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RBI may introduce CBDC in call money market soon

The Reserve Bank is planning to extend wholesale Central Bank Digital Currency (CBDC) for transactions for interbank borrowing or call money market, sources said on Tuesday. Illustration: Dominic......

Daily UPI transactions jump 50% to 36 crore: RBI governor

Reserve Bank of India governor Shaktikanta Das on Monday said payments through UPI (unified payment interface) have grown exponentially in the past 12 months with daily transactions crossing 36......

Card-less cash withdrawal to be enabled at all ATMs soon, says RBI

In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawal through ATMs. IMAGE: Kindly note that this image has been posted for......

Why Should Govt Be In Fintech?

The temptation to get into businesses that are hot is perhaps too great for any politician, no matter what his public slogans are.Nehru plunged into hot sectors of his time -- engineering and iron......

Digital payment transactions recover; UPI hits record high

Among digital payment platforms, FASTag had seen the maximum impact of the localised lockdowns. Illustration: Dominic Xavier/Rediff.com Unified Payments Interface (UPI), the flagship payments......

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