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News
RBI
RBI News
Reserve Bank of India
18 May 2024
RBI Revises Timeline For Government Treasury Bill Auctions
T-bills are short-term debt which are issued by the Government of India to cover its short-term borrowing needs.
India forex reserves
17 May 2024
India Forex Reserves Surge By $2.56 Bn To $644.15 Bn
Rising foreign exchange reserves are positive for the economy as they reflect an ample supply of dollars that help to strengthen the rupee.
Reserve Bank of India
11 May 2024
RBI Appoints R Lakshmi Kanth Rao As New Executve Director
Rao had served as Banking Ombudsman at RBI Chennai and as Regional Director of Uttar Pradesh at Lucknow.
Forex Reserve
10 May 2024
India’s Forex Reserves Surge By $3.7 Bn To Touch $641.6 Bn Mark
RBI Governor Shaktikanta Das on Friday referred to the record foreign exchange reserves as a reflection of the strength of the Indian economy.
Bank of Baroda
08 May 2024
RBI Lifts Ban On Bank of Baroda's BoB World App
The Bank of Baroda had subsequently taken out corrective measures to address the concerns highlighted by the RBI.
Reserve Bank of India
08 May 2024
RBI Coming Up With New Steps To Expand UPI Outreach
The stakeholders shared their suggestions on strategies for scaling up of UPI infrastructure and expanding the products portfolio.
Reserve Bank of India
03 May 2024
RBI Tweaks Rules To Cut Risk Banks Face In Exposure To Capital Markets
The maximum intraday risk to the custodian banks issuing IPCs would be reckoned as Capital Market Exposure (CME) at 30 per cent of the settlement amount.
Reserve Bank of India
03 May 2024
97.76% Of Rs 2,000 Banknotes Returned, Says RBI Status Report
It must be noted that the Rs 2000 banknotes continue to be legal tender.
RBI
30 Apr 2024
Stop Charging Extra Interest On Loan Not Received, Refund Excess Charge: RBI
RBI has asked banks and financial institutions to follow fair practices in charging of interest on loans by them.
RBI
29 Apr 2024
RBI Tells Banks To Stop Charging Extra Interest On Loans
Some banks were charging interest for the entire month, rather than charging interest only for the period for which the loan was outstanding.
Reserve Bank of India
27 Apr 2024
RBI Sets Criteria For Small Finance Banks To Attain Universal Banking License
The bank intending to transit must have their shares listed on a recognized stock exchange.
Reserve Bank of India
27 Apr 2024
RBI Issues Draft Rules For Web Aggregators Of Loan Products
The RBI specifies that the digital view should include essential details such as the name of the bank or NBFC extending the loan.
Reserve Bank of India
26 Apr 2024
RBI Orders TalkCharge to Refund Customers' PPI Wallet Balance, Cautions Public
Gurugram-based company TalkCharge has been asked by RBI to stop issuance and operation of its PPI or Wallets and refund the balances held in the wallets by May 17, 2024.
DNA Video
25 Apr 2024
DNA: Why Did RBI Ban Kotak Mahindra Bank?
Kotak Mahindra Bank
25 Apr 2024
'Banks Se Tech Nahi Ho Rahi, Fintech Se Banking Nahi Ho Rahi': Ashneer Grover
BharatPe co-founder Ashneer Grover has taken dig at RBI's recent clamp down on Banks and Fintech companies.
Kotak Mahindra Bank news
25 Apr 2024
RBI takes big action on Kotak Mahindra Bank
RBI
24 Apr 2024
RBI Lists 6 Factors Leading India’s Take-off To Become World’s 3rd Largest Eco
According to the RBI bulletin, the “tailwinds likely to power India’s take-off” are as follows:
India GDP
23 Apr 2024
RBI Sees India's GDP Growth Trend Surging Past 7%
It also points out that the global growth momentum has been sustained in the first quarter of 2024 and the outlook for global trade is turning positive.
Sovereign gold bond
23 Apr 2024
Sovereign Gold Bond 2017-18 Series IV, 2018-19 Series II Maturing Today
The redemption price of SGB shall be based on the simple average of closing gold price of 999 purity of previous three business days from the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA), RBI said.
RBI
22 Apr 2024
RBI Directs Payment Companies To Report Suspicious Transactions
Banks have been directed to share everyday reports to the poll panel by the Chief Election Commissioner (CEC)
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