RBI
Mar 20, 2023
New Delhi: The Ministry of Finance has clarified that the banks are at liberty in filling the Automated Teller Machines or ATMs with 100, 500 and 2000 denominations and no instructions were issued in...
Feb 08, 2023
The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the Monetary Policy statement on Wednesday, February 8, 2023, increasing the repo rate by 25 basis points.
Dec 02, 2022
Indians working abroad are on track to send a record of money this year, boosting India's finances to retain its position as the world’s top recipient of remittances.
Nov 29, 2022
Mumbai: Reserve Bank of India (RBI) will launch India’s first pilot for retail e-rupee or retail digital rupee (e₹) or E-Rupee on December 01, 2022, the central bank announced on Tuesday.
Nov 27, 2022
Banks across the country will be closed for up to 14 days in the next month.It includes the second and fourth Saturdays, as well as Sundays. Apart from the weekly offs, banks will remain closed in...
Nov 18, 2022
As per the Reserve Bank Of India circular banks across the country will be closed for 13 days in the last month of the year 2022.
Nov 08, 2022
New Delhi: On this day in November 2016, Prime Minister Narendra Modi announced that the currency notes of Rs 500 and Rs 1000 "will not be legal tender from midnight tonight" and these will be "just...
Nov 07, 2022
Hyderabad: Telangana minister KTR stated that the Demonetisation, which was announced by PM Narendra Modi’s government on November 8, 2016, was a colossal failure and crippled the growing Indian...
Sep 13, 2022
Hyderabad The Telangana Finance Minister T Harish Rao on Tuesday claimed that Centre owes over Rs 1 lakh crore to the state in the form of pending funds, grants, and compensation.
Sep 09, 2022
The Reserve Bank of India has released an Alert List including the names of applications and businesses that have not been authorised to deal in currency or run electronic trading platforms for FX...
Aug 24, 2022
Reserve Bank of India mandates that all credit and debit card information used for online transactions and payments be replaced by independent tokens by September 30, 2022.
Jul 25, 2022
The Reserve Bank of India (RBI) released for the month of August, a list of days on which banks will be closed on account of national or regional festivals, and days of special observance.
Jun 28, 2022
Ever since the Rupee has hit an all time low in terms of its dollar value, many news articles have discussed the potential impacts businesses, industries and organisations may have to face due to the...
May 05, 2022
RBI Repo Rate Hike: After the Reserve Bank of India (RBI) upped the repo rate by 40 basis points (bps) on Wednesday, both existing and new retail borrowers would no
May 04, 2022
Reserve Bank of India (RBI) on Wednesday raised the key interest rate by 40 basis points to 4.40 percent with immediate effect.
Apr 25, 2022
RBI's New Rules For Credit, Debit Cards: The Reserve Bank of India (RBI) has instructed credit card issuers not to issue unsolicited credit cards
Apr 09, 2022
Cardless Cash Withdrawals Through ATMs via UPI: To prevent fraud, the Reserve Bank of India agreed on Friday to enable all banks to use card-less
Mar 27, 2022
Banking services may be hit partially on Monday and Tuesday as a section of bank employees' unions has supported the two-day nationwide general strike called by trade unions to be held from March 28-...
Mar 14, 2022
Financial News: Paytm Payments Bank has been ordered by the RBI to halt the onboarding of new customers immediately.
Mar 02, 2022
HYDERABAD: Paying school fees online came with a hidden cost for the parents who learned digital payments the hard way.
Feb 01, 2022
NEW DELHI: Finance Minister Nirmala Sitharaman has announced the launch of the 'Digital Rupee' under the auspices of the Reserve Bank of India in 2022-23 to boost the Indian economy.
Dec 22, 2021
The Indian Banks' Association, a lobbying group for banks, has previously requested an extension of the tokenization deadline from the RBI. Aside from that, other banks have asked the regulator to...
Dec 18, 2021
Hyderabad: The government of Andhra Pradesh has devised a programme to empower farmers and uplift them in society by providing them with better access to financial services.
Dec 16, 2021
The global economy is still troubled by uncertainty, with the Omicron variant of COVID-19 prompting further containment measures, according to the RBI.
Dec 13, 2021
Bank Deposit Insurance Cover Increased: The government has increased the bank deposit insurance cover from Rs 1 lakh to Rs 5 lakh, according to Union Commerce and Industry Minister Piyush Goyal.
Nov 23, 2021
The Reserve Bank of India warned the public on Monday against co-operative societies using the word "bank" in their names or accepting deposits from persons who are not members.
Sep 24, 2021
Hyderabad: There's a chance you'll have to do it manually if you've set up e-mandate instructions for auto-debit of payments like EMIs for house loans or other regular payments from your bank...
Sep 14, 2021
RBI: NBFCs and payment system operators that want to get an Aadhaar e-KYC authentication licence can apply to the RBI, according to the central bank.
Aug 28, 2021
RBI: With effect from September 1, the Reserve Bank of India (RBI) increased the incentive for banks to distribute coins to the general public to Rs 65 per bag.
Aug 12, 2021
After the Reserve Bank of India (RBI) announced a fine of Rs 10,000 for each instance of an ATM being out of cash, there are mixed reactions from the netizens.
Jul 29, 2021
It felt like only yesterday that we rang in the new year and we are already in July! The month of August is not far away.
Jul 27, 2021
New Delhi: Starting August 1, a few rules will change. The Reserve Bank of India has made adjustments to salaries, pensions, and dividends (RBI). ATM interchange fees may rise.
Jul 05, 2021
Interest on FDs: In the banking sector, there is a lot we don't know. Employees in banks do not have the time to explain things elaborately.
Jun 30, 2021
Bank Holidays in July 2021: The month of July is a day away, and the Reserve Bank of India (RBI) has announced the dates when public and private banking services will be closed.
Jun 11, 2021
New Delhi: The cost of withdrawing money from an ATM in India has risen.
Jun 05, 2021
In the aftermath of the Corona Second Wave, the Reserve Bank of India (RBI) has made a major decision on key interest rates. In accordance with the larger forecast, the RBI has kept key interest...
May 27, 2021
The Reserve Bank of India (RBI) stated that India's economy has not moderated to the extent it was during the first wave, but uncertainties can act as a deterrent in short term.
May 15, 2021
E-commerce platform Amazon has announced that it will no longer offer monthly Prime membership in India. The company will now be offering only three-month and annual Prime membership benefits.
Mar 23, 2021
Supreme Court took a major decision on Tuesday in which they announced that the court will not be interfering with the Centre and RBI's loan moratorium policy. Furthermore, they refused to extend the...
Jan 20, 2021
Have the government and RBI done enough to bail out the economy - and, by implication real estate? After all, the realty industry remains one of the most precise bellwethers of the state of India's...
Dec 03, 2020
On December 2, the Reserve bank of India issued an order to HDFC bank. RBI has ordered HDFC to put a halt on all the Digital business generating activities and not to source credit cards to new...
Dec 01, 2020
A list of holidays is very important when it comes to banks. People will have to plan their visit. The holidays and dates when the banks are closed will depend on each state. The dates may differ...
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