Cognida says its practical approach reduces AI implementation time from eight months to just 12 weeks, making AI adoption predictable and profitable
MPC maintained the policy stance at 'neutral', which gives flexibility to remain data dependent and respond to exigencies
Reserve Bank of India Governor Sanjay Malhotra announced the plan in the authority's policy statement Friday
RBI Monetary Policy Highlights: RBI Governor Sanjay Malhotra announced a 25 bps cut in the repo rate -- from 6.5% to 6.25%
The Reserve Bank of India cut its key interest rate for the first time in nearly five years and signalled a less restrictive policy approach, seeking to provide stimulus to a sluggish economy
The government in consultation with the RBI, has taken several steps towards increasing the availability and acceptability of the domestic currency and use of other local currencies for cross-border
Finance Secretary Tuhin Kanta Pandey has already indicated that the new Bill will not have provisos and explanations or long sentences. It will be tax neutral
Access to Negotiated Dealing System Order Matching (NDS-OM), at present is available to regulated entities and to the clients of banks
Repo rate is the interest rate at which the RBI lends money to commercial banks
Groups seek parity with what LIC employees earn, say salary revision due since 2022
Projected growth rate of India by RBI stands at 6.6% in FY25 and 6.7% in FY26
The Reserve Bank of India (RBI) announced the launch of two domains: '.bank.in' for all Indian banks and 'fin.in' for NBFCs
Consultative process in making regulations will continue: Sanjay Malhotra
Reduction in repo rate may lead to lowering of interest rates on home loans provided banks decide to pass on the benefits
Legislation to amend Income Tax Act, simplify language and procedures to reduce such disputes
The governor said the RBI is introducing an exclusive domain name for banks called 'bank.in', while for non-bank entities in the financial sector the domain name will be 'fin.in'
Optimism more pronounced in manufacturing and comparatively sedate in trading: SIDBI report
RBI Governor Sanjay Malhotra said registrations for 'bank.in' will commence from April 2025, and going forward 'fin.in' will be introduced
AFA is the use of more than one factor for authenticating a payment instruction and was previously mandated only for domestic transactions
RBI MPC: After keeping the benchmark repo rate unchanged at 6.5 per cent for eleven consecutive meetings, the Reserve Bank of India cut rates in its February 2025 meeting