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...

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...

IMF approves USD 156 million for Cameroon to finance COVID-19 response

Oct 22, 2020

Washington [US], October 22 (ANI/Sputnik): Cameroon will receive emergency aid totalling USD 156 million to help cover a shortfall in the nation's budget and...

India's current account deficit widens in July-September quarter: RBI data

Dec 29, 2022

India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD...