New Delhi's core demand: build alternatives that are interoperable and don't just replace the US dollar with another hegemon ...

It is part of TSI’s plan to speed up its transition into a “full-fledged” payments bank and serve underbanked people in India ...

India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming ...

Namibia is set to become the first African country to implement India's Unified Payments Interface (UPI) for real-time ...

New Delhi plans to sell bonds worth 250 billion rupees ($2.92 billion) on Friday, which includes a new seven-year paper. On Wednesday, the Reserve Bank of India pulled out 973.15 billion rupees ...

This e-auction underscores Union Bank of India's proactive approach to managing and recovering its non-performing assets ...

The Reserve Bank of India's policy support, an uptick in economic growth, moderating inflation and robust domestic inflows ...

In a bid to spur growth at a time when inflation has come under control, the Reserve Bank of India’s Monetary Policy Committee on Friday (June 6, 2025) voted 5:1 to slash the policy repo rate by ...

Kerala has made a significant impact on India''s Green Building Movement, with over 460 projects registered under the Indian Green Building Council (IGBC). These projects span across various sectors, ...

The Reserve Bank of India issued the PA-CB guidelines in October to facilitate payments for the import and export of goods and services. The RBI gave Cashfree a PA-CB licence in July 2024.

The Reserve Bank of India’s monetary policy committee on Friday voted to cut the policy repo rate to 5.50% from 6.00%, a steep cut of 50 basis points. Photo: francis mascarenhas/Reuters.

The story so far: Putting an end to much speculation, the Reserve Bank of India’s Central Board on Friday (May 23, 2025) announced that it had decided to transfer ₹2.69 lakh crore to the ...