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RBI lowers quarter-wise inflation forecast for FY25, holds key rate steady
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RBI lowers quarter-wise inflation forecast for FY25, holds key rate steady

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Friday lowered its consumer price index (CPI) inflation forecast for the first, second, and the fourth quarter of…
Posted by Xavier April 5, 2024
Paytm Crackdown Signals More RBI Scrutiny on India Banks
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Paytm Crackdown Signals More RBI Scrutiny on India Banks

For Indian regulators seeking to crack down on potential fraud in the financial sector, Paytm may just be the beginning.India stunned investors last month by abruptly suspending most activities of…
Posted by Xavier February 21, 2024
eRupee CBDC to Support Offline Payments, Programmability Tweaks: RBI Governor
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eRupee CBDC to Support Offline Payments, Programmability Tweaks: RBI Governor

The Reserve Bank of India (RBI) is looking to adopt offline strategies to ensure that the eRupee CBDC enters the financial system of rural and remote parts of India. RBI…
Posted by Xavier February 8, 2024
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