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Rupee hits record low on strong NDF dollar bids; RBI likely steps in
The Indian rupee weakened to an all-time low on Friday, hurt by persistently strong dollar demand in the non-deliverable forwards (NDF) market, while likely intervention by the Reserve Bank of India (RBI) capped the currency's losses.
Rupee hits record low against US Dollar, weakens past 85.50 mark
With the fall, the INR has broken below the psychologically key level of 85.50 for the first time, weakening for a ninth day in a row.
Rupee remains under pressure, hits record low of 85.28 vs $
The rupee continues to weaken against the dollar, hitting a record low of 85.26 due to elevated dollar index levels and cautious foreign institutional investors. The currency struggles with recovery amid global economic uncertainties and domestic macroeconomic challenges,
Fortune India
2h
RBI sounds alarm on unsecured loans; wants stricter oversight as risks persist
RBI says unsecured loans present "higher credit risk" and that its share in total credit of banks has been increasing since ...
39m
RBI allows PPI holders to have UPI transactions through mobile app of third-party UPI apps
RBI enables UPI payments for full-KYC PPIs through third-party UPI apps, amending provisions for seamless transactions.
Press Trust of India on MSN
29m
RBI allows PPI holders to make UPI payment using third-party apps
The Reserve Bank on Friday allowed prepaid payment instruments holders to make and receive UPI payments through third-party ...
devdiscourse
44m
RBI Greenlights UPI Payments via Prepaid Wallets
The Reserve Bank of India has authorized the use of prepaid payment instruments (PPIs) for UPI transactions on third-party ...
Fortune India
1h
Explained: What RBI's new UPI rules mean for linking e-wallets to 3rd-party apps
RBI's latest changes in regulations to allow UPI payments from full KYC digital wallets like bank account holders ...
13m
RBI allows UPI access through prepaid payment instruments for full-KYC third-party applications
This will enable PPI holders to make or receive UPI payments through the mobile application of third-party UPI applications.
3h
Don’t paint all of them with RBI’s brush: 7 stocks in the financial services sector with upside potential of up to 51%
Once again the RBI has issued warnings to banks and NBFCs to mend their ways. It is not the first time this has happened, nor ...
2h
'Manmohan Singh Outstanding In Every Role': EX RBI Governor Urjit Patel
Speaking to NDTV, former RBI Governor Urjit Patel said Manmohan Singh was rightly described as the architect of India's ...
Moneylife
2h
RBI Highlights Rising Risks in Unsecured Lending and Private Credit Markets
The Reserve Bank of India (RBI) has raised concerns about the growing risks associated with unsecured lending and private ...
Businessworld
2h
RBI Sets Up 8-member Committee To Recommend Framework For Ethical AI In Financial Sector
Reserve Bank of India has set up an eight-member committee, comprising experts from diverse fields, to recommend a Framework ...
4h
Ethical use of AI in financial sector: RBI sets up Committee, Prof Pushpak Bhattacharyya appointed chairperson
The Reserve Bank of India (RBI) has set up a Committee to develop a Framework for Responsible and Ethical Enablement of ...
7h
on MSN
What RBI has in store for banks and NBFCs: New regulation, lens on unsecured loans
The RBI report on banking trends and progress shows health of India’s banking system remained robust, with banks’ ...
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