RBI’s 4 key measures to strengthen 1,514 urban co-operative banks

RBI’s 4 key measures to strengthen 1,514 urban co-operative banks

The Reserve Bank of India (RBI) has notified four key measures with the aim of strengthening 1,514 u..

RBI keeps repo rate unchanged, GDP at 6.5% and inflation at 5.1%

RBI keeps repo rate unchanged, GDP at 6.5% and inflation at 5.1%

The Reserve Bank of India (RBI) has kept the policy repo rate unchanged for the second time in a row..

50% of Rs 2,000 notes back in banks, no plans to withdraw Rs 500 notes: RBI Guv

50% of Rs 2,000 notes back in banks, no plans to withdraw Rs 500 notes: RBI Guv

Around 50% of Rs 2,000 notes in circulation has returned to the banking system since the announcemen..

RBI allows banks to issue RuPay prepaid forex cards

RBI allows banks to issue RuPay prepaid forex cards

The Reserve Bank of India (RBI) has permitted RuPay to issue foreign currency cards, a move that wil..

Currency in circulation rises in volume, value during 2022-23: RBI

Currency in circulation rises in volume, value during 2022-23: RBI

The Reserve Bank of India (RBI) said that the value and volume of banknotes in circulation increased..

More fake Rs 500 notes in circulation than Rs 2,000: RBI

More fake Rs 500 notes in circulation than Rs 2,000: RBI

There are less Rs 2,000 fake notes in circulation than the Rs 500 notes, the latest RBI data shows.T..

RBI Governor cautions banks on loan evergreening, governance gaps

RBI Governor cautions banks on loan evergreening, governance gaps

The Reserve Bank of India (RBI) has cautioned banks against trying to conceal the real status of the..

Withdrawal of Rs 2,000 notes is not demonetisation, RBI tells Delhi HC

Withdrawal of Rs 2,000 notes is not demonetisation, RBI tells Delhi HC

The withdrawal of Rs 2,000 notes is not demonetisation but a statutory exercise and the decision to ..

RBI Governor Shaktikanta Das clarifies on Rs 2,000 note withdrawal

RBI Governor Shaktikanta Das clarifies on Rs 2,000 note withdrawal

RBI Governor Shaktikanta Das has addressed several issues relating to the withdrawal of the Rs 2,000..

RBI withdraws Rs 2,000 notes from circulation

RBI withdraws Rs 2,000 notes from circulation

The Rs 2,000 note, born during demonetisation, will be buried by 30 September 2023.The Reserve Bank ..

RBI pays Rs 87,416 cr dividend to Centre for FY23

RBI pays Rs 87,416 cr dividend to Centre for FY23

The Reserve Bank of India’s (RBI) board on Friday approved the sum of Rs 87,416 crore as dividend to..

RBI clears SBI Funds to acquire up to 9.99% stake in HDFC Bank

RBI clears SBI Funds to acquire up to 9.99% stake in HDFC Bank

The Reserve Bank of India (RBI) has allowed asset management company SBI Funds Management to acquire..

RBI slaps penalty on Canara Bank

RBI slaps penalty on Canara Bank

The Reserve Bank of India (RBI) has imposed a penalty of Rs 2.92 crore on state-run Canara Bank for ..

Morgan Stanley weighs RBI’s expected credit loss impact on banks

Morgan Stanley weighs RBI’s expected credit loss impact on banks

Banks are still trying to figure out what the Reserve Bank of India’s (RBI) proposed expected credit..

Pay fee, charges on forex prepaid cards in rupees: RBI

Pay fee, charges on forex prepaid cards in rupees: RBI

The Reserve Bank of India (RBI) said Tuesday that fees and charges payable in India on forex prepaid..