Tag: rbi
DPIP: RBI’s AI tool to detect fraud in real time
Mumbai: The central bank’s upcoming Digital Payments Intelligence Platform (DPIP) would harness AI to detect and prevent payment frauds in real time, officials aware of…
India could withstand external shocks due to strong domestic demand and economic policies: Shaktikanta Das
Pune: India is poised to contribute about one-fifth of the world’s GDP growth on the back of robust domestic demand and prudent macroeconomic and financial…
Reforms, macro policies make India’s economy resilient: Shaktikanta Das
Structural reforms, along with prudent macroeconomic and financial sector policies, have imparted resilience and vibrancy to the Indian economy, allowing it to withstand external shocks,…
In Graphics: Post-dated clearing of cheques is history
The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving ef ciency, is facing glitches, with some customers complaining about delays. ET…
RBI plans to repeal 9,000 circulars by consolidating regulations
The Reserve Bank of India (RBI) on Friday proposed to repeal about 9,000 circulars to reduce the regulatory burden and compliance costs, apart from timely…
RBI’S real-time move: Glitches mar new cheque clearance system
Mumbai|Kolkata: The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving efficiency, is facing glitches with some customers complaining about delays arising…
Reserve Bank of India rejigs portfolios of deputy governors
The Reserve Bank on Thursday rejigged portfolios of the four deputy governors and distributed its 32 departments among them. Shirish Chandra Murmu, who took charge…
House Price Index up 3.6% annually in Q1: RBI
All-India House Price Index (HPI) based on transaction-level data of 18 major cities increased by 3.6 percent year-on-year in the first quarter of the current…
RBI ready to do heavy lifting on loan risk weights
Mumbai: In a move aimed at encouraging disciplined credit behaviour and freeing up more capital for banks to lend, the Reserve Bank of India has…
RBI unveils four digital payments initiatives
Mumbai: The RBI launched four digital payments initiatives for customer convenience at Global Fintech Fest. The regulator launched AI based UPI HELP which provides assistance…