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AA Edit | Ensure UPI remains glitch-free

AA Edit | Ensure UPI remains glitch-free

According to estimates, UPI was used to make 65 per cent of digital payments in India. It processed 1,200 crore...

14 April 2025 12:26 AM IST

AA Edit | RBI takes prudent action amid global uncertainties

AA Edit | RBI takes prudent action amid global uncertainties

With the latest 25 basis point rate cut, the repo rate now stands at six per cent, which is two percentage points higher...

11 April 2025 11:12 PM IST

AA Edit | Waive ATM fee for small sums

AA Edit | Waive ATM fee for small sums

Banks sought an increase in ATM fees on the grounds of rising maintenance costs at ATMs

1 April 2025 1:13 AM IST

People stood in long queues outside banks, ATMs.

ATM Transaction Cost to Go Up by Rs 2 to Rs 23 From May 1

The RBI, in its notification, said that the ATM interchange fee—the charge a bank pays to another bank for offering ATM...

29 March 2025 2:15 AM IST

Re Settles to 3 Month High Against Dollar

Re Settles to 3 Month High Against Dollar

Foreign inflows, stable crude prices, and a weaker dollar boost the rupee’s value, marking a solid finish to the...

29 March 2025 1:01 AM IST

Ebbing inflation cements April rate cut

Ebbing inflation cements April rate cut

India’s February 2025 CPI inflation dipped below the RBI’s 4 per cent target to a seven-month low of 3.6 per cent in...

16 March 2025 10:23 PM IST

AA Edit | RBI cautious amid uncertainties

AA Edit | RBI cautious amid uncertainties

These measures are expected to provide additional liquidity in anticipation of tight financial conditions towards the...

6 March 2025 11:10 PM IST

IMF flags major systemic risk with NBFCs with exposure to power sector

IMF flags major systemic risk with NBFCs with exposure to power sector

RBI had a few months back voiced concern over the growing exposure of banks to NBFCs. According to the RBI, exposures of...

3 March 2025 6:52 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

RBI likely to cut rates in Dec 6 policy review: report

RBI kept interest rate unchanged on fears of rising inflation while lowering growth forecast to 6.7 pc for current...

30 Oct 2017 1:34 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Govt fixes Sovereign Gold Bond rate at Rs 2,945 per gram

Minimum investment in the bonds is one gram with a maximum limit of subscription of 500 grams per person per fiscal...

28 Oct 2017 12:28 PM IST

Small-time traders across the city display signs at their shops indicating that they would accept money via PayTM. They added that the service has come in handy for them after demonetisation. (Photo: Asian Age)

Mobile wallets will enable unlimited transfer of funds: Paytm

Company says RBI guidelines released this month will enable mobile wallets to gain access to more functionalities.

27 Oct 2017 3:36 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Bank asked to classify recast loan as NPA by RBI

Banks overall gross non-performing assets ratio had been broadly stable at 1.26 per cent.

26 Oct 2017 9:40 AM IST