The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system ...
The payment solutions provider had received the in-principle nod for the PA licence in 2022. Per the company, its payments platform is processing an annualised gross transaction value (GTV) of $30 ...
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to ...
The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could ...
Paytm's strategy to onboard more merchants continues to yield results. In Q3 FY25, the company added one million new ...
Continuing its dominance in the UPI ecosystem, fintech major PhonePe processed 810.2 Cr transactions in January 2025.
Unlike consumers in the West, many Indian consumers have leapt straight to mobile banking and wallets without any experience ...
As anticipated, this growth was driven by the three leading apps—PhonePe, Google Pay, and Paytm—while several newly launched ...
India's central bank will be agile in responding to the liquidity needs of the banking system, Reserve Bank of India (RBI) ...
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
The Reserve Bank of India (RBI) made a significant move in its February 2025 monetary policy committee (MPC) meeting by cutting the repo rate by 25bps (basis points) to 6.25%, marking the first rate ...