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RBI INNOVATION HUB
RBI to explore CBDC pilot in cross-border transactionsThe Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail spa...- RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
- Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
- From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...
- India to use AI to protect consumers from money mule banking cyber fraud, announces Home Minister Amit ShahIndia will now use Artificial Intelligence to fight money mule banking cyber fraud. The Home Minister announced a partnership between the I...
- Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
- IIFCL to double InvITs exposure to Rs 6,000 cr this fiscalIndia Infrastructure Finance Company Ltd plans to double its investment in Infrastructure Investment Trusts. The company aims to reach Rs 6...
- RBI Innovation Hub boosts its top deckThe appointments follow Sahil Kini, founder of fintech startup Setu becoming new CEO of the company wholly owned by RBI.
- ‘On rates, it’s status quo or cuts; concerned about banks’ mis-selling of insurance’: RBI governor Sanjay MalhotraRBI Governor Sanjay Malhotra emphasizes India's economic resilience and commitment to managing rupee volatility without targeting specific ...
- RBI Innovation Hub pilots digital unsecured loans for gig workersThe Reserve Bank of India Innovation Hub has partnered with Vivifi Finance for a pilot project to provide unsecured loans to gig workers, i...
- GSTN to share data with RBI's frictionless credit platformThe Indian government has allowed the GST Network to share data about GST-registered businesses with the Reserve Bank's 'Public Tech Platfo...
- RBI fintech department gets a new boss in P VasudevanAjay Kumar Choudhary, who was the previous executive director in charge of the fintech department has retired, said a senior banker in the ...
- Frictionless credit initiative slashes operational costs for lenders by 70 pc: RBI officialThe Reserve Bank of India's frictionless credit initiative has resulted in a 70% reduction in customer acquisition costs for lenders and a ...
- 'Willkomen', 'Swagatam': G20 delegates to be greeted in multiple languagesThe G20 Summit in India will greet delegates in multiple languages, with a backdrop featuring the word "welcome" in the languages of all G2...
- Federal Bank, RBIH partner to advance digital financial inclusion for womenReserve Bank Innovation Hub (RBIH) is hosting the 'Swanari TechSprint' from April 18-22. It aims to create and produce smart, creative, and...
- RBI Governor Shaktikanta Das inaugurates Reserve Bank Innovation Hub (RBIH) in BengaluruThe RBI has set up the RBIH as a Section 8 company under Companies Act, 2013, with an initial capital contribution of Rs 100 crore to encou...
- IIT Madras Incubation Cell and RBI Innovation Hub sign MoU to develop ecosystem for fintech startupsThe two organizations will jointly provide incubation support and nurture early-stage startups with innovative and disruptive solutions and...
- RBI Innovation Hub appoints Rajesh Bansal as CEORajesh Bansal, a veteran central banker, was a member of the founding team of Aadhaar and played a key role in designing India’s Direct Ben...
- Former Infosys chief appointed as chairperson of RBI's newly set up Innovation HubFormer Infosys chairman and co-founder, Senapathy Gopalakrishnan, has been appointed as the first chairperson of the Reserve Bank Innovatio...
- RBI to set up Innovation Hub for finance sector in IndiaThe RBI had also announced that the scope of Priority Sector Lending will be expanded to include startups in the country.
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