RBI mandates regulatory approval for non-bank PoS providers within 60 days to continue operations.
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N.K. Singh predicts global average debt to persist above pandemic levels for about half the world, affecting economic recovery.
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A recent Worldline India report shows UPI transactions continue to dominate the online payments mode. However, it saw a decrease in the average ticket size.
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Indian banks face the worst deposit crunch in 20 years, grappling with challenges amid economic uncertainties and financial instability.
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RBI survey: Consumers optimistic about economic situation, income, and employment prospects for the next year, indicating positive sentiment.
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RBI maintains repo rate at 6.5%, ensuring stability; no immediate impact on home loan EMIs, offering relief to borrowers.
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RBI Governor Shaktikanta Das states the RBI has evolved into a market economy enabler, reflecting its dynamic role in development.
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RBI Deputy Governor urges banks to practice prudent risk management, emphasizing the importance of cautious decision-making in financial operations.
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PM Narendra Modi reflects on RBI's 90-year journey, celebrates UPI success, and envisions global recognition for the rupee.
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RBI expected to maintain interest rates unchanged in upcoming April-June policy meetings, according to a report.
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The final edition of SIDBI ET MSME Conclave featured high-powered sessions, emphasizing the significance of clusters for MSMEs.
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RBI allows multiple changes to credit card billing cycle due date, granting users flexibility and control over their payment schedules.
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To handle the increase in the volume of transactions, RBI instructed banks handling government transactions to operate on Sunday, March 31, ensuring uninterrupted services to the public.
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