Total Revenue Deficit Grant released to States so far in current financial year has gone up to Rs. 28733.67 crore
Inaugural Address by Governor, Shri Shaktikanta Das at the Statistics Day Conference on June 29, 2022
Reserve Bank of India encourages cardholders to tokenise their cardsCurrently, many entities, including merchants, involved in an online card transaction chain store card data like card number, expiry date, etc. [Card-on-File (CoF)] citing cardholder
Processing of e-mandates for recurring transactions
Banks are advised to carry out a review and place before their Boards, a comprehensive report on the status of compliance with the instructions within three months from the date of this circular.
Periodic review of existing regulations has been suggested for aligning them with evolving developments in the industry practices and financial landscape.
Inaugural Address By Governor, Shri Shaktikanta Das at the Annual Statistics Conference of the Department of Statistics and Information Management (DSIM), Reserve Bank of India in Guwahati on June 10, 2022
To begin with, the Rupay credit cards will be linked to the UPI platform. This will provide additional convenience to users and enhance the scope of digital payments.
Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 4.90 per cent with immediate effect.
RBI clarifies that there will be no change in existing Currency and Banknotes
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