RBI recently proposed to allow small finance banks (SFBs) to extend pre-sanctioned credit lines through Unified Payments ...
Geopolitical instability also influenced gold prices. Given the ongoing uncertainties globally, it is unlikely this trend ...
RBI Deputy Governor warns of decreased savings due to BNPL and credit card usage. These trends challenge monetary policy.
The “buy now, pay later” (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations, said Michael Debabrata Patra, Deputy Governor, ...