The service is available in Singapore via DBS and Liquid Group, and in India via Axis Bank, DBS India, ICICI Bank, Indian Bank, Indian Overseas Bank and State Bank of India.
February 21, 2023The RBI also decided to restore pre-pandemic market hours for G-secs and release new guidelines on climate risk and sustainable finance "in a phased manner".
February 9, 2023To date, resistant entities in India have not been permitted to hedge their gold price exposures in overseas markets.
December 13, 2022SEBI will scrutinise firms offering algorithmic trading services that claim high returns but cannot be audited or validated.
September 27, 2022Regulated entities must ensure they and their agents do not resort to intimidation or harassment of any kind against any person in their debt collection efforts.
August 16, 2022The RBI and Bank Indonesia will cooperate in areas such as cross-border payments, digital innovation, and AML/CFT.
July 20, 2022The RBI's directions are expected to curb frauds like card skimming and cloning. The UPI will be used for customer authorisation.
May 26, 2022The RBI also increased the cash reserve ratio, the percentage of cash that banks need to keep in reserve against their total deposits.
May 6, 2022RBI governor Shaktikanta Das said the underlying focus of the innovation hub will be to promote inclusive access to financial services and products.
March 28, 2022UPI-based instant payments can be enabled on some 400 million feature phones in India that do not have an internet connection.
March 15, 2022