MobiKwik makes news as the first fintech to fully launch India's CBDC (e₹) wallet with RBI and YES BANK, enabling seamless ...

In order to supply more bank notes to currency-starved rural branches of banks, the RBI has asked lenders to ... Tamil Nadu have been provided with a cashless mobile payment system, called the ...

UMFL has received in-principle approval from the RBI for setting up a small finance ... This was achieved by doing the first successful cashless disbursement to various beneficiaries in the ...

In November 2022, RBI launched a pilot project on Central Bank Digital Currency (CBDC ... 17 Jan 25 Indians visiting Dubai can use UPI to shop cashless at duty free shops... Indian tourists in the UAE ...

Also Read: RBI Policy: What should be investors’ strategy in stock, bond, and currency markets ahead of MPC’s repo rate decision? The rupee plunged 36 paise to close at an all-time low of 87. ...

The real focus will be on the RBI's future guidance, particularly their strategy for managing liquidity amidst currency depreciation. The RBI’s outlook on liquidity and currency will be crucial ...

The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a ...

The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over the partially convertible currency as a rampant U.S. dollar exerts relentless downward ...

The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low amid broad-based interbank dollar demand, three traders told Reuters.

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...