The Reserve Bank of India (RBI) has raised the UPI Lite wallet limit from ₹2,000 to ₹5,000, which aims to encourage digital transactions. The new rules were announced...
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) have recently signed a very important agreement, which aims to facilitate transactions using local currencies. The...
The recent review on the performance of small finance banks has unveiled that all the priority sector targets allotted to them have been achieved and they have completely...
The Central Bank of any country sits at the top of its financial system and is assigned with the task of maintaining stability in the economy. Central Banks...
The latest stability report by RBI has stated that the financial system of the country is largely stable as the main issue of bad loans has been arrested....
The currency demand paradox, often referred to as the “paradox of banknotes,” is a phenomenon where the value of banknotes in circulation increases despite a decline in their...
The Reserve Bank of India (RBI) is paving the way for a lightweight payment and settlements system, which it aptly calls a “bunker.” The Purpose of the Lightweight...
Self-awareness refers to conscious knowledge of one’s own character, feelings, motives, and desires. It is the ability to examine and understand one’s own thoughts, emotions, behaviors and their...
Payment Aggregator is a third-party payment solution provider. For instance, you use YONO SBI to shop on Amazon. Therefore, SBI is an online payment aggregator. Recently, RBI issued...
The Reserve Bank of India recently announced the “HARBINGER-2023”. It is a hackathon. The theme of the hackathon is “Inclusive Digital Services”. Competitors from 22 different countries will...
