RBI

RBI FCNR-B Deposit Scheme Boosts NRI Deposits as Banks See Higher Overseas Fund Inflows
Business

RBI FCNR-B Deposit Scheme Boosts NRI Deposits as Banks See Higher Overseas Fund Inflows

Banks have registered a gradual increase in the flow of overseas funds after the rollout of the RBI FCNR-B deposit…
India Consumer Goods Sector to Grow 17.3% Through 2030, Brickwork Ratings Projects
Business

India Consumer Goods Sector to Grow 17.3% Through 2030, Brickwork Ratings Projects

Consumer goods and healthcare services are sectors with a positive outlook, with the India consumer goods sector growth expected to…
Indian Rupee Against Dollar Gains 63 Paise, Closes Higher for Second Straight Session
Business

Indian Rupee Against Dollar Gains 63 Paise, Closes Higher for Second Straight Session

The Indian rupee extended its recovery for a second consecutive trading session on Friday, appreciating 63 paise to close provisionally…
RBI cancels Paytm Payments Bank licence over compliance lapses
Business

RBI cancels Paytm Payments Bank licence over compliance lapses

The Reserve Bank of India on Friday cancelled the licence of Paytm Payments Bank Limited, citing failure to comply with…
FM Sitharaman warns of ‘unprecedented’ risks from Anthropic Mythos AI, says banks must stay vigilant
News

FM Sitharaman warns of ‘unprecedented’ risks from Anthropic Mythos AI, says banks must stay vigilant

Finance Minister Nirmala Sitharaman on Friday said that Indian banks are adequately prepared to deal with emerging technology-related challenges, even…
Hyderabad Police Commissioner urges banks to ensure zero mule accounts
Telangana

Hyderabad Police Commissioner urges banks to ensure zero mule accounts

Hyderabad Police Commissioner V. S. Sajjanar on Thursday asked the banks to focus on preventing cyber frauds by ensuring zero…
Hyderabad Police Commissioner suggests changes in banking system to check cybercrime
Telangana

Hyderabad Police Commissioner suggests changes in banking system to check cybercrime

In a move to combat cybercrime, Hyderabad Police Commissioner VC Sajjanar has suggested critical changes to the banking system, stating…
RBI in ‘wait and watch’ mode amid West Asia conflict: Governor Sanjay Malhotra
News

RBI in ‘wait and watch’ mode amid West Asia conflict: Governor Sanjay Malhotra

The Reserve Bank of India (RBI) is closely monitoring the fallout from the West Asia conflict and will not make…
RBI Injects Liquidity into Banking System with Rs 84,582 Crore via VRR Auctions
Business

RBI Injects Liquidity into Banking System with Rs 84,582 Crore via VRR Auctions

RBI injects liquidity into banking system by infusing Rs 84,582 crore through variable rate repo auctions to maintain adequate funds…
RBI Guv calls on Telangana CM, praises state’s economic policies
News

RBI Guv calls on Telangana CM, praises state’s economic policies

Reserve Bank of India (RBI) Governor Sanjay Malhotra, on Thursday, called on Telangana Chief Minister A. Revanth Reddy and appreciated…
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