Indian banks can issue Rupay prepaid forex cards: RBI Governor Shaktikanta Das – Times of India

[ad_1] NEW DELHI: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has announced a significant development regarding Rupay prepaid foreign exchange (forex) cards for Indian travelers going abroad.Announcing the decision of the MPC that met for three days from June 6 – 8, RBI Governor Shaktikanta Das said the Rupay debit … Read more

RBI MPC Meet LIVE: When, Where And How To Watch Shaktikanta Das Address

[ad_1] RBI Monetary Policy Committee Meet Live: When, Where & How to Watch Shaktikanta Das Address RBI press conference. (File photo) RBI governor will address a press conference at 12:00 pm on Thursday. The Reserve Bank of India’s rate-setting monetary policy panel began deliberations on Tuesday amid expectations that the central bank will keep the … Read more

RBI likely to hike benchmark interest rate by 25 bps on April 6 – Times of India

[ad_1] MUMBAI:Under pressure to bring down retail inflation and keep pace with global peers, the Reserve Bank may go in for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May 2022, at the bi-monthly policy to be unveiled on Thursday.The Monetary Policy Committee … Read more