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RBI aims to globalise UPI and RuPay: Shaktikanta Das

RBI aims to globalise UPI and RuPay: Shaktikanta Das

Speaking at Global Fintech Fest 2024, the governor said the RBI’s focus is on financial inclusion, deepening digital public infrastructure (DPI), consumer protection and cyber security, sustainable finance and global integration of financial services

29 August,2024 07:18 AM IST | Mumbai | Agencies
RBI holds rates steady for ninth time in a row

RBI holds rates steady for ninth time in a row

Four out of the six members of MPC voted in favour of the rate decision

09 August,2024 07:15 AM IST | Mumbai | Agencies
RBI announces key policy changes for digital lending, payment systems

RBI announces key policy changes for digital lending, payment systems

The changes focus on enhancing transparency, updating credit information more frequently, and expanding payment options

08 August,2024 06:19 PM IST | Mumbai | mid-day online correspondent
RBI keeps repo rate unchanged at 6.5 percent for ninth consecutive time

RBI keeps repo rate unchanged at 6.5 percent for ninth consecutive time

In a move reflecting its cautious approach amid ongoing economic uncertainties, the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5 percent. This marks the ninth consecutive time the central bank has opted for stability in its monetary policy

08 August,2024 11:10 AM IST | Mumbai | mid-day online correspondent
With indexation gone, is investing in property still profitable?

Mid-Day Premium With indexation gone, is investing in property still profitable?

The new reforms in the budget will pose a domino effect on the property market, argue experts. Here is how it will impact property prices, loans and housing demand among Indians

27 July,2024 09:55 AM IST | Mumbai | Ainie Rizvi
Why you need to explore these museums in Maharashtra

Why you need to explore these museums in Maharashtra

With an earthquake memorial museum in Gujarat up for an international award, we look at a few museums in Maharashtra that are deserving of more attention too—from a Ratnagiri palace turned prison for a king to an homage to Mumbai’s transport history

07 July,2024 07:50 AM IST | Mumbai | Debjani Paul
UPI transactions surge 49 per cent YoY at 13.89 billion in June

UPI transactions surge 49 per cent YoY at 13.89 billion in June

UPI-based transactions reached 13.89 billion in June, surging 49 per cent on a year-on-year (YoY) basis

02 July,2024 11:21 AM IST | New Delhi | IANS
Is RBI's digital payments intelligence platform future of secure transactions?

Mid-Day Premium Is RBI's digital payments intelligence platform future of secure transactions?

RBI is proposing regulatory measures to strengthen digital payments; the new platform aims to enhance security for customers, banks & financial entities however it's unclear how it will benefit financial organisations and customers.

28 June,2024 10:57 AM IST | Mumbai | Krishna Prasad
Rupee falls 6 paise to 83.54 against US Dollar in early trade

Rupee falls 6 paise to 83.54 against US Dollar in early trade

At the interbank foreign currency market, the rupee began at 83.52 and fell to 83.54 against the dollar, a 6-paise reduction from its previous closing level.

13 June,2024 10:07 AM IST | Mumbai | mid-day online correspondent
RBI Governor announces monetary policy, repo rate unchanged at 6.5 pc

RBI Governor announces monetary policy, repo rate unchanged at 6.5 pc

Governor Shaktikanta Das announced the second bi-monthly monetary policy for the financial year 2024-25 at 10 am on Friday. The RBI's repo rate, is currently held at 6.50 per cent, unchanged since February 2023.

07 June,2024 11:43 AM IST | Mumbai | mid-day online correspondent

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