Reserve Bank of India

RBI throws open silver imports to qualified jewellers in same way as gold
Business

RBI throws open silver imports to qualified jewellers in same way as gold

Reserve Bank of India (RBI) on Friday issued a notification allowing qualified jewellers to import silver through India International Bullion…
RBI should hold repo rate, reduction in rate in near future preferable: Industry
Business

RBI should hold repo rate, reduction in rate in near future preferable: Industry

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to retain the repo rate at the current…
RBI directs banks to return property documents within 30 days of loan repayment, or pay Rs 5000 fine for delay
Business

RBI directs banks to return property documents within 30 days of loan repayment, or pay Rs 5000 fine for delay

Reserve Bank of India (RBI) has issued guidelines for banks related to release of documents pertaining to movable and immovable…
RBI to highlight digital payments infrastructure at G20 summit
Business

RBI to highlight digital payments infrastructure at G20 summit

The Reserve Bank of India (RBI) will highlight its digital payments infrastructure at the forthcoming G20 summit, with central bank…
Manufacturing shows growth, cautious approach needed to combat food inflation
News

Manufacturing shows growth, cautious approach needed to combat food inflation

Improvement in domestic manufacturing output in June quarter was helped by decline in input prices and strong internal demand, a…
RBI issues directions on issuance of debit, credit cards
Business

RBI issues directions on issuance of debit, credit cards

The Reserve Bank of India (RBI) on Wednesday issued a draft circular on issuance of debit, credit, and prepaid cards,…
76% of total Rs 2,000 denomination notes in circulation returned to banks: RBI
Business

76% of total Rs 2,000 denomination notes in circulation returned to banks: RBI

The Reserve Bank of India (RBI) on Monday said that as much as 76 per cent of the total number…
India s forex reserves rise to $596.098 billion
Business

India s forex reserves rise to $596.098 billion

India’s foreign exchange reserves rose marginally by $2.350 billion in the week ending June 16 to reach $596.098 billion, according…
RBIs MPC unanimous in keeping rates unchanged, member echoes reservation
Business

RBIs MPC unanimous in keeping rates unchanged, member echoes reservation

Though all the six members of Reserve Bank of India’s (RBI) monetary policy committee (MPC) unanimously voted to keep the…
Banks to issue Rupay prepaid forex cards: RBI
Business

Banks to issue Rupay prepaid forex cards: RBI

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has decided to permit banks to issue Rupay prepaid foreign…
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