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FX RETAIL PLATFORM
RBI nudges banks to offer better forex rates to retail customersThe Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allo...
US Stocks: GIFT City or traditional broker? Before you start overseas investing, know which route saves you more in taxes, costs, and hassleIndians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and ...
RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...
NPCI International, BENEFIT sign pact to enable cross-border payments between India & BahrainNPCI International Payments Limited partnered with Bahrain’s BENEFIT to link India’s UPI with Bahrain’s Fawri+ for instant cross-border rem...
Bharat Connect gets linked with FX-Retail platform; enables customers to buy USDThe Reserve Bank of India has linked its Bharat Connect bill payment system with the FX-Retail platform, allowing individual customers to p...
RBI Governor Sanjay Malhotra asks Clearing Corp to think beyond dollar/rupeeRBI Governor Sanjay Malhotra urged CCIL to broaden its product offerings, aligning with the goal of rupee internationalization. He emphasiz...
PRO FX Tech IPO opens for subscription: Check price band, issue size and other detailsPRO FX Tech will launch its IPO on June 26, 2025. The IPO aims to raise Rs 40.30 crore. It involves a fresh equity offering of 46.32 lakh s...
PRO FX Tech Limited launches Rs 40.30 crore IPOPRO FX Tech Limited, engaged in the business of retail and distribution of specialized AV products used for home theatres, custom theatres ...
RBI to remain 'agile & proactive' in policy action amid evolving global situation: Guv MalhotraReserve Bank Governor Sanjay Malhotra emphasized the central bank's commitment to monitoring the global economic situation and proactively ...
RBI proposes linking FX-Retail platform to Bharat ConnectThe Reserve Bank of India broadened access to its FX-Retail platform by connecting it with Bharat Connect. This integration allows users to...
RBI MPC meeting: NRIs can now earn more money from their savings in IndiaThe Reserve Bank of India raised the interest rate caps on Foreign Currency Non-Resident Bank (FCNR-B) deposits to attract more capital inf...
FX-Retail platform to be linked to NPCI Bharat Connect: Easy access through bank, non-bank payment appsThe Reserve Bank of India (RBI) plans to link the FX-Retail platform to NPCI's Bharat Connect. This move aims to expand the reach of the FX...
Banks must play bigger role in rupee derivatives: RBI"Participation of domestic banks in derivative markets remains limited with only a small set of active market-makers... Domestic banks are ...
Governor Das for greater participation of banks in rupee derivatives in India, abroadReserve Bank Governor Shaktikanta Das on Monday stressed the need for greater participation of Indian banks in rupee derivatives market, bo...
High forex transaction charges for smaller customers worrisome: RBI deputy governor Rajeshwar RaoThe central banks in 2021 reviewed the foreign exchange system to rationalise and streamline it, but that may remain incomplete unless the ...
Will this new platform for retail foreign exchange customers benefit you?Customers can expect their overall foreign exchange transaction costs to come down with this facility- a centralised electronic forex tradi...
RBI says forex retail trading platform ready for rollout on Aug 5RBI said banks may charge their retail customers a pre-agreed flat fee towards administrative expenses.
Flipkart launches online wallet to take on rivals like Freecharge and PayTMFlipkart Money has been launched on Android devices, where it can be topped up with Rs 10,000 at a time using credit card, debit card and n...
Canara Bank ties with Deutsche Bank for payment solutionsState-owned Canara Bank and Deutsche Bank signed a Memorandum of Understanding for the use of FX4Cash – a cross-currency payments solution.
- Indian Overseas Bank signs MoU with Deutsche Bank
Indian Overseas Bank has inked a memorandum of understanding with Deutsche Bank for using its cross-currency payment solution FX4Cash to of...