Tag: rbi
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…
RBI launches digital currency retail sandbox
The Reserve Bank of India (RBI) on Wednesday launched a retail sandbox for its central bank digital currency (CBDC), allowing fintech firms to build and…
RBI readies unified interface, work on digital onboarding standards underway: Sanjay Malhotra
Reserve Bank of India Governor Sanjay Malhotra, while speaking at the Global Fintech Fest 2025, said the central bank has conceptualized a Unified Market Interface…
Bharat Connect gets linked with FX-Retail platform; enables customers to buy USD
The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US…
India’s services growth eases in September as demand cools, PMI shows
Growth in India’s services sector cooled in September due to weaker overseas orders, yet it remained strong and optimism improved, a survey showed. The HSBC…
Robust consumption bulwark against external shocks: FM Sitharaman
New Delhi: Finance minister Nirmala Sitharaman Friday said India’s economic growth is firmly anchored in robust domestic consumption that blunts the impact of external shocks,…
Growth Uncapped: NBFCs can tap a billion dollars or more in ECBs
MUMBAI: The Reserve Bank of India’s (RBI) proposed relaxation on foreign currency borrowing is expected to boost the prospects of well rated non-bank finance companies…
India anchor of stability in volatile world: RBI governor Sanjay Malhotra
New Delhi: India stands out as an “anchor of stability in a volatile world,” RBI governor Sanjay Malhotra said on Friday, citing resilient growth and…
RBI tweaks related party lending rules, unveils ‘unified’ framework
MUMBAI: The Reserve Bank of India (RBI) has expanded the related party transaction guidelines to include promoters, key management persons (KMPs), shareholders with equity of…