Reserve Bank of India
RBI hikes limit of bulk deposits for banks, FD investors to gain
Business
June 7, 2024
RBI hikes limit of bulk deposits for banks, FD investors to gain
The Reserve Bank of India (RBI) has decided to revise the definition of bulk deposits as ‘Single Rupee term deposits…
RBI shifts 100 tonnes of gold from vaults in UK to India
Business
May 31, 2024
RBI shifts 100 tonnes of gold from vaults in UK to India
The Reserve Bank of India (RBI) has shifted around 100 tonnes of its gold kept in bank vaults in the…
Outlook for Indian economy bright, 7 pc growth likely in 2024-25: RBI
Business
May 30, 2024
Outlook for Indian economy bright, 7 pc growth likely in 2024-25: RBI
The outlook for the Indian economy remains bright with the GDP growth likely to be at a robust 7 per…
Industry hails RBI’s 3 new initiatives to bolster fintech sector
Business
May 29, 2024
Industry hails RBI’s 3 new initiatives to bolster fintech sector
The fintech industry leaders on Wednesday hailed the three major initiatives of the Reserve Bank of India (RBI) which include…
Fitch sees big RBI dividend to govt as positive for India’s rating
Business
May 27, 2024
Fitch sees big RBI dividend to govt as positive for India’s rating
Global rating agency Fitch views the larger-than-expected Reserve Bank of India (RBI) dividend of Rs 2.1 lakh crore to the…
Over 97 per cent of Rs 2,000 banknotes returned: RBI
Business
May 3, 2024
Over 97 per cent of Rs 2,000 banknotes returned: RBI
The Reserve Bank of India (RBI) said in its currency update on Thursday that 97.76 per cent of the Rs…
PayU gets RBI’s in-principle nod to operate as payments aggregator
Business
April 24, 2024
PayU gets RBI’s in-principle nod to operate as payments aggregator
Digital financial services provider PayU on Tuesday announced that it has received in-principle authorisation from the Reserve Bank of India…
RBI asks payment firms to report suspicious fund transfers during LS polls
Business
April 22, 2024
RBI asks payment firms to report suspicious fund transfers during LS polls
The Reserve Bank of India (RBI) has asked non-bank payment system operators (PSOs), to track high-value or suspicious transactions through…
RBI’s decision on 3rd-party UPI apps to democratise wallet market: Experts
Technology
April 5, 2024
RBI’s decision on 3rd-party UPI apps to democratise wallet market: Experts
Industry experts on Friday welcomed the move by the Reserve Bank of India (RBI) to permit the use of third-party…
RBI retains repo rate at 6.5 pc
Business
April 5, 2024
RBI retains repo rate at 6.5 pc
Not belying the expectations of senior economists, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) retained the repo…