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RBI

RBI Increases UPI Lite Wallet and Transaction Limits

The Reserve Bank of India (RBI) has raised the UPI Lite wallet limit from ₹2,000 to ₹5,000, which...

📅 December 6, 2024

India and Maldives Enhance Currency Cooperation

The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) have recently signed a very important...

📅 November 23, 2024

Currency Demand Paradox

The currency demand paradox, often referred to as the “paradox of banknotes,” is a phenomenon where the value...

📅 June 1, 2023

Lightweight Payment and Settlement System

The Reserve Bank of India (RBI) is paving the way for a lightweight payment and settlements system, which...

📅 May 31, 2023

RBI gives licenses for 32 payment aggregators

Payment Aggregator is a third-party payment solution provider. For instance, you use YONO SBI to shop on Amazon....

📅 February 16, 2023

HARBINGER 2023: RBI announces 2nd global hackathon

The Reserve Bank of India recently announced the “HARBINGER-2023”. It is a hackathon. The theme of the hackathon...

📅 February 16, 2023

MobiKwik launches UPI Payment with RuPay Credit Card

UPI allows users to use multiple bank accounts on the same platform. Till 2022, credit cards couldn’t be...

📅 February 11, 2023

RBI expands scope of TReDS platform

The TReDS is Trade Receivables Discounting System. It facilitates finances for MSMEs. The major drawback of the MSME...

📅 February 10, 2023

RBI,SEBI,and NSE Actions after Adani Row

After the Hindenburg report, Gautham Adani who was the second richest person in the world slipped to the...

📅 February 3, 2023

Maiden Tranche of Sovereign Green Bonds

The Government of India issues bonds to support environmental projects. These bonds that bring in resources to implement...

📅 January 26, 2023

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