Apollo Hospitals pays Rs 17.77 crore, while five directors/officers pay Rs 18 lakh each after RBI compounds FEMA contraventions following ED's no-objection ... .
The central bank said the decision was taken as part of a review of its deposit interest rate directives issued in 2025 and will come into effect immediately ... .
According to industry executives, a pilot would help regulators evaluate whether wallet transactions decline sharply under the proposed limits and allow for course corrections before a wider rollout ... .