RBI enhances limit of maximum balance for payments banks

Apr 07, 2021

Mumbai (Maharashtra) [India], April 7 : The Reserve Bank of India (RBI) on Wednesday enhanced the maximum end-of-day balance limit for payment banks from...

India's balance of payments shows improvement in Q1: 2023-24

Sep 28, 2023

One of the standout features of India's BoP in Q1: 2023-24 was the substantial narrowing of the Current Account Deficit (CAD). The CAD decreased...

India's balance of payments posts USD 45.4 billion surplus in August: RBI

Oct 15, 2026

India's overall balance of payments (BoP) recorded a surplus of USD 45.4 billion in August 2026, compared with a deficit of USD 5.6 billion...

Delay in IMF review team visit increases Pakistan's balance of payments difficulties: Report

Dec 23, 2022

The visit of the IMF monitoring mission scheduled for October end has been delayed amid the differences between Islamabad's commitment to the IMF on...

EnKash Introduces India's First Meal Card with UPI Payments

Jul 22, 2026

Mumbai (Maharashtra) [India], July 22: EnKash, India's leading business payments and spend management platform, today announced the launch of UPI-based payments on its Meal...

AI boom slowdown could shift balance-of-payments stress from Asia to US: Report

Aug 23, 2026

A slowdown in the global AI capital expenditure boom could trigger a reversal in capital flows, with Asian savings returning home and balance-of-payments pressures...