Reserve Bank of India (RBI)

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Cheer for UPI Lite users! RBI announces introduction of auto-replenishment of UPI Lite Wallet – Times of India
June 7, 2024

Cheer for UPI Lite users! RBI announces introduction of auto-replenishment

UPI Lite was introduced in September 2022 to enable small value payments. Cheer for UPI
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“Not Out Of The Woods Yet”: RBI On Inflation
November 17, 2023

“Not Out Of The Woods Yet”: RBI On Inflation

The central bank expects inflation to average 5.4% in 2023-24. Mumbai: India is not home-free
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RBI Authorises Bandhan Bank For Disbursing Civil Pension
August 29, 2023

RBI Authorises Bandhan Bank For Disbursing Civil Pension

New Delhi: Private sector lender Bandhan Bank on Tuesday said it has been appointed by
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No TCS On International Credit Card Spends Abroad: Centre Scraps New Rule
July 1, 2023

No TCS On International Credit Card Spends Abroad: Centre Scraps

International credit card spends abroad will not attract Tax Collected at Source or TCS. New
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RBI Permits Banks To Issue RuPay Prepaid Forex Cards
June 8, 2023

RBI Permits Banks To Issue RuPay Prepaid Forex Cards

RuPay Debit, Credit, and Prepaid Cards will be enabled for issuance in foreign jurisdictions Mumbai:
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RBI’s Upcoming Payment System Is No-Frills, Lightweight: 5 Facts
May 31, 2023

RBI’s Upcoming Payment System Is No-Frills, Lightweight: 5 Facts

The new system will be resilient to disruptions and easier to use in remote areas.
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