. These Payment System Operators include Manappuram Finance, Ola Financial Services, and Visa Worldwide. The central bank has fined Rs 41.50 lakh for Manappuram Finance, Ola Financial Services […]

ABHISEK RAJPUT

July 28, 2024

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Axis Bank Fined Rs 1.91 Crore, HDFC Bank Fined Rs 1 Crore By RBI On THESE Charges | Personal Finance News

New Delhi: Reserve Bank Of India (RBI) has imposed Rs 2.91 crore monetary penalty on Axis Bank Limited and HDFC Bank Limited over non-compliance of the central bank’s directives. “The Statutory Inspection for Supervisory Evaluation (ISE 2022) of the bank was conducted by RBI with reference to its financial position as on March 31, 2022. […]

ABHISEK RAJPUT

September 11, 2024

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TRAI Allots New 160 Mobile Phone Series To Key Financial Entities To Curb Spams | Technology News

New Delhi: The government has allocated 160 mobile phone series for making transactional and service voice calls for all entities regulated by RBI, SEBI, IRDAI and PFRDA in the first phase, in order to prevent the duping of citizens from the fraudsters. The Telecom Regulatory Authority of India (TRAI) met representatives from the Reserve Bank […]

ABHISEK RAJPUT

June 15, 2024

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Bank Holidays In August 2024: Are Banks Open Or Closed This Saturday August 10? Check Here | Personal Finance News

Bank Holidays In August 2024: In the busy corporate life, many individuals reserve their bank-related work for Saturdays. However, all super-busy individuals should note that banks are open only on the first, third, and fifth Saturdays of the month (if applicable). Banks are closed on the second and fourth Saturdays. Hence, today all banks are closed […]

ABHISEK RAJPUT

August 10, 2024

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Buddha Purnima Holiday: Banks To Remain Closed In THESE Cities & States On May 23 | Personal Finance News

New Delhi: Banks in certain states will remain closed for Buddha Purnima on May 23, Wednesday, as per the Reserve Bank of India’s (RBI) holiday list. This includes both private and public sector banks. However, even though the banks will be closed digital banking services will remain available in these states. Bank Holiday for Buddha […]

ABHISEK RAJPUT

May 22, 2024

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Budget 2024: Nirmala Sitharaman To Present Union Budget On July 23— Details Here | Personal Finance News

New Delhi: Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 on July 23, as announced by Parliamentary Affairs Minister Kiren Rijiju on Saturday. The Budget Session of Parliament will begin on July 22 and continue until August 12. “Hon’ble President of India, on the recommendation of the Government of India, has approved the […]

ABHISEK RAJPUT

July 6, 2024

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UPI Likely To Grow Further In Several Countries: RBI Governor | Economy News

New Delhi: Reserve Bank of India Governor Shaktikanta Das said he is optimistic that the Unified Payments Interface (UPI) will grow further in several countries. Das, who is on a five-day visit to the state, said UPI is already present in many countries through QR codes and the linkage of fast payment systems, and discussions […]

ABHISEK RAJPUT

August 31, 2024

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India’s Forex Reserves Decline USD 2 Billion And Come Off Record Highs | Markets News

New Delhi: India’s foreign exchange reserves declined a little over USD 2 billion in the week that ended on May 24, to come off from its all-time high it experienced a week prior. The reserves are now at USD 646.673 billion. In the previous week, the reserves rose for the third straight week, by USD […]

ABHISEK RAJPUT

June 2, 2024

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RBI Likely To Keep Interest Rate Unchanged At 6.5 Per Cent, Say Experts | Economy News

Mumbai: The Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic data before taking a call on a rate cut in line with expectations, experts said. The US Federal Reserve has decided to maintain a status quo on its interest rate […]

ABHISEK RAJPUT

August 4, 2024

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September 13-18 Bank Holiday List: Will Branches Will Be Closed For 6 Days In A Row? Here’s The State-Wise List | Personal Finance News

New Delhi: Will bank branches be closed for 6 days in a row from September 13 to September 18? The answer is a simple NO. Though banks will be closed between the above mentioned dates, not all states will observe the same regional festivities, and hence, banks will not be closed simultaneously in all the […]

ABHISEK RAJPUT

September 11, 2024

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Digital Currency Live Updates: भारत में आ गई डिजिटल करंसी, ऐसे करे इस्तेमाल | Crypto Vs Digital |RBI

भारतीय रिज़र्व बैंक (RBI) ने डिजिटल रुपया – थोक खंड (e₹-W) में नवंबर में डिजिटल रुपया (e₹) का पायलट लॉन्च शुरू किया। इस पायलट के लिए उपयोग का मामला सरकारी प्रतिभूतियों में द्वितीयक बाजार लेनदेन का निपटान है। पायलट में भाग लेने के लिए नौ बैंकों – भारतीय स्टेट बैंक, बैंक ऑफ बड़ौदा, यूनियन बैंक […]

bibhuti

November 4, 2022

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