What is MDR that is being proposed for UPI transactions, who pays the final cost? Explained

If an MDR is introduced in the future it will only be applicable to a limited…

RBI guv asks banks to build meaningful human oversight, says blaming technology is ‘unacceptable’

RBI guv tells banks to build meaningful human oversight into AI Banks must ensure that humans…

Consumers already bearing UPI costs through broader economy: RBI governor Sanjay Malhotra

Reserve Bank of India (RBI) Governor Sanjay Malhotra gestures on MPC policy NEW DELHI: RBI governor…

‘Someone has to pay the cost’: RBI governor on MDR proposal for UPI transactions above Rs 2,000

UPI: Government is also expected to prescribe an upper limit on the maximum MDR that can…

US-Iran conflict, El Nino: Why RBI did not hike repo rate despite headwinds

RBI decided not to hike the repo rate, and the policy statement clearly explains the rationale.…

Will India finally get plastic banknotes? RBI’s polymer currency plan explained

NEW DELHI: Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank is…

Rupee rallies strongly after RBI announces new measures to attract foreign investors amid Middle East conflict

As widely anticipated, the Reserve Bank left interest rates unchanged for a second consecutive policy meeting.…

Rupee under strain! Will the Indian currency continue its free fall against US dollar or recover?

If the rupee had a fitness tracker, 2026 would probably show it running a marathon uphill.…

Cruise Boat Capsized: Crew ‘abandoned’ cruise before it sank, no life jackets given, claims Bargi Dam survivor | Bhopal News

BARGI (JABALPUR): A survivor of the Bargi Dam cruise accident has alleged that the boat’s pilot…