RBI MPC Meeting: When and where to watch Governor Shaktikanta Das’ policy announcement
India’s CPI inflation stood at 6.2 per cent as of October, as nation eyes the upcoming monetary policy announcement on ...
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RBI order to throw up opportunities in RegTech space: Newgen Software
Mumbai: Newgen Software expects its recent order from the Reserve Bank of India to open up new opportunities in the RegTech and financial sectors. The RBI project involves implementing a system to ...
Nomura expects RBI to cut rates by 100 bps this cycle
Nomura forecasts the RBI will cut rates by 100 bps from December 2024. This surpasses the anticipated 50 bps cut. They've ...
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RBI raises UPI Lite wallet limit to Rs 5,000
The Reserve Bank of India on Wednesday revised the wallet limit for the UPI Lite from Rs 2,000 to Rs 5,000. As per the new ...
Will RBI cut policy rates?
With inflationary concerns amidst global dovish headwinds, the decision on the policy rate needs to be taken with caution ...
RBI revises wallet limit for UPI Lite from Rs 2,000 to Rs 5,000: Check new guidelines
As per the new regulations, the RBI said the offline framework has been updated and the enhanced limits for UPI Lite shall be ...
RBI MPC Meeting: What does India’s Q2 GDP print mean for the monetary policy? Experts weigh in
India’s Q2FY25 GDP growth surprised negatively at 5.4% YoY (below estimate of 6.6%). The deceleration in growth is led by moderation in investment spending at 5.4% YoY compared with 7.5% YoY in Q1.
RBI enhances UPI Lite wallet limits, updates offline payments framework
Earlier, the per-transaction limit and wallet limit for transactions made through Unified Payments Interface (UPI) Lite were ...
India’s 10-year government bond yield softens on expectation of RBI’s liquidity enhancement measures
Yield of the benchmark 10-year Government Security (G-Sec) softened on Wednesday, with the spread between this paper and the ...
RBI increases UPI Lite per transaction limit to Rs 1000, up from Rs 500
The Reserve Bank of India increased the UPI Lite transaction limit to ₹1,000, with a total limit of ₹5,000. The National ...
Allow use of non-financial transactions to decide a/c status: SBI to RBI
State Bank of India (SBI) has approached the Reserve Bank of India (RBI) with a plea to consider allowing non-financial ...
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RBI doubles UPI Lite offline transaction limit to ₹1,000, sets ₹5,000 total cap
As per the revised framework, the upper limit for a single UPI Lite offline transaction has been raised to ₹1,000, up from ...