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RBI: RBI's dollar purchases in Feb highest since June 2021

In January, the RBI had net purchased $1.9 billion in the spot market, the central bank s April 2023 Bulletin showed. In February, the RBI did not sell US dollars in the currency market. ....

Reserve Bank , Central Bank , Currency Market ,

Prosus-backed PayU gets India cenbank nod to operate as payment aggregator

India Business News: PayU Payments, supported by Prosus, obtains RBI's in-principle approval, emphasizing compliance and governance. It operates as a payment gateway, offe ....

Anirban Mukherjee , Prosus Backed Payu Payments , Reserve Bank , Tiger Global Backed Razorpay , Business News , Payment Aggregator ,

RBI Bulletin: Factors Set to Propel India As Third-Largest Economy Globally

India’s recent economic growth has caught the attention of financial institutions like the IMF, leading to optimistic projections…….
- Newsx ....

Jan Dhan , Unified Payments Interface , Third Largest Economy ,

RBI: Taking a loan? This small paper can save you big

Borrowers are baffled and confused when signing loan documents. These documents have critical clauses scattered all across. The terms, too, are written unclearly. Now RBI has introduced a significant change in how these documents will be written. ....

Apurva Palande , Bajaj Finance , Terms And Conditions , Interest Rate ,

Price rise is a pet peeve for voters. Can it shape poll results, too?

Nearly one in four Indians said in a pre-poll survey that price rise would be the most important issue while voting this time. The government has claimed success against inflation, but it sure is nervous, as recent price cuts suggest. ....

Renu Kohli , Madan Sabnavis , Centre For , Centre For The Study Of Developing Societies , Economic Progress , Developing Societies , Plain Facts , Food Prices , Food Inflation , Poll Results , Price Rise , Lok Sabha Elections ,