You can now make card-less deposits via UPI

April 6, 2024

The Reserve Bank of India (RBI) has introduced a new system allowing users to make payments from prepaid payment instruments through third-party applications and deposit cash at ATMs using UPI. This move will enhance customer convenience and make the currency handling process at banks more efficient.

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FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday Kotak

Uday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned that repayments including interest could reach $160-170

October 27, 2026

Global Market Today: Wall Street gains lift Asian stocks as Fed decision looms

Gauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for US stocks also climbed

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