The perils of overestimating and underestimating capex projectionsStates have been significantly overestimating CSS receipts. CSSs are typically co-financed by the Centre and the states, and the central gr...
Fintech firms will soon process NEFT, RTGS paymentsRBI also proposes making all mobile wallets compatible and letting users withdraw cash at ATMs using them
As Das tries out Sparos Effect, new challenge lurks on horizonOne challenge that RBI might have to face in FY22 is the movement in exchange rate. Increasingly, the current scenario reminds us of the 20...
Decoding RBI's new digital payments moves and their impact on fintech ecosystemThe central bank governor Shaktikanta Das in his Monetary Policy Committee (MPC) address said that fintech companies such as prepaid instru...
RBI to mandate interoperability among prepaid payments instruments: Shaktikanta DasGovernor Shaktikanta Das on Wednesday said prepaid payments instruments (PPIs) were given the option to become interoperable, wherein custo...
RBI to set up panel to undertake comprehensive review of ARCsAfter enactment of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act in 2002, r...
You can soon send money using NEFT, RTGS via a non-bank entityThe central bank has announced that it will allow non banks entities like prepaid instruments issuers, card networks and white level ATMs. ...
Sebi grants 'qualifying central counterparty' status to MCX Clearing CorporationMCXCCL is functioning as clearing corporations to undertake the activity of clearing and settlement of trades in securities or other instru...
Adequate security in place for coastal states: Kiren RijijuRijiju said various steps have been taken to strengthen security after Mumbai attack in 2008 and ensure that such incidents do not happen a...
Dushyant Singh Chautala hits out at BJP over farmers' compensationAccusing BJP of being "anti-farmer", MP Dushyant Singh Chautala said the Centre and the state have given very less compensation to farmers ...
Banks' exposure to qualifying clearing house outside 15% normBanks' exposure to a qualifying clearing house would be kept outside the limit of 15 per cent of their capital funds applicable to a single...
- DRDO, IAF signs agreement on CPSS
Defence Research and Development Organisation (DRDO) and Indian Air Force (IAF) today signed an agreement for production of Computerised Pi...
- Inter-dependencies of payment & settlement systems
The network of domestic and cross-border systems that comprise the global payment and settlement infrastructure has evolved significantly i...
- RBI seeks to keep an eye on payment system
The RBI has called for laying down standards for co-operation with other regulators in the financial system within the country and internat...