Credit growth jumps as year-end demand from companies soar
Reading Time: 2 minutes Bank credit rose to 8.7% compared to last year, with retail loans experiencing the sharpest jump, as per RBI’s latest
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RBI
RBI Extends Tokenization to All Consumer Devices
Reading Time: 2 minutes Last week, the Reserve Bank of India (RBI) expanded the scope of card payment tokenization to all consumer devices. The
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RBI Puts NUE Licenses on Hold
Reading Time: 2 minutes Last year, the Reserve Bank of India (RBI) had invited tech companies, startups, and other businesses to form New Umbrella
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Policy Rates Left Unchanged To Support A Hesitant Recovery: 10 Takeaways from the Monetary Policy Committee
Reading Time: 3 minutes In its biannual meeting held in August, the RBI’s Monetary Policy Committee (MPC) decided to keep key policy rates unchanged
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Central Bank Digital Currency in India: Phased introduction by end of 2021
Reading Time: 3 minutes The Reserve Bank of India (RBI) could release a model to implement a sovereign digital currency, the Central Bank
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Key Policy Rates: RBI to Maintain Status Quo
Reading Time: 3 minutes Amid fears of the COVID-19 pandemic’s impending third wave and rise in retail inflation, the Reserve Bank of India (RBI)
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RBI Keeps Repo Rates Unchanged. Here’s How It Impacts You As A Borrower
Reading Time: 3 minutes The Reserve Bank of India (RBI) held its bi-monthly monetary policy review on August 6, 2021. In the meeting, RBI
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Digital Payments Growth Rises to 30.2% in FY21
Reading Time: 2 minutes In the financial year that ended in March 2021, digital payments have recorded a growth of 30.19 percent, according to
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Debit & Credit Card Auto-payment: New Rule On Recurring Payments By The RBI
Reading Time: 3 minutes As per the new rules by the RBI, recurring or automatic payments using credit cards, debit cards, unified payments interface
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The New Umbrella Entity proposed by the RBI – Here’s all you need to know
Reading Time: 3 minutes The Unified Payments Interface (UPI) revolutionized the digital payment system. Since then, UPI and RuPay, both owned by the NPCI,
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