Rupee hits record low of 92.3675/USD amid West Asia war and oil price surge, recovering slightly due to RBI support.
RBI introduced prudential norms limiting dividend payouts by payment banks to a maximum of 75% of profit. The framework links dividend eligibility to capital adequacy, asset quality, and supervisory ...
The Reserve Bank of India has carved out more flexibility to defend the rupee, as rising geopolitical tensions and a spike in ...
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Rupee Hits Record Low of 92.37; RBI Intervenes as Oil Surge and Dollar Strength Pressure Currency
The Indian rupee plunged to a fresh lifetime low of 92.37 per US dollar on Thursday as surging crude oil prices, persistent ...
The amendment revises CCR treatment and add-on factors for off-balance sheet exposures, aligning prudential norms for payments banks with international regulatory ...
The Reserve Bank of India likely stepped in to sell dollars on Thursday to support the rupee after a jump in oil prices pushed the currency near its record low at the open, three traders ...
Approval allows fintech firm to onboard merchants directly; strengthens payments play alongside lending, insurance and investment services ...
The Reserve Bank of India will inject Rs 50,000 crore into the banking system on March 13. This is part of a larger Rs 1 lakh ...
Electronic Payments International on MSN
Cred obtains final RBI payment aggregator licence
In FY25, Cred handled payments of more than Rs 8.5trn ($92.07bn) from over 15 million users.
By Nimesh Vora MUMBAI, Mar 9 (Reuters) - The Indian rupee may slip to a record low at open on Monday, as a sharp surge in global oil prices fuelled by the widening Middle East conflict deepened ...
Florida patients can now access umbilical stem cell treatments and bank a lifetime supply of their own stem cells ...
India’s central bank announced fresh measures aimed at boosting banking liquidity, with a plan to buy government bonds through auctions.
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