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RETAIL FOREX TRANSACTIONS
RBI Deputy Governor Rohit Jain flags speed, concentration and opacity as fintech risks; says technology must serve customersRBI Deputy Governor Rohit Jain warned financial institutions and fintech firms that rapid adoption of emerging technologies brings risks ar...- RBI to expand retail forex access with five new currency pairs, plans wider global currency bouquetThe Reserve Bank of India will add five currency pairs—euro, British pound, Swiss franc, Canadian dollar and Emirati dirham—to its FX-Retai...
- What Is the Best Way to Pay for an International Trip and Does My Credit Card Include Airport Lounge Access?
- Zero-fee travel credit card: Unlimited airport lounge access, 10% rewards on UPI transactions – Is this new co-branded card for you?How about a card that not only offers airport privileges but also earns rewards on every eligible spend and UPI transaction, with zero fore...
- These 8 banking stocks have an upside potential of up to 22% in 1 year, according to analystsWhen it comes to the banking sector, one should, at this point of time, give some leeway in terms of credit growth. The more important thin...
- From kirana to currency: Small towns are scrambling for dollarsSmall towns now lead India's foreign exchange demand, surpassing major cities. This shift indicates rising prosperity and global lifestyle ...
- Zaggle Prepaid Ocean Services crashes 20%, hits lower circuit after Q1 PAT declines 33% YoYZaggle Prepaid Ocean Services shares hit the lower circuit after the company reported a sharp year-on-year decline in Q1FY27 profit, despit...
- These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analystsThis is worth noting: Despite sustained periods of FPI selling, banking stocks have not corrected to the extent one might have expected, es...
- These 7 private and public banking stocks have an upside of up to 29% in one year, according to analystsBroadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the foc...
- These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analystsWe live in a world where one statement or one missile can cause crude oil prices to spike. In such times, expecting rational behaviour in t...
- These 9 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIt is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it i...
- The experience economy is reshaping consumer financeYoung professionals now prioritize experiences, shifting financial goals from tangible assets. Consumers globally continue to spend on trav...
- NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...
- 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...
- RBI seeks comments from stakeholders on draft circular on disclosure of forex transactionsThe Reserve Bank of India is enhancing transparency in foreign exchange dealings. A new draft circular proposes mandatory disclosure of all...
- 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...
- 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...
- ICICI says automation to handle 20% transactions by March-endAt present, the solutions have been introduced in processes in the retail banking, agro business, trade and forex, treasury and HR function...
- Banks set Rs 100 flat fee per forex transactionCommercial banks have reached an understanding among themselves that they will charge a flat Rs 100 for every foreign currency transaction ...
- Forex trade goes haywireThe foreign exchange business went into a tizzy on Friday as a service tax on forex broking services came into effect.
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