Community & General News
More than 200% growth in digital payment volume in last four years since FY 2018-19
14 February 2023 at 08:59For 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.
RBI: Blockchain Technology (BCT) is one of many promising technologies
08 February 2023 at 08:50The 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.
CBDC: e₹-R is in the form of digital token that represents legal tender
07 February 2023 at 08:37The Reserve Bank of India (RBI) launched the first pilot of Digital Rupee- Retail segment (e₹-R) on December 01, 2022. T
RBI framework for invoicing and payments for international trade in Indian Rupee
07 February 2023 at 08:34The Reserve Bank of India (RBI) has allowed invoicing and payments for international trade in Indian Rupee vide A.P (DIR Series) Circular No. 10 RBI/2022-2023/90 dated 11.07.2022 on "International Trade Settlement in Indian Rupees (INR)"
RBI releases 2022 list of Domestic Systemically Important Banks (D-SIBs)
04 January 2023 at 08:45State Bank of India, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2021 list of D-SIBs.
More than 12 lakh loans extended in rural areas between April, 2020 and November, 2022
13 December 2022 at 08:44As per the data provided by Public Sector Banks, more than 12 lakh loans have been extended in rural areas across the country, after the Covid period i.e. from April, 2020 to November, 2022.
CBDC pilot launched by RBI in retail segment has components based on blockchain technology
13 December 2022 at 08:44Central Bank Digital Currency (CBDC) pilot launched by RBI in retail segment has components based on blockchain technology
Over 37.76 crore loans disbursed under Pradhan Mantri Mudra Yojana so far
13 December 2022 at 08:44More than 37.76 crore loans amounting to over Rs. 20.43 lakh crore disbursed since inception of Pradhan Mantri Mudra Yojana
1st G20 Central Bank Deputies meet in Bengaluru - Finance Track in focus
12 December 2022 at 08:381st Finance & Central Bank Deputies Meeting under the G20 Presidency of India scheduled in Bengaluru on Tuesday
RBI hikes repo rate by 35 basis points to 6.25%
07 December 2022 at 10:27The Reserve Bank of India (RBI) raised its key lending rate by 35 basis points on Wednesday as inflation continues to stay above the central bank's tolerance band.
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