In the bustling streets of India's financial landscape, a new chapter unfolds as the Reserve Bank of India (RBI) tightens its grip on the burgeoning fintech sector....
RBI
Despite a welcome reduction in inflation, the RBI stresses that the nation remains in challenging economic terrain, with global financial conditions posing a significant risk....
The Reserve Bank of India (RBI) has introduced new regulations for entities facilitating cross-border payment transactions. ...
Mr. Rahul Tandon, Chief Product Officer, Safexpay, spoke exclusively with IBT discussing how payment companies have to rise above payment transactions and provide small businesses with holistic soluti...
The RBI's Monetary Policy Committee (MPC) announced its decision to maintain the policy repo rate at 6.5%. The unchanged policy repo rate benefits businesses with cheaper borrowing, stimulating invest...
After experiencing an estimated 6.9% GDP growth in 2022-23 despite global headwinds, India's economy is projected to grow at a rate of 7% and expected to be the fastest-growing economy in FY '24. IBT ...
The Reserve Bank of India has surprised the nation by keeping the repo rate unchanged at 6.5%. The move acted as a breather for the borrowers, as it will hit a pause on their lending rates linked to ...
After almost a month of launching digital rupee for wholesale segment, National Payments Corporation of India (NPCI) has taken a major step towards further improving country’s monetary and payment s...
Food inflation is one of the major drivers of Consumer Price Index, which is having a predictable impact on RBI's monetary policy. India needs to address the structural inefficiencies that drive the r...
Prof Ramnath Narayanswamy, IIM Bangalore, argues that consumption in the Indian economy has been rather mindless, and savings need to be encouraged for the economy going forward. Moreover, spending sh...