RBI Governor Shaktikanta Das said the contactless card limit was increased from Rs 2,000 to Rs 5,000. The Governor of the Reserve Bank of India (RBI), Shaktikanta Das, announced today that the central bank has increased the limit for contactless card payments from Rs 2,000 to Rs 5,000 per transaction. …
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MUMBAI: Clients will soon be able to transfer funds via real-time gross settlement (RTGS) which will be available 24 hours a day in the coming days, Reserve Bank of India (RBI) Governor Shaktikanta said on Friday. You give. “The RTGS system will soon go 24/7 in the next few days …
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Maintaining the status quo for the third time in a row, the Reserve Bank of India decided on Friday to keep the benchmark interest rate unchanged at 4%, but maintained an accommodative stance, implying further rate cuts to come. if the need arises to support the economy hit by the …
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MUMBAI: India’s sovereign bond market saw all its payers responded on Friday, even the silent ones. Reserve Bank of India (RBI) Governor Shaktikanta Das donned the hat of a bond whisperer by giving investors an unbridled commitment to support them. The RBI is now open to not only injecting more …
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MUMBAI: The Reserve Bank of India (RBI) said on Friday that it will introduce long-term repurchase operations (TLTROs) available for banks to borrow up to ₹1 trillion from the window and invest in corporate bonds and other debt instruments of certain sectors. Banks can also use these funds to make …
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