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June 6, 2025, 10:01 AM - 4 min read
Indian stock markets dipped in early trade on Friday as investors awaited the Reserve Bank of India’s monetary policy decision. Analysts expect a 25-bps rate cut, but say the central bank’s commentary on inflation and growth will be more critical for market sentiment.
Read moreOctober 14, 2024, 07:00 PM - 3 min read
Banks and other financial institutions must put in place adequate risk mitigation measures against all these risks. In the ultimate analysis, banks have to ride on the advantages of AI and Bigtech and not allow the latter to ride on them," Reserve Bank of India Governor Shaktikanta Das said.
Read moreMarch 22, 2024, 07:39 PM - 2 min read
In a move aimed at providing greater convenience to taxpayers, the Reserve Bank of India (RBI) has announced that its offices dealing with government business and designated branches of agency banks will remain open during normal working hours on March 30 and 31, 2024. This decision comes as part of special measures for the current financial year, particularly in light of the annual closing of government accounts.
Read moreFebruary 27, 2024, 04:49 PM - 2 min read
E-commerce giant Amazon's financial technology arm, Amazon Pay, has secured authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator (PA). The RBI approved Amazon Pay's application on February 20, adding it to the list of companies granted this coveted license in 2024.
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