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RBI outlines rules for payment aggregators
The new draft guidelines requires PAs to follow stricter Know Your Customer (KYC) norms for merchants they onboard
Interoperable payment system for internet banking in 2024
It’ll facilitate quicker settlement of funds for merchants: RBI Guv
RBI blocks IIFL Fin from gold loan biz
Mumbai: The Reserve Bank on Monday barred IIFL Finance with immediate effect from sanctioning or disbursing gold loans after certain material...
Forex reserves up by $2.975 bn to $619 bn
India’s forex reserves jumped by $2.975 billion to $619.072 billion for the week ended February 23, the Reserve Bank said on Friday. In the previous...
Re falls 8ps to 83.06/$
Mumbai: The rupee depreciated 8paise to settle at 83.06 against the US dollar on Monday, as strengthening American currency overseas and negative...
Global mkts mixed as Fed begins policy meetings
Japan’s Nikkei 225, Australia’s S&P/ASX 200, India’s Sensex and USA’s Dow Jones Industrial Average made gains while many other markets across world...
Money markets to open at 2.30 pm on Jan 22
Mumbai: The Reserve Bank on Friday said money markets will open at 2.30 pm instead of 9 am on January 22, with the government announcing a half-day...
Forex reserves jump $2.75 bn to $623.2 bn
India’s forex reserves jumped by $2.759 billion to $623.2 billion in the week ended December 29, the Reserve Bank said on Friday
