RBI launches survey on International Trade in Banking Services

Jul 04, 2022

Mumbai (Maharashtra) [India], July 4 : The Reserve Bank of India (RBI) on Monday said it has launched the 2021-22 round of its survey...

24/7 online and mobile banking may heighten vulnerabilities and liquidity crisis for banks: RBI DG Swaminathan J

Aug 14, 2024

Online banking services like Internet banking and mobile banking may increase the chances of liquidity crisis during periods of stress, highlights RBI Deputy Governor...

International sanctions on banking sector affect trade: Head of Afghan business council in UAE

Dec 04, 2023

The head of the Afghan business council in the UAE, Haji Obaidullah Sader Khail has said international sanctions on the Afghan banking sector affect...

SATYA MicroCapital Limited Secures Rs 500 Cr (USD 60Mn) Debt Funding from Japan Based Sumitomo Mitsui Banking Corporation

Sep 30, 2023

New Delhi [India], September 30: RBI registered NBFC-MFI, SATYA MicroCapital Limited has successfully raised Rs 500 Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation...

RBI sets up mechanism to settle international trade payments in rupees

Jul 11, 2022

Mumbai (Maharashtra) [India], July 11 : The Reserve Bank of India (RBI) on Monday announced a mechanism to settle payments for international trade in...

India's Jan-March current account deficit narrows to 0.2 pc of GDP

Jun 27, 2023

India's current account deficit narrowed sharply in the January-March 2023 quarter, RBI data showed on Tuesday, attributable to a moderation in the trade deficit...