Fri, Jan 17, 2025
Foreign exchange interventions by the central bank effectively countered capital flows volatility -- the main source of exchange rate volatility in India, a study published in the Reserve Bank's latest Bulletin said.
More >
India's forex reserves dropped by USD 8.714 billion to USD 625.871 billion in the week ended January 10, the RBI said on Friday. Earlier, the overall kitty dropped by USD 5.693 billion to USD 634.585 billion in the week ended January 3, the Reserve Bank of India said.
Thu, Jan 16, 2025
The Reserve Bank has already signed Memorandum of Understanding (MoU) with the central banks of the United Arab Emirates, Indonesia and Maldives to encourage cross-border transactions in local currencies, including Indian Rupee.
Wed, Jan 12, 2022
RBI has released the Annual Report of the Ombudsman Schemes for the year 2020-21, which has been prepared for the nine-month period from July 1, 2020, to March 31, 2021, in alignment with the change in the financial year of the RBI from 'July-June' to 'April-March' with effect from July 1, 2020
Tue, Jan 04, 2022
Both the Payment System Operators (PSOs) had authorisation for issuance and operation of prepaid payment instruments.
Withdrawing cash from the bank ATMs has become dearer now. Banks will now be charging Rs 21 from the customers for every transaction made by them beyond the free limit. Source: PTI
Tue, Dec 28, 2021
Reserve Bank of India (RBI) has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in process
Return on assets (RoA) of SCBs improved from 0.2 per cent at end-March 2020 to 0.7 per cent at end-March 2021, aided by stable income and decline in expenditure.
The RBI said the assessment of the systemic impact of climate change on the economy and financial stability is still evolving and so are the responses of central banks and supervisors around the world.
Mon, Dec 27, 2021
The Reserve Bank of India has also appointed its Chief General Manager Yogesh K Dayal as an additional director on the board of RBL Bank.
Sun, Dec 26, 2021
RBL Bank's Vishawvir Ahuja has stepped down as MD & CEO of the bank, and the bank has appointed Rajeev Ahuja as the interim Managing Director and Chief Executive Officer of the bank with immediate effect
Thu, Dec 23, 2021
Earlier, RBI had given a deadline of December 31 for tokenisation.
Here is this article, FAQs on Tokenisation – Card Transactions have been answered as per the information given on RBI website - rbi.org.in
After Dec 31, 2021, online merchants will not be able to store card information of users.
Fri, Dec 17, 2021
The Board also discussed various aspects relating to Central Bank Digital Currency and Private Crypto Currencies.
Wed, Dec 15, 2021
Following the ISE and examination of other documents, the RBI found contravention of its provisions relating to the pledge of shares by the PNB.
Tue, Dec 14, 2021
PCA Framework for NBFCs: In a major development, the Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) Framework for Non-Banking Financial Companies (NBFCs).
Thu, Dec 09, 2021
The bank has been included in the Second Schedule to the Reserve Bank of India Act, 1934 and the approval will help it to bring more financial services and products.
Wed, Dec 08, 2021
Economists and analysts have pencilled in liquidity tightening from the February policy by a reverse repo hike and a likely repo rate hike in March/April as they believe inflation pressures to surprise on the upsides and have termed as "unexpected" the more-than-expected dovish policy stance to support growth
India's Central Bank left policy rates unchanged on Wednesday as the Reserve Bank of India (RBI) Governor Shaktikanta Das announced the Monetary Policy Committe (MPC) decisions today. How does that impact your dream of buying a new car or a dream home?
Even as the Reserve Bank of India (RBI) kept key policy rates unchanged on Wednesday, analyst see the Central Bank hiking the reverse repo rate from February 2022. The hike is seen at 20-25 bps. The reverse repo rate – rate at which RBI borrows money from commercial banks – stands at 3.35 per cent
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
