Fintech startups like EnKash and PayMate are adapting to RBI's card payment ban by using the Bharat Connect platform, ...

Stress in secured loans reflects lingering concerns even after the central bank cracked down on unsecured lending frenzy ...

The Reserve Bank of India (RBI) is conducting tests of an ‘On Tap’ retail payment application within its Regulatory Sandbox (RS), marking a significant development in India’s digital payment ...

Of this, the intent for fund-raising through the automatic route amounted to $6.23 billion, while that via the approval route ...

The 25 basis point (bps) rate cut was met with nervousness as the markets fell on Friday. Indian 10-year benchmark bond yields spiked after the rate cut was announced. Yields spike when bond prices ...

SDF is a tool to absorb liquidity from commercial banks without giving government securities in return. It replaced the ...

External commercial borrowings by Indian corporations rose to $9.54 billion in December, sharply higher than $5.07 billion in ...

The Reserve Bank of India (RBI) has approved the voluntary amalgamation of two urban cooperative banks (UCBs).

The next policy review, scheduled in April, will assess the economic situation and could lead to another rate reduction or a ...

The Reserve Bank of India (RBI) has unveiled a comprehensive set of security initiatives for 2024 aimed at strengthening the digital banking and payments ecosystem in India. The measures build upon ...

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India's central bank cut interest rates on Friday for the first time in nearly five years. Central banks around the world cut interest rates last year. India maintained high rates due to lingering ...