Reserve Bank of India
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.
Feb 01, 2018
Industry experts urged the government to regulate, not curb, crypto currencies.
Jan 14, 2018
The government directive did not go down well with the mint workers who had started agitating because the order would have affected their pay.
Dec 20, 2017
The Reserve Bank of India (RBI) may either be holding back Rs 2,000 notes or could have stopped printing high denomination currency, says a SBI Research report.
Dec 04, 2017
The Reserve Bank of India (RBI) is expected to keep its key interest rate unchanged at its penultimate monetary policy review of the fiscal
Nov 19, 2017
The campaign will be in 14 languages -- Hindi, Assamese, Bangla, Gujarati, Kannada, Malayalam, Marathi, Odia, Punjabi, Sindhi, Tamil, Telugu, Urdu, and English with focus on regional languages
Nov 17, 2017
The RBI scoffed at the rumours that the coin was banned
Nov 16, 2017
India Inc abroad declined by 49.05 per cent in October to $1.35 billion
Nov 07, 2017
When Raghuram Rajan, former governor of the Reserve Bank of India (RBI), cautioned the government against demonetisation
Nov 07, 2017
Banks are opting to set up multi-functional machines like currency recylers, instead of plain cash dispensing automatic teller machines (ATM).
Nov 05, 2017
The service provider, the RBI said, “must undertake” the preservation an conservation of the documents in the Bank’s premises only.
Nov 04, 2017
As bank customers suffered by waiting in long queues to withdraw their money from November onwards last year, another group of people -- bank employees -- endured the hardship of extended work hours...
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