RBI is proposing regulatory measures to strengthen digital payments; the new platform aims to enhance security for customers, banks & financial entities however it's unclear how it will benefit financial organisations and customers.

Governor Shaktikanta Das announced the second bi-monthly monetary policy for the financial year 2024-25 at 10 am on Friday. The RBI's repo rate, is currently held at 6.50 per cent, unchanged since February 2023.