RBI

In its recent Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) announced significant enhancements to the Unified Payments Interface (UPI), reflecting its commitment to promoting digital payments …

Tata Sons’ Profit Surges 74% in FY24, Boosting Revenue and Expanding Business Portfolio Tata Sons, the principal investment holding company of the Tata group, witnessed a remarkable increase in its …

The data required for credit appraisal is currently dispersed across various entities, including governments, banks, account aggregators, and credit information companies. The Unified Lending Interface (ULI) will streamline digital access …

Tata Sons, the principal holding company of the Tata Group, has recently made a strategic financial move by repaying over ₹20,000 crore in debt to avoid mandatory listing on the …

The Reserve Bank of India (RBI) has announced a significant change to the Unified Payments Interface (UPI) transaction limit, increasing it from ₹1 lakh to ₹5 lakh per transaction. This …

The Reserve Bank of India approved Jio Financial’s transition from an NBFC to a CIC in a filing on Thursday evening. On Thursday, the Reserve Bank of India approved Jio …

The RBI has recently updated its CIBIL score rules for banks and credit institutions, which are important for borrowers. Following numerous complaints, the Reserve Bank of India (RBI) issued an …

India’s central bank shifts approximately 100 tonnes of gold from UK to domestic vaults, with further relocation planned, as per TOI. This notable transfer, the first since 1991, tackles logistical …

Yet, the total amount implicated in bank frauds dropped by 46.7% YoY in FY24 to 13,930 crore, according to the RBI’s Annual Report. According to the Reserve Bank of India’s …

RBI stated that the action stems from significant concerns noted during supervisory examinations. Edelweiss Financial Services stock plummeted 16% on May 30 after RBI imposed restrictions on two of its …