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atm deposits via upi: Prepaid payment instruments can now make payments and deposit cash via UPI

The Reserve Bank of India (RBI) has introduced a new system allowing users to make payments from prepaid payment instruments through third-party applications and deposit cash at ATMs using UPI. This move will enhance customer convenience and make the currency handling process at banks more efficient. ....

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RBI holds key rate steady on robust growth, above target inflation

The Indian central bank's key interest rate was kept unchanged for a seventh straight policy meeting on Friday as growth in the economy is expected .. ....

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RBI Says Exchange-Traded Currency Derivatives Were 'Misused' By Some

The Reserve Bank of India reiterated that there is no change in norms related to exchange-trade rupee derivatives, while underlining regulations under Foreign Exchange Management Act, 1999.

"This is something which every market player knew . If you read the past circulars very carefully, it has been always there. So, therefore, if somebody says it is new, it is not correct," Governor Shaktikanta Das said in the post-policy media briefing on Friday. ....

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