With the annual closing of accounts just 10 days away and the financial year 2022–23 coming to a close, the Reserve Bank of India (RBI) has directed all banks to keep their branches open until the end of the working hours on March 31.
Paradigm shift in digital transactions in India with growth of more than 200% in digital payment volume during the last four years since 2018-19
624.81 lakh National Pension System (NPS) subscribers, with Y-o-Y growth of 22.88%
Shri S.S. Dubey took charge as the Controller General of Accounts (CGA) here today. Shri Dubey is the 28th Controller General of Accounts (CGA), Ministry of Finance, Government of India.
Launched in 2016, UPI has emerged as the most popular and preferred payment mode in India pioneering Person to Person (P2P) as well as Person to Merchant (P2M) transactions in India accounting for 75% of the total digital payments.
The Reserve Bank of India on Wednesday launched two key surveys, results of which provide "useful inputs" for the central bank's bi-monthly monetary policy.
The Monthly Account of the Union Government of India upto the month of January, 2023 has been consolidated and reports published.
The Reserve Bank of India will take necessary steps to manage inflation within "expected limits,' Finance Minister Nirmala Sitharaman said at a post-budget industry event in Jaipur on Monday.
For promotion of digital payments, Ministry of Electronics and Information Technology (MeitY) has introduced the Incentive Scheme for promotion of RuPay Debit Cards and low-value BHIM-UPI transactions for the current financial year.
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 adopted and adapted to a wide array of uses.
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