RBI
Jan 28, 2025
Mumbai, Jan 28 (IANS) The share of the Unified Payments Interface (UPI) in India’s digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR (...
Jan 22, 2025
Raghuram Rajan, former Governor of the Reserve Bank of India (RBI), recently shared his views on the rupee’s depreciation against the US dollar at the World Economic Forum (WEF) in Davos.
Dec 30, 2024
As the New Year approaches, many of us are gearing up to welcome 2025. If you have any bank-related tasks lined up for January, it’s crucial to be aware of the holidays to avoid any inconvenience.
Dec 28, 2024
In today’s fast-paced digital era, financial solutions must be accessible and straightforward. However, individuals with little to no credit history often face difficulties when approaching...
Dec 26, 2024
As 2024 comes to a close, the arrival of 2025 brings significant changes across various sectors, including LPG cylinder prices, visa regulations, fixed deposit rules, and car prices, all set to take...
Dec 07, 2024
Mumbai, Dec 7 (IANS) Amid a positive turnaround from foreign institutional investors (FIIs) to India, the Indian stock market maintained a positive outlook throughout the week as the core sector...
Dec 06, 2024
Mumbai, Dec 6 (IANS) The Reserve Bank of India (RBI) on Friday slashed the cash reserve ratio (CRR) for banks by 0.5 per cent to make more funds available for lending to spur economic growth, but...
Dec 06, 2024
Mumbai, Dec 6 (IANS) The Indian stock market opened flat on Friday ahead of the announcement of the RBI’s monetary policy committee (MPC) meeting. The market is keeping a close eye on the decision...
Nov 25, 2024
December of 2024 is next; therefore, it also brings with it a large number of bank holidays.
Nov 06, 2024
Mumbai, Nov 6 (IANS) Reserve Bank of India Governor Shaktikanta Das on Wednesday said that although the central bank had shifted towards a softer neutral monetary policy stance to spur growth, this...
Nov 04, 2024
As the festive season is about to begin, November 2024 promises to be a fun month of celebrations, traditions, and quality time spent with family and friends.
Oct 23, 2024
New Delhi, Oct 23 (IANS) One97 Communications (OCL), the company that operates Paytm, said on Tuesday that it received a nod from the National Payments Corporation of India (NPCI) to onboard new UPI...
Oct 21, 2024
The festive season is here, and one of India's biggest festivals, Diwali, is just around the corner. This year, the dates of Diwali fall on October 31 and November 1, with a two-day holiday declared...
Oct 16, 2024
If you plan on visiting your bank this week, check out the holiday schedule. Banks will be closed on the 16th and 17th of October but not all branches. Bank holidays depend on the Reserve Bank of...
Oct 09, 2024
Mumbai, Oct 9 (IANS) Indian equity indices were trading higher on Wednesday before the monetary policy decision announcement from the Reserve Bank of India (RBI).
Sep 30, 2024
As part of its efforts to attract more depositors, the State Bank of India (SBI) is set to introduce innovative schemes like Recurring Deposits and Systematic Investment Plans (SIPs). SBI Chairman, C...
Sep 24, 2024
The Reserve Bank of India (RBI) has announced bank holidays for the General Elections of the State Legislative Assembly 2024 in Jammu and Kashmir.
Aug 29, 2024
The Reserve Bank of India (RBI) has announced the bank holidays for September 2024, spanning 15 days across various states in India. This includes second and fourth Saturdays, Sundays, and other...
Aug 29, 2024
Mumbai, Aug 29 (IANS) As financial crime and fraud surge in the country, the National Payments Corporation of India (NPCI) is working on advanced technologies to identify and curb "money mule"...
Aug 17, 2024
Once again, Margadarsi's financial fraud is exposed.
Aug 08, 2024
Mumbai, Aug 8 (IANS) Indian equity indices opened lower on Thursday ahead of Reserve Bank of India (RBI) Governor Shaktikanta Das announcing MPC decisions.
Jul 30, 2024
New Delhi: The Central government will either reduce the implementation or do away with the Sovereign Gold Bonds (SGB) scheme, according to some media reports.
Jun 07, 2024
Mumbai, June 7 (IANS) The Reserve Bank has decided to set up a Digital Payments Intelligence Platform which will harness advanced technologies to reduce payment fraud risks, RBI Governor Shaktikanta...
May 30, 2024
Mumbai, May 30 (IANS) The RBI has projected the country’s inflation rate, based on the Consumer Price Index (CPI), at 4.5 per cent for 2024-25 in the backdrop of an above-average monsoon expected...
Apr 24, 2024
Mumbai, April 24 (IANS) The Reserve Bank of India (RBI) on Wednesday directed Kotak Mahindra Bank Limited to stop onboarding of new customers through its online and mobile banking with immediate...
Feb 05, 2024
Paytm is in news for all the wrong reasons. Following the RBI's ban on Paytm Payments Bank, here is the clarification from One 97 Communications.
Paytm clarifies:
Feb 01, 2024
RBI has banned Paytm Payments Bank from accepting fresh deposits and making credit transactions.
Dec 17, 2023
Hyderabad, Dec 17 (IANS) Former Governor of Reserve Bank of India (RBI) Raghuram Rajan on Sunday called on Telangana Chief Minister A. Revanth Reddy at the latter’s residence in Hyderabad.
Dec 01, 2023
Amaravati: The unemployment rate in Andhra Pradesh state has declined under the YS Jagan government’s leadership, according to Reserve Bank of India (RBI) data.
Oct 06, 2023
Mumbai, Oct 6 (IANS) The Reserve Bank of India (RBI) has decided to permit NBFCs in the middle layer (ML) and bottom layer (BL) to offset their exposures with eligible credit risk transfer...
Oct 06, 2023
Mumbai, Oct 6 (IANS) The Reserve Bank of India (RBI), as was widely expected, left the key lending rate unchanged at a fourth policy meeting in a row on Friday with a focus on growth even though...
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...
Sep 03, 2023
New Delhi, Sep 3 (IANS) As Rajasthan, Madhya Pradesh, Telangana and Chhattisgarh gear up for assembly polls, it is very much the season of dishing out revdi -- not the popular winter snack, but that...
Jul 11, 2023
Amaravati: In a fresh development, the Andhra Pradesh Crime Investigation Department (CID), which is probing the financial irregularities in media baron Cherukuri Ramoji Rao owned
Jun 14, 2023
Mumbai, June 14 (IANS) In a major setback to Yes Bank, sources close to developments have revealed that the Reserve Bank of India (RBI) has rejected the appointment of Akash Suri as the CEO of the JC...
Jun 09, 2023
New Delhi, June 9 (IANS) The Supreme Court on Friday declined to list a petition by advocate Ashwini Upadhyay, during the court's summer vacation, challenging the Delhi High Court's May 29 judgment...
May 22, 2023
Chennai, May 22 (IANS) The Reserve Bank of India expects most of the outstanding Rs 2,000 denomination banknotes to come back to the banks by September 30, the last date for deposit/exchange of such...
Apr 06, 2023
Chennai, April 6 (IANS) In a people-friendly move, Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday announced development of a common web portal to search for unclaimed deposits.
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.
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