The Reserve Bank of India is meeting lenders next week to discuss its liquidity management framework, and could announce ...

What’s the Difference? Learn about UPI and digital wallets, their features, key differences, and the list of countries ...

For enhanced credit flow as well as extending the scope of eligibility, the RBI has introduced new guidelines for PSL. The higher limit is aimed at increasing the role of cooperative banks in funding ...

A recent UPI outage in India caused significant disruption in digital transactions, impacting services like Google Pay and ...

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy? Syed Mohammad ... and merchants can play a pivotal role. A small incentive—such as 3% for consumers ...

To promote this payment ecosystem, PM Narendra Modi-led Centre has approved a ₹1,500 crore incentive scheme for FY25 for ...

As a central bank, he said the RBI is mindful of its role in addressing and mitigating risks to the ... is not limited to the financial system alone but extends to the real economy. "Be it the ...

These numbers suggest that the PMJDY played a crucial role in bridging the gap in banking ... which are essential for fostering a cashless economy and reducing black money and corruption.

RBI Governor Sanjay Malhotra urged urban cooperative banks (UCBs) to strengthen resilience against IT and cyber risks during ...