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Reserve Bank India News
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WhatsApp Update! Mark Zuckerberg says WhatsApp Pay in India soon
Thu, Oct 31, 2019
The peer-to-peer, UPI-based WhatsApp Pay service will reach over 400 million users -- especially the small and medium businesses (SMBs) -- to boost digital inclusion in the country.
RBI Monetary Policy October 2019: KEY TAKEAWAYS from fourth bi-monthly statement
Fri, Oct 04, 2019
All members of the MPC voted to reduce the policy repo rate and to continue with the accommodative stance of monetary policy.
RBI policy announcement: Zee Business poll favours 0.25% rate cut
Fri, Oct 04, 2019
The first question asked was if the RBI will once again go for rate cut. About 80% respondents opined that there is a possibility of 0.25% rate cut, and after this rates will be paused or put on hold for coming days.
Viral message: RBI cancelling leaves of its officers. It's Fake!
Sun, Aug 18, 2019
RBI tweeted, ''There are social media reports about cancellation of RBI officers' leave/LFC. It is clarified that this information is not correct and no such order has been issued by the RBI.''
Benchmarking India's Payment Systems: India has 597 ATMs less in 2019 than 2017, says RBI report - Check key details
Sat, Jun 08, 2019
India also has one of the lowest ratios of ATM cash withdrawal relative to cash in circulation, revealed the report titled "Benchmarking India`s Payment Systems".
RBI draft liquidity norms may put pressure on NBFCs margins: Analysts
Mon, May 27, 2019
Draft liquidity norms for the non-banking financial companies (NBFCs) announced by the Reserve Bank will put pressure on their margins and returns over the medium term.
NPCI mulls using blockchain solution to strengthen digital payments
Sun, Apr 14, 2019
"Blockchain stores information about transactions between users in a way that can be tracked by any user for forever for maximum transparency. This gives visibility which can lead to greater efficiency by automating or confirming transactions and increasing liquidity in the supply chain," said Innefu Labs Co-Founder Tarun Wig.
Banks in 2018: Borrowers left as loans went kaput; CEOs forced to leave and RBI chief quits too
Wed, Dec 26, 2018
First, loans went kaput (broken) and borrowers left the country after defaulting on payments or committing frauds.
RBI proposal: Rs 2000, Rs 500, Rs 200, Rs 100, other notes to get this makeover!
Mon, Nov 19, 2018
Banknotes in your wallet may soon get a makeover! However, not of the kind you might expect.