ATMs are equipped with a mechanism that automatically retrieves unattended currency notes. (AI image) ATM cash retraction new rules: The Reserve Bank of India has now partly reversed its January 2012 directive that had mandated disabling of cash retraction in ATMs. The original decision was taken to prevent fraudulent activities at ATMs.ATMs are equipped with…
<p style="text-align: justify;"><strong>RBI MPC:</strong> रिजर्व बैंक ऑफ इंडिया की मौद्रिक नीति समिति की बैठक 4 दिसंबर से चल रही है और गुरुवार 6 दिसंबर को इसकी मौद्रिक नीति का ऐलान होगा. रिजर्व बैंक के गवर्नर शक्तिकांत दास के लिए ये क्रेडिट पॉलिसी काफी अहम रहने वाली है. इसमें महंगाई की चिंताओं और दूसरी तिमाही में…
UPI Limit: रिजर्व बैंक ऑफ इंडिया ने बुधवार को यूपीआई इस्तेमाल करने वालों को अच्छा तोहफा दिया है. आरबीआई ने घोषणा की है कि यूपीआई लाइट के जरिए ऑफलाइन डिजिटल पेमेंट की लिमिट को बढ़ाया जा चुका है. इसके तहत यूपीआई वॉलेट की लिमिट को 2000 रुपये से बढ़ाकर 5000 रुपये किया जा रहा है….
MUMBAI: The Reserve Bank of India (RBI) on Wednesday announced an increase in the transaction limit for offline digital payments made through UPI Lite. The changes, with an immediate effect, raise the per-transaction limit from Rs 500 to Rs 1,000 and the overall limit from Rs 2,000 to Rs 5,000. UPI Lite is a streamlined…
The slump in growth has also sharpened the debate over whether the central bank is doing enough to support the world’s fastest-growing major economy. One of India’s worst GDP growth misses in recent memory is suddenly adding more pressure on central bank Governor Shaktikanta Das, who still hasn’t gotten an extension even though his term…
NEW DELHI: A panel with representatives from the Reserve Bank of India (RBI), central and state governments, and academia has been formed to update the base year for calculating Gross Domestic Product (GDP) to 2022-23 from 2011-12, the government informed Parliament on Monday. Minister of state for statistics & programme implementation, Rao Inderjit Singh, said…
Even as “there are headwinds from a stronger dollar and higher US Treasury yields, the ongoing bond index inclusion flows are likely to provide sustained solid passive support to Indian bonds. (AI image) Indian bonds are set for the best year in four and investors expect more gains on a combination of policy drivers and…
In December 2024, banks will be closed for various occasions apart from every Sunday and second and fourth Saturdays. Bank Holidays December 2024: Banks will be closed for several days during December 2024 for various regional and national holidays. The Reserve Bank of India’s website provides detailed information about these holidays, which vary by state.In…
December Financial Change: दिसंबर का महीना आने वाला है और साल का आखिरी महीना होने के साथ-साथ ये कई आर्थिक और वित्तीय कामों के लिहाज से भी अहम है. इसमें सबसे अहम रिजर्व बैंक की मौद्रिक नीति समिति की होने वाली बैठक है. इसके बाद आधार को फ्री में अपडेट करने के साथ एडवांस टैक्स…
BENGALURU: Unauthorised lending is an issue that is bothering victims, lenders and authority alike. Encouraging awareness and digital literacy has emerged to be the only solution in the immediate horizon alongside consistent auditing of online app marketplace, industry participants told TOI.A recent survey conducted by the Fintech Association for Consumer Empowerment (FACE) and Grant Thornton…