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RBI blames Paytm Payments Bank curbs on persistent non-compliance

RBI governor Shaktikanta Das said the regulator will continue to encourage and support innovation and technology in the financial sector. ....

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How RBI repo rate hike may impact fixed deposit, loan & real estate industries?

As highly anticipated, the Reserve Bank of India raised its key repo rate by 25 basis points (bps) to 6.50% on Wednesday. ....

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RBI Soon to Launch QR Code-Based Coin Vending Machine: Here's How It Will Work

RBI Governor Shaktikanta Das said that the central bank will start the project to launch QR code-based coin vending machines and added that the machines will be launched to promote the distribution of coins and enhance their accessibility. aaa ....

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Monetary policy: If RBI hikes repo rate by 25 bps, how does it impacts your EMIs

In January 2023 bulletin, RBI said, lending and deposit rates of SCBs have continued to move higher since May 2022 in response to the 225 bps increase in the policy repo rate. ....

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