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Based on the feedback received on a consultative document on microfinance loan regulation that was issued for public comment on June 14, 2021, the...
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Based on the feedback received on a consultative document on microfinance loan regulation that was issued for public comment on June 14, 2021, the...
In a financial system network, the component financial institutions have bilateral links amongst themselves in the form of loans to, investments in, or deposits...
UCBs are now permitted by the RBI to raise share capital, by way of issue of shares to persons and issue of additional shares...
Shaktikanta Das, Governor of the Reserve Bank of India (RBI), launched a new unique payments interface (UPI) for feature phones on Tuesday to accelerate...
There has been an increase in the use of digital payment methods in recent years. This gained traction during the Covid-induced lockdowns. As the...
Maharashtra & Karnataka account for 40% of country’s transactions; Maharashtra for 25%: The cash in circulation (CIC) is the total of cash with...
The Reserve Bank of India has advised that the investment made for subscribing to the capital of the Umbrella Organization (UO) of the UCB...
RBI has in a communication to all non-banking financial companies said that it has been decided that NBFCs – middle Layer and NBFCs –...
We are building focus on technology and digital: FM The 25th meeting of the Financial Stability and Development Council (FSDC) was held in Mumbai...
The RBI announced on Thursday that the Export-Import Bank of India (Exim Bank) has extended a line of credit of $50 million to the...