80pc of digital payments in India happen through UPI: RBI governor

Mar 04, 2024

The share of UPI in digital payments in India has reached close to 80 per cent in 2023, informed Reserve Bank of India (RBI)...

RBI imposes monetary penalty on 8 cooperative banks

Jan 24, 2022

Mumbai [India], January 24 : The Reserve Bank of India (RBI) on Monday imposed penalties on eight cooperative banks due to deficiencies in regulatory...

RBI imposes monetary penalty on Gauhati Co-operative Urban Bank

Jul 28, 2022

Mumbai (Maharashtra) [India], July 28 : The Reserve Bank of India (RBI) on Thursday said it has imposed a monetary penalty on Guwahati-based co-operative...

RBI imposes penalties on three housing finance companies for non-compliance with directions

Sep 07, 2024

The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies for non-compliance with directions of RBI on housing finance companies.

RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report

Jun 01, 2024

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI...

India accounts for nearly half of the global digital payments: RBI report

Jul 29, 2024

India holds 48.5 per cent share in the global real-time payments volume, according to the Reserve Bank of India (RBI) report released on Monday