RBI governor Sanjay Malhotra has said that the central bank is working to make cross-border payments “more efficient”.

The Reserve Bank of India (RBI) will continue to promote innovations in payment systems with soft touch regulations and ...

In domestic payments, the success of UPI has propelled India to a leadership position with a share of 48.5 per cent in global real-time payments by volumes, stated Sanjay Malhotra, Governor, Reserve ...

Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative ...

Sanjay Malhotra, the new Reserve Bank of India governor, is right to unwind some of his predecessor’s hawkish controls on a ...

RBI Governor Sanjay Malhotra discussed plans to promote cross-border digital payments through innovation and soft-touch regulations. The initiative aims to make transactions more efficient and create ...

Merchant payments now account for around 62 percent of all UPI transactions, up from 40 percent in January 2022 ...

The RBI is frequently criticized for being against innovation. The former RBI Governor previously warned that crypto poses a ...

Malhotra's latest comments will likely provide relief to the industry hit hard by a crackdown on errant firms under his ...

The Reserve Bank will continue to promote innovations in payment systems with soft touch regulations within regulatory ...

The RBI will also continue its engagement in a multilateral project called Project Nexus, to enable instant cross-border ...

RBI Governor Sanjay Malhotra highlights plans for promoting payment system innovation with soft-touch regulations and expanding UPI for efficient cross-border payments during Digital Payments ...