Reserve Bank of India (RBI) Archives - Page 9 of 27

India to Open UPI Payments for Foreign Tourists, Starting at Airports for Tourists from G20 Countries

NileshFebruary 8, 2023February 8, 2023

by NileshFebruary 8, 2023February 8, 202301906

The Reserve Bank of India (RBI) has proposed allowing foreign tourists to make merchant payments through the United Payments Interface (UPI) while in India. The...

BUSINESS

Reliance Retail Partners with Banks to Accept Digital Rupee

NileshFebruary 6, 2023February 6, 2023

by NileshFebruary 6, 2023February 6, 202301831

The digital rupee was first launched by the Reserve Bank of India (RBI) on December 1, 2022, on a pilot basis in retail markets in...

BUSINESS

RBI Sets 7.26% Coupon Rate for New 10-Year Benchmark Government Bond

NileshFebruary 3, 2023February 3, 2023

by NileshFebruary 3, 2023February 3, 202302304

The Reserve Bank of India (RBI) set a coupon rate of 7.26% on new 10-year benchmark government bonds due in 2033 on February 3, raising...

ECONOMY

Union Budget 2023: FM Retains Revised Estimate for FY23 Fiscal Deficit of 6.4% of GDP

NileshFebruary 1, 2023February 1, 2023

by NileshFebruary 1, 2023February 1, 202301575

Finance Minister Nirmala Sitharaman on February 1 pegged the government’s fiscal deficit for 2023-24 at 5.9% of gross domestic product (GDP), signalling the government’s intention...

BUSINESS

RBI Asks SBM Bank to Halt Transactions Under Remittance Scheme

NileshJanuary 24, 2023

by NileshJanuary 24, 202302918

On Monday, the Reserve Bank of India (RBI) directed SBM Bank’s Indian subsidiary to immediately halt all transactions under the Freedom to Send Money scheme....

BUSINESS

Bombay High Court Grants Relief to Yes Bank AT-1 Bondholders

NileshJanuary 21, 2023January 21, 2023

by NileshJanuary 21, 2023January 21, 202302500

On Friday, investors breathed a sigh of relief when the Bombay High Court quashed the Yes Bank administrator’s order to write down AT-1 bonds worth...

BUSINESS

Paytm Bank Gets RBI Approval to Operate as Bharat Bill Payment Operating Unit

NileshJanuary 16, 2023January 16, 2023

by NileshJanuary 16, 2023January 16, 202301782

On Monday, Paytm Payments Bank said it had received final approval from the Reserve Bank of India (RBI) to operate as the Bharat Bill Payment...

BUSINESS

RBI Asks PayU to Reapply for Payment Aggregator License

NileshJanuary 12, 2023January 12, 2023

by NileshJanuary 12, 2023January 12, 202301903

The Reserve Bank of India (RBI) has reportedly asked online payment gateway PayU India to reapply for its payment aggregator license. Due to the complex...

BUSINESS

BharatPe Gets RBI’s In-Principle Approval for Payment Aggregator Licence

NileshJanuary 11, 2023January 11, 2023

by NileshJanuary 11, 2023January 11, 202302126

Fintech firm BharatPe said on Tuesday it had received in-principle approval from the Reserve Bank of India (RBI) to operate as a payments aggregator. The...

BUSINESS

Customers Need not visit Bank for re-KYC, Says RBI

NileshJanuary 6, 2023January 6, 2023

by NileshJanuary 6, 2023January 6, 202302275

The Reserve Bank of India (RBI) has elucidated that self-declaration by clients through non-face-to-face frequencies will be satisfactory for implementing the re-know your customer course...

EquityPandit

Tag : Reserve Bank of India (RBI)

India to Open UPI Payments for Foreign Tourists, Starting at Airports for Tourists from G20 Countries

Reliance Retail Partners with Banks to Accept Digital Rupee

RBI Sets 7.26% Coupon Rate for New 10-Year Benchmark Government Bond

Union Budget 2023: FM Retains Revised Estimate for FY23 Fiscal Deficit of 6.4% of GDP

RBI Asks SBM Bank to Halt Transactions Under Remittance Scheme

Bombay High Court Grants Relief to Yes Bank AT-1 Bondholders

Paytm Bank Gets RBI Approval to Operate as Bharat Bill Payment Operating Unit

RBI Asks PayU to Reapply for Payment Aggregator License

BharatPe Gets RBI’s In-Principle Approval for Payment Aggregator Licence

Customers Need not visit Bank for re-KYC, Says RBI

EquityPandit