RBI increases UPI limit for keypad phones, UPI lite wallet limit also increased to Rs 5000
In addition to increasing the UPI123Pay limits, the RBI has also enhanced the UPI Lite wallet limit from Rs 2,000 to Rs 5,000. The per-transaction limit for UPI Lite has also been increased from Rs ...
RBI shifts stance, hints at rate cut as Fed and ECB ease policies
There is a lot of action among leading central banks with the US Federal Reserve and European Central Bank, among others, ...
RBI Keeps Repo Rate Unchanged At 6.5%
The repo rate, the short-term lending rate, remains unchanged at 6.5 percent, a level it has held since February 2023.
Press Trust of India on MSN24m
RBI pivots to horse to illustrate war against inflation
Reserve Bank Governor Shaktikanta Das on Wednesday used an analogy of a horse, shifting from the elephant, to describe the way the central bank is trying to contain inflation ...
FD interest rates: These 6 banks offer highest returns on fixed deposits; check details
The RBI's monetary policy committee kept the repo rate unchanged at 6.5 per cent for the tenth time in a row. However, the ...
From 'wild elephant' to nearly 'tamed horse', how war on inflation is almost won
MUMBAI: RBI Governor Shaktikanta Das has offered some banter to the press when he quipped, in response to a media query, as ...
No pivot yet, but RBI's neutral stance paves way for rate cut sooner rather than later
MUMBAI: Despite holding key policy rates at 6.5 percent for the tenth time on the trot, the Reserve Bank-led monetary policy ...