Others News

More than 200% growth in digital payment volume in last four years since FY 2018-19
Posted in Others on 14 February 2023
For promotion of digital payments, Ministry of Electronics and Information Technology (MeitY) has introduced the Incentive Scheme for promotion of RuPay Debit C..
RBI: Blockchain Technology (BCT) is one of many promising technologies
Posted in Others on 08 February 2023
The Reserve Bank of India (RBI) has informed that Blockchain Technology (BCT) is one of many promising technologies and its usefulness will depend on how it is ..
CBDC: e₹-R is in the form of digital token that represents legal tender
Posted in Others on 07 February 2023
The Reserve Bank of India (RBI) launched the first pilot of Digital Rupee- Retail segment (e₹-R) on December 01, 2022. T..
RBI framework for invoicing and payments for international trade in Indian Rupee
Posted in Others on 07 February 2023
The Reserve Bank of India (RBI) has allowed invoicing and payments for international trade in Indian Rupee vide A.P (DIR Series) Circular No. 10 RBI/2022-2023/9..
RBI releases 2022 list of Domestic Systemically Important Banks (D-SIBs)
Posted in Others on 04 January 2023
State Bank of India, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure a..
More than 12 lakh loans extended in rural areas between April, 2020 and November, 2022
Posted in Others on 13 December 2022
As per the data provided by Public Sector Banks, more than 12 lakh loans have been extended in rural areas across the country, after the Covid period i.e. from ..
CBDC pilot launched by RBI in retail segment has components based on blockchain technology
Posted in Others on 13 December 2022
Central Bank Digital Currency (CBDC) pilot launched by RBI in retail segment has components based on blockchain technology..
Over 37.76 crore loans disbursed under Pradhan Mantri Mudra Yojana so far
Posted in Others on 13 December 2022
More than 37.76 crore loans amounting to over Rs. 20.43 lakh crore disbursed since inception of Pradhan Mantri Mudra Yojana..
1st G20 Central Bank Deputies meet in Bengaluru - Finance Track in focus
Posted in Others on 12 December 2022
1st Finance & Central Bank Deputies Meeting under the G20 Presidency of India scheduled in Bengaluru on Tuesday..
RBI hikes repo rate by 35 basis points to 6.25%
Posted in Others on 07 December 2022
The Reserve Bank of India (RBI) raised its key lending rate by 35 basis points on Wednesday as inflation continues to stay above the central bank's tolerance ba..