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Finance

RBI allows UPI linking with pre-sanctioned credit lines from banks

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The Reserve Bank of India (RBI) on Thursday proposed expanding the reach of the Unified Payments Interface (UPI) digital payments system by allowing...
Finance

Industry associations welcome RBI decision to pause interest rates

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RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%RBI MPC: Here is what experts have to say...
Finance

RBI to come out with centralised web portal to search unclaimed deposits

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RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%RBI MPC: Here is what experts have to say...
Finance

Necessary to assess cumulative impact of action taken so far: RBI

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Reserve Bank of India (RBI) Governor SHAKTIKANTA DAS, Deputy Governors MICHAEL DEBABRATA PATRA, MAHESH KUMAR JAIN, T RABI SANKAR, and M RAJESHWAR RAO...
Finance

Bond yields soften after RBI hits pause on rate hike

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Bond markets rallied on Thursday and the yield on the 10-year benchmark government security (G-Sec) softened by 8 basis points (bps) to 7.2...
Finance

It’s just a pause, not a pivot, says Shaktikanta Das on RBI’s status quo

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The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Thursday unanimously decided to keep the policy repo rate...
Finance

Centre notifies committee on pension schemes for govt employees

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The Centre, on Thursday, notified the committee headed by Finance Secretary TV Somanathan to take a deep dive into the issue of pension...
Finance

Sebi asks investment advisers to display info prominently in advertisements

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To bring more transparency, Sebi on Thursday asked investment advisers and research analysts to prominently display information, including their name registered with the...
Finance

RBI allows rupee non-deliverable forex derivative contracts to residents

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RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%RBI MPC: Here is what experts have to say...
Finance

After Credit Suisse wipeout, AT1 bonds make a return in the global market

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What are AT1 bonds, and why are Credit Suisse's worth $17 bn now wiped out?Banks tier II bond issuance surges 3.5 times in...
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