Page 29 of RBI

The report stated that smartphones use the 'active listening’ technology for listening to our conversations

Re-KYC: A double-edged sword in safeguarding customer security

As per the RBI guidelines, it is crucial for Re-KYC to be conducted on a regular basis. Financial institutions, including…

September 5, 2024 09:02 IST

Onboarding by P2P lenders plummets more than 90%; most platforms halt new user addition

While some players have stated that the pause is temporary, allowing them to align their systems with the RBI’s new…

September 5, 2024 06:30 IST

RBI, Banking, Banking and Finance, Banking Sector

Demand for short-term govt debt may decline

If the RBI agrees to the request, demand for bonds may fall from an anticipated Rs 4 trillion to around…

September 5, 2024 03:00 IST

Union Bank of India unveils UPI-enabled cash deposit innovation at Global Fintech Fest 2024

Union Bank of India launches easy cash deposit facility by scanning QR Code with any UPI app

Union Bank of India is leading the way in cutting edge payment products with the launch of this innovation, which…

September 3, 2024 18:58 IST

Out of $1.9 trillion MSME credit gap, only $289 billion fulfilled by formal lenders: RBI’s Michael Patra

The deputy governor noted that half of the $1.5 trillion debt-based demand comes from borrowers who prefer financing from informal…

September 3, 2024 17:07 IST

Don’t ask for peanuts

Too many errant firms and individuals get away with fines hardly commensurate with the offence committed.

September 3, 2024 04:30 IST

Slowdown in India’s GDP growth due to lower govt spending, elections: RBI Guv

“We have reasonably confident expectations that the annual growth rate of 7.2 per cent projected by the RBI will be…

August 31, 2024 16:50 IST

RBI, food inflation, core inflation, Economic Survey, CPI inflation, vegetable prices, monetary policy, GDP growth, manufacturing, services sector, input costs

Should RBI policy be held captive by food prices

RBI’s assessment on upside risk to inflation may be too pessimistic. The focus in the August policy minutes was on…

August 31, 2024 11:29 IST

7 ways to bridge the MSME credit gap by banks, other lending institutions

If all ecosystem participants including banks, NBFCs, and fintechs align on the opportunity that PSL presents and work collaboratively with…

August 31, 2024 10:00 IST

Banks deploy Rs 25 lakh crore in priority lending to MSMEs in July: RBI data

Priority credit to MSMEs in July was 14.9 per cent of India’s non-food credit of Rs 167 lakh crore during…

August 30, 2024 16:48 IST

The announcement was made in the presence of Ajay Kumar Choudhary, non-executive chairman and independent director of NPCI.

RBI executive director announces Bharat Connect as new identity for BBPS at Global Fintech Fest 2024

Bharat Connect, developed by NPCI Bharat BillPay Limited (NBBL), represents a broader vision beyond a mere bill payment system.

Updated: August 30, 2024 14:55 IST

Bank Holidays, Bank Holidays in India, Bank Holidays in September, Bank Holidays 2024, List of Bank Holidays, List of Bank Holidays in September 2024, Holidays List 2024, September Holidays List

Bank Holidays September 2024: Banks to remain closed for 12 days in September 2024; Check the full list of bank holidays here

List of Bank Holidays in September 2024: September includes festivals like Ganesh Chaturthi, Onam, and Id-e Milad. During this month,…

August 28, 2024 18:08 IST

Democratising lending

Unified Lending Interface will go a long way in delivering credit to the underserved sectors, but there are challenges.

August 28, 2024 03:00 IST

Play by the rule book

The tighter regulation for P2P platforms was needed as innovation is fine only if it’s within the rules.

August 27, 2024 05:00 IST

RBI to launch Unified Lending Interface to plug credit demand for MSME, agri, other sectors

RBI to launch Unified Lending Interface to plug credit gap in MSME, agri, other sectors

The new platform currently in the pilot stage will “facilitate seamless and consent-based flow of digital information, including even land…

August 26, 2024 11:29 IST

Insolvency Resolution: IBBI proposes MSMEs to disclose whether Udyam registered or not

Disclosing registration status as an MSME, said IBBI in a discussion paper on August 23, will likely reduce information asymmetry…

August 25, 2024 12:20 IST

RBI, RBI MPC, RBI MPC minutes, repo rate, interest rate, rate cut, Shaktikanta Das, GDP growth, CPI inflation, food inflation

Inflation still the centre of RBI’s focus; Barclays rules out rate cut before December

The RBI MPC minutes revealed significant concerns raised by external members Ashima Goyal and Jayanth R Varma who strongly advocated…

August 23, 2024 12:20 IST

RBI streamlines payments, allows instant auto top-ups for FASTag and NCMC

These top-ups, which occur on a recurring basis but without a set schedule, will now be managed under the e-mandate…

August 22, 2024 20:24 IST

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How many illegal foreigners were found in Bihar SIR? CEC says ‘data not with ECI’ – Video

India News39 min ago

Bihar Assembly Elections 2025: CEC Gyanesh Kumar announced the dates for the polls and addressed questions about the number of illegal foreigners identified during the Special Intensive Revision (SIR). The ECI does not have the data, which can be found with the EROs and AEROs. The SIR has become the main issue, with the opposition accusing it of being a ploy to remove opposition voters.

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