In a significant move to promote small-value digital payments, the Reserve Bank of India (RBI) has revised the framework for facilitating offline payments under UPI Lite.
Pilot Project launched under PMIS to provide 1.25 lakh internship opportunities in the FY 2024-25.
98.08% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned
IntroductionIn October 2024, Unified Payments Interface (UPI) achieved a historic milestone by processing 16.58 billion financial transactions in a single month, underscoring its pivotal role in India's digital transformation.
Banks are freezing accounts for those receiving government funds i.e., Direct Benefit Transfer (DBT) funds such as subsidies, pensions, etc. due to lack of KYC...
The Ministry of Finance, Department of Economic Affairs, has officially announced the appointment of Shri K. Sanjay Murthy as the Comptroller and Auditor General (CAG) of India.
RBI cautions public on deepfake videos of Top Management circulated over social media giving financial advice
SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) under the same bucketing structure as in the 2023 list of D-SIBs.
98.04% of the Rs 2000 banknotes in circulation as on May 19, 2023, has been returned.
The Reserve Bank of India (RBI) has added the following entities/platforms/websites to the Alert List of unauthorised forex trading platforms.
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