Reserve Bank of India
Finance
RBI to launch first pilot of retail digital rupee on 1 December
The Reserve Bank of India (RBI) on Tuesday announced a pilot for retail central bank digital currency (CBDC) on 1 ......
Finance
Yes Bank acquires 9.9% stake in JC Flowers, applies for additional stake buy
Yes Bank has initially acquired a 9.9% shareholding in JC Flowers ARC. The lender said that it plans to acquire ......
Finance
The rationale behind Fed's 75 bps hike and how it may hit our day-to-day
Last Wednesday, the US Federal Reserve increased the federal funds rate, its key short term interest rate, by 75 basis ......
Finance
RBI may raise repo by 50 bps this week: Economists
The Reserve Bank of India’s rate-setting panel is likely to raise policy rates by 50 basis points at its meeting ......
Finance
Rupee hits record low for second session, breaches 81/$ mark
The Indian rupee today fell 39 paise to all-time low of 81.18 against US dollar in early trade on the ......
People
BharatPe makes 2 new appointments including a former RBI deputy governor
Fintech unicorn BharatPe has appointed former deputy governor of Reserve Bank of India, BP Kanungo and Zomato's chairman Kaushik Dutta ......
Finance
Innoviti gets RBI nod for payment aggregation licence
Innoviti Payment Solutions Pvt. Ltd, which runs an eponymous payments-focused financial technology firm, become the top fintech startup that has ......
Finance
Digital lenders should stick to businesses they are licensed to do, says RBI Governor Das
Digital lenders should operate within the guardrails of regulatory guidelines and adhere to the specific licences granted to them, Reserve ......
Finance
Yes Bank selects JC Flowers as highest bidder to buy $6 bn bad loans
Yes Bank Ltd's board has chosen JC Flowers Asset Reconstruction Co (JCF ARC) as the highest bidder to become the ......
Finance
RBI extends deadline for select provisions to implement new card rules
The Reserve Bank of India (RBI) on Tuesday extended, by three months, the deadline to implement three provisions as part ......
