States have been significantly overestimating CSS receipts. CSSs are typically co-financed by the Centre and the states, and the central gr...

RBI also proposes making all mobile wallets compatible and letting users withdraw cash at ATMs using them

One challenge that RBI might have to face in FY22 is the movement in exchange rate. Increasingly, the current scenario reminds us of the 20...

The central bank governor Shaktikanta Das in his Monetary Policy Committee (MPC) address said that fintech companies such as prepaid instru...

Governor Shaktikanta Das on Wednesday said prepaid payments instruments (PPIs) were given the option to become interoperable, wherein custo...

After enactment of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act in 2002, r...

The central bank has announced that it will allow non banks entities like prepaid instruments issuers, card networks and white level ATMs. ...

MCXCCL is functioning as clearing corporations to undertake the activity of clearing and settlement of trades in securities or other instru...

Rijiju said various steps have been taken to strengthen security after Mumbai attack in 2008 and ensure that such incidents do not happen a...

Accusing 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 a qualifying clearing house would be kept outside the limit of 15 per cent of their capital funds applicable to a single...

Defence Research and Development Organisation (DRDO) and Indian Air Force (IAF) today signed an agreement for production of Computerised Pi...

The network of domestic and cross-border systems that comprise the global payment and settlement infrastructure has evolved significantly i...

The RBI has called for laying down standards for co-operation with other regulators in the financial system within the country and internat...