The central bank maintained its growth projections, forecasting a GDP growth rate of 6.6 percent for FY25 and 6.7 percent for FY26. Malhotra explained that the current focus on growth stems from ...

The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...

RBI will also introduce ".fin.in", a dedicated domain for non-banking financial companies (NBFCs) and other financial ...

RBI Governor Malhotra also spoke about the falling levels of rupee. He said that the RBI doesn't target any specific levels ...

India’s largest fintech firm, PhonePe, has exited the account aggregation business, citing challenges in onboarding financial ...

The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...

The Reserve Bank of India cut the benchmark repo rate by 25 basis points on February 7, aiming to boost the slowing economy.

The Reserve Bank of India (RBI) has unveiled a comprehensive set of security initiatives for 2024 aimed at strengthening the digital banking and payments ecosystem in India. The measures build upon ...

“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...

Fintech major PhonePe has decided to exit its Account Aggregator (AA) business and will be partnering with other AAs in the ...

PhonePe, India's largest fintech firm, has exited the account aggregation business, citing insufficient partner onboarding.

According to the company, it will surrender its NBFC-AA license to the RBI and has initiated the wind-down of its account ...