Reserve Bank of India
Sep 13, 2023
New Delhi, Sep 13 (IANS) Reserve Bank of India (RBI) has issued guidelines for banks related to release of documents pertaining to movable and immovable property on full repayment of loans by...
Aug 14, 2023
New Delhi, Aug 14 (IANS) The Reserve Bank of India (RBI) will on August 17 launch a pilot project for a public tech platform, which will enable delivery of frictionless credit by facilitating...
Aug 10, 2023
Chennai, Aug 10 (IANS) The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) decision suck out over Rs one trillion from the system which will result in loss of income for the banks and...
Aug 01, 2023
Mumbai, Aug 1 (IANS) As the process for the withdrawal of the Rs 2000-currency notes continues, the RBI on Tuesday said that 88 per cent of the high-value denomination banknotes in circulation have...
Jul 27, 2023
New Delhi, July 27 (IANS) Amid speculations at emergence of bank notes having a star (*) symbol in the number panel, the Reserve Bank of India (RBI) on Thursday clarified that these are the same as...
Jun 16, 2023
Amaravati, June 15 (IANS) The Andhra Pradesh government on Thursday directed the Crime Investigation Department (CID) to attach the movable properties worth Rs 242 crore of Margadarsi Chit Fund...
Spike in counterfeit notes, people's choice may have contributed to withdrawal of Rs 2,000 banknotes
May 20, 2023
Chennai, May 20 (IANS) Factors like increase in counterfeiting of Rs 2,000 denomination banknotes, people preferring lower denomination notes may also be the reasons for the Reserve Bank of India (...
Mar 29, 2023
New Delhi: Are you using online payment services like Google Pay, PhonePe etc? So far, the online transactions were free but not anymore.
Mar 25, 2023
MUMBAI: According to the Reserve Bank of India Calendar there will be 15 bank holidays in the upcoming month of April. This includes second Saturdays, Sundays, holidays, and festival holidays.
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 08, 2022
Bengaluru: Post demonetisation Rs 2,000 notes were ubiquitous and the note also bothered many as getting a change was a herculean task for the people.
Jun 21, 2022
HDFC Bank and Union Bank of India have revised their fixed deposit rates for sums less than Rs 2 crores in light of the Reserve Bank of India's 50 basis point (bps) raise in repo rates at its...
Nov 29, 2021
Finance Minister Nirmala Sitharaman said on Monday in response to a question in the Lok Sabha that the government has no plans to recognize Bitcoin as a currency in India.
Aug 18, 2021
Not many know that one can make money through two Rupees coins minted during a series of years.
Dec 23, 2020
MUMBAI: The Reserve Bank of India (RBI) has release a note of caution about unauthorized digital lending platforms and apps promis
May 22, 2020
In an effort to ramp up economy which is likely to contract for the first time in over four decades, the Reserve Bank of India (RBI) on Friday slashed interest rates, extended moratorium on loan...
May 19, 2020
The SBI research report, named ‘Ecowrap’, said, “With the lockdown now extended up to May 31st, we expect the RBI to extend the moratorium by another three months.”
Apr 28, 2020
The Rupee opened higher against the US dollar but was weighed down after comments from the RBI governor
Mar 28, 2020
Be ready to pay higher interest on your outstanding loan if you decide not to pay EMIs on your home or auto loan for the next three months under a moratorium announced by by the Reserve Bank of India...
Mar 27, 2020
The time has now come for the Reserve Bank to unleash an array of instruments from its arsenal to mitigate the impact of Covid-19 and, above all, preserve financial stability
Oct 04, 2019
The Reserve Bank on Friday cut its benchmark lending rate by 0.25 percentage points to revive growth that has hit six-year low of 5 per cent
Sep 24, 2019
In a statement on Tuesday, the PMC Bank’s Managing Director (MD) Joy Thomas said the bank had been put under regulatory restrictions by the RBI
Apr 06, 2019
The reserves had increased by USD 1.029 billion to USD 406.667 billion.
Jan 21, 2019
Nepal’s central bank has announced the ban of Indian currency notes with denominations above Rs 100
Dec 25, 2018
The Reserve Bank of India (RBI) will soon introduce a new Rs 20 currency note with additional features, according to a document of the central bank.
Nov 29, 2018
A directive issued by the Reserve Bank of India (RBI) has asked the banks in the country...
Nov 19, 2018
The RBI’s crucial board meeting on Monday is expected to take up the liquidity crisis that initially triggered...
Nov 18, 2018
With headline inflation expected to remain benign in the second half of the current fiscal, a report on Monday said the Reserve Bank of India (RBI) is likely to keep repo rate, or the rate at which...
Nov 14, 2018
The Reserve Bank of India (RBI) would inject Rs 12,000 crore into the market by purchasing government securities on November 15, 2018.
Oct 31, 2018
The BSE benchmark Sensex dropped over 200 points Wednesday amid rising tension between the Reserve Bank of India and the government.
Oct 31, 2018
The rupee dropped by 40 paise to 74.08 against the US dollar in early trade Wednesday, amid increased demand of the American currencies from importers and sustained foreign fund outflows.
Jun 27, 2018
In 2010, the Reserve Bank of India ceased using a Tehran-based regional body, the Asian Clearing Union, to handle transactions with Iran. In January 2012
Jun 13, 2018
With both core and headline inflation only likely to face greater upside pressure from various factors in the coming months, we continue to expect one more 0.25 per cent rate hike from the RBI.
May 09, 2018
In a situation that is all too familiar to Indians now, ATMs across the country began to run dry last month. Only this time there was no obvious explanation for this. With no data at hand, myriad...
Apr 21, 2018
India’s foreign exchange (Forex) reserves increased by $1.21 billion as on April 13; India’s Foreign Exchange Reserves Up
Mar 18, 2018
The deficit widened to 2 per cent of gross domestic product, or $13.5 billion, up from 1.4 per cent, or $8.0 billion, in the corresponding period a year ago.
Mar 11, 2018
There are provisions for penal measures and criminal action against wilful defaulters as per the guidelines of Reserve Bank of India.
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