Rbi Support
- All
- News
- Videos
-
RBI Raises Real GDP Growth Forecast To 6.7 Per Cent For 2025-26
RBI Governor Sanjay Malhotra said that "looking ahead, healthy rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26".
-
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
-
RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
Shaktikanta Das concluded his tenure as RBI Governor this week. In his farewell address, he highlighted the ongoing advanced trials of India’s eRupee CBDC as one of the nation’s most significant achievements in recent years.
-
Crypto Industry Criticises Lack of Bank Support for Cryptocurrencies, Asks RBI to Define Crypto-Banking Relations
The crypto industry in India has once again asked the Reserve Bank of India to define the status of the banking with crypto firms in the country. These companies have highlighted the moves taken by financial authorities in the world, who have begun to define the parameters that banks need to follow before growing their relationships with the crypto...
-
RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
-
Lays Off At Paytm As Loss Widens After RBI Action
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement.
-
RBI Proposes Support for CBDC Distribution via Non-Bank Payment Operators
The RBI has decided to expand ways to distribute the CBDC within the retail ecosystem. Until now, India's CBDC distribution was being tested by banks that are part of its trials but soon third-party payment operators like Google Pay and PhonePe will also be able to distribute the CBDC.
-
eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
-
India’s eRupee CBDC to Get Offline Payments Feature, Programmability Tweaks: RBI Governor
The governor of RBI has reportedly planned to experiment with offline solutions to drive the adoption of CBDC in remote and rural areas of the nation. Das disclosed some plans on Thursday, February 8 – concluding the RBI-hosted three-day Monetary Policy Committee (MPC) meeting.
-
"Onboarding More Merchants, Heartening To See Unwavering Support": Paytm
Paytm founder, Vijay Shekhar met with Union Finance Minister Nirmala Sitharaman on Tuesday and discussed the ongoing issue of the company, ANI reported quoting its sources.
-
Davos 2024: RBI Governor Calls Crypto ‘Highly Speculative’ Amid Others Preaching Representation
RBI governor Shaktikanta Das did not give any statement supporting the growth and acceptance of crypto in India. While praising the growth of India’s banking sector, Das said crypto is highly speculative, which is a matter of concern.
-
Inflation Is "Coming Under Control", Says RBI Governor Shaktikanta Das
Reserve Bank of India remains watchful and the monetary policy is actively disinflationary and supporting growth, Governor Shaktikanta Das said on Thursday.
-
NPCI Launches India’s Own Blockchain-Backed Open-Source Project ‘Falcon’: All Details
The National Payments Corporation of India (NPCI), on August 29, announced the launch of Falcon — an open-source project that aims to simplify the management and use of blockchains based on ‘Hyperledger Fabric’ and supported on Kubernetes clusters.
-
Canara Bank Rolls Out CBDC App Interoperable With UPI, Users Highlight Issues
Canara Bank has launched an app to process eRupee payments between select customers and retailers. The launch of this app this week, makes Canara Bank the first mainstream Indian lender to have created a special platform to initiate CBDC payments as India marches forward with its eRupee trials.
-
RBI Increases UPI Lite Transaction Limit to Rs. 500, Proposes AI-Powered ‘Conversational Payments’
RBI Governor Shaktikanta Das announced an increase in UPI Lite transaction limit to up to Rs. 500 in offline mode. Besides, a few other features including conversational payments and NFC support on UPI have also been proposed to make transactions more seamless. UPI Lite was first introduced in September 2022 with a transaction limit of up to Rs. 20...
-
RBI Raises Real GDP Growth Forecast To 6.7 Per Cent For 2025-26
RBI Governor Sanjay Malhotra said that "looking ahead, healthy rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26".
-
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
-
RBI Governor Shaktikanta Das Highlights India’s Progress on CBDCs in Farewell Address: Key Insights
Shaktikanta Das concluded his tenure as RBI Governor this week. In his farewell address, he highlighted the ongoing advanced trials of India’s eRupee CBDC as one of the nation’s most significant achievements in recent years.
-
Crypto Industry Criticises Lack of Bank Support for Cryptocurrencies, Asks RBI to Define Crypto-Banking Relations
The crypto industry in India has once again asked the Reserve Bank of India to define the status of the banking with crypto firms in the country. These companies have highlighted the moves taken by financial authorities in the world, who have begun to define the parameters that banks need to follow before growing their relationships with the crypto...
-
RBI Extends Currency Swap Support For SAARC Nations Until 2027
The Reserve Bank of India (RBI) has extended its currency swap arrangement with SAARC countries until 2027, introducing a revised framework to address short-term foreign exchange liquidity needs and balance of payment crises.
-
Lays Off At Paytm As Loss Widens After RBI Action
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement.
-
RBI Proposes Support for CBDC Distribution via Non-Bank Payment Operators
The RBI has decided to expand ways to distribute the CBDC within the retail ecosystem. Until now, India's CBDC distribution was being tested by banks that are part of its trials but soon third-party payment operators like Google Pay and PhonePe will also be able to distribute the CBDC.
-
eRupee Recorded Rs. 5.7 Crore in Transactions in First Four Months of Retail Trials, Says RBI: Report
The RBI managed to see transactions worth Rs. 5.70 crore processed via the eRupee CBDC during the first four months of retail trials. The information comes just days after the RBI told the media that the eRupee CBDC is to be loaded with features supporting features for offline payments and programmability.
-
India’s eRupee CBDC to Get Offline Payments Feature, Programmability Tweaks: RBI Governor
The governor of RBI has reportedly planned to experiment with offline solutions to drive the adoption of CBDC in remote and rural areas of the nation. Das disclosed some plans on Thursday, February 8 – concluding the RBI-hosted three-day Monetary Policy Committee (MPC) meeting.
-
"Onboarding More Merchants, Heartening To See Unwavering Support": Paytm
Paytm founder, Vijay Shekhar met with Union Finance Minister Nirmala Sitharaman on Tuesday and discussed the ongoing issue of the company, ANI reported quoting its sources.
-
Davos 2024: RBI Governor Calls Crypto ‘Highly Speculative’ Amid Others Preaching Representation
RBI governor Shaktikanta Das did not give any statement supporting the growth and acceptance of crypto in India. While praising the growth of India’s banking sector, Das said crypto is highly speculative, which is a matter of concern.
-
Inflation Is "Coming Under Control", Says RBI Governor Shaktikanta Das
Reserve Bank of India remains watchful and the monetary policy is actively disinflationary and supporting growth, Governor Shaktikanta Das said on Thursday.
-
NPCI Launches India’s Own Blockchain-Backed Open-Source Project ‘Falcon’: All Details
The National Payments Corporation of India (NPCI), on August 29, announced the launch of Falcon — an open-source project that aims to simplify the management and use of blockchains based on ‘Hyperledger Fabric’ and supported on Kubernetes clusters.
-
Canara Bank Rolls Out CBDC App Interoperable With UPI, Users Highlight Issues
Canara Bank has launched an app to process eRupee payments between select customers and retailers. The launch of this app this week, makes Canara Bank the first mainstream Indian lender to have created a special platform to initiate CBDC payments as India marches forward with its eRupee trials.
-
RBI Increases UPI Lite Transaction Limit to Rs. 500, Proposes AI-Powered ‘Conversational Payments’
RBI Governor Shaktikanta Das announced an increase in UPI Lite transaction limit to up to Rs. 500 in offline mode. Besides, a few other features including conversational payments and NFC support on UPI have also been proposed to make transactions more seamless. UPI Lite was first introduced in September 2022 with a transaction limit of up to Rs. 20...
