Cred has introduced the e-Rupee wallet in partnership with Yes Bank, under the RBI's CBDC initiative. This wallet enables UPI-linked transactions and imposes daily and per-transfer limits.

The all-new Monetary Policy Committee under new RBI Governor Sanjay Malhotra is set ... This will be the first MPC since Malhotra assumed the office in December last year after his predecessor ...

So far, if one looks at measures from the government and the RBI, the central bank’s actions have offered immediate support to the borrowers. The RBI Governor announced a 40 basis points cut in ...

Home IFSC code Reserve Bank Of India Tamil Nadu Chennai Chennai Regional Office Check IFSC Code and MICR code of Reserve Bank Of India Chennai Regional Office branch in Chennai, Tamil Nadu along ...

RBI Dy Governor portfolio reshuffle: The Reserve Bank of India (RBI) announced the portfolio duty rejig of its three remaining deputy governors on Tuesday, January 14, with the retirement of Dr ...

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...

Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been allowed to slide more freely. Tight liquidity will not bind the Reserve ...

To ease liquidity tightness in the banking system, the Reserve Bank of India (RBI) has decided to conduct daily Variable Rate Repo (VRR) auctions until further notice. The first such auction will ...

(Image/Reuters) As the liquidity deficit deepens further, the Reserve Bank of India (RBI) on Friday conducted its largest variable rate repo (VRR) auction in nearly a year with a notified amount ...

The Reserve Bank of India (RBI) was likely selling dollars to support the rupee on Monday (January 12, 2025), after the currency slumped to its all-time low as the dollar surged on expectations ...

The lenders had also violated rules for microfinance loans related to assessment of household income and borrowers’ ability to make monthly repayments, the RBI had said in October.

According to sources, the MMRC Board has approved the consideration of RBI’s proposal ... m. of built-up office space, with a total permissible built-up area of 1,35,383 sq.