Search For "rb"
Greater risk of rupee weakness; RBI could press hard on brakes: Moody's
Updated : 2 years, 12 months ago IST
The risk of weakness in currencies in the emerging economies in Asia is worrisome, and more so the risk is greater in India with a new bout of rupee weakness, which could force its central bank Reserve Bank of India to "press harder on the brakes", according to Moody's Analytics.
Read More
RBI governor lays foundation stone for data centre, cybersecurity training
Updated : 2 years, 12 months ago IST
Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday laid the foundation stone for the establishment of a Greenfield Data Centre and Enterprise Computing and Cybersecurity Training Institute in Bhubaneswar, Odisha.
Read More
RBI directs all banks to keep branches open till March 31 for annual closi
Updated : 3 years ago IST
The central bank has written a letter to all the agency banks that they should keep their designated branches open for over-the-counter transactions related to government transactions up to the normal working hours on March 31, 2023.
Read More
India's core inflation continue to defy softening input costs: RBI bulleti
Updated : 3 years ago IST
The Reserve Bank of India, in its monthly bulletin on Tuesday, noted that consumer price inflation (or retail inflation) in India remained high while core inflation defied to reflect the softening of various input costs.
Read More
Delhi HC grants 6 weeks to RBI to file reply on Uniform Banking Code
Updated : 3 years ago IST
The Delhi High Court on Monday granted six weeks more time to the Reserve Bank of India (RBI) to respond on a Public Interest Litigation (PIL) seeking direction to implement a Uniform Banking Code for foreign exchange transactions to control black money generation and benami transactions.
Read More
Finance ministry invites applications for RBI's deputy governor
Updated : 3 years ago IST
According to a public statement which came on RBI website, the person should have at least fifteen years of experience in banking and financial market operations and extensive experience as a full-time director/board member.
Read More
RBI Guv stresses on availability, affordability of grievance redressal mec
Updated : 3 years ago IST
Speaking at the Payment System Operators (PSO) Conference in Kochi on Saturday, the government said, "Availability and affordability of an expeditious grievance redress mechanism is of utmost importance to ensure public trust in digital payments."
Read More
India highest-ranked G20 country according to Climate Change Performance I
Updated : 3 years ago IST
"Climate proofing of our infrastructure has also been a priority, more so in view of the large investment in infrastructure in recent years," the governor said.
Read More
RBI, UAE Central Bank sign MoU to facilitate cross-border CBDC transaction
Updated : 3 years ago IST
Under the MoU, the two central banks will collaborate on various emerging areas of fintech, especially central bank digital currencies (CBDCs) and explore interoperability between the CBDCs of CBUAE and RBI.
Read More
India's forex reserves decline by USD 2.4 billion
Updated : 3 years ago IST
India's foreign exchange reserves declined by about USD 2.4 billion to USD 560.003 billion in the week ending on March 10, according to the Reserve Bank of India's latest data.
Read More
Developments in US banking system drives home importance of prudent asset-
Updated : 3 years ago IST
Reserve Bank of India governor Shaktikanta Das, referring to the Silicon Valley Bank shutdown and its aftereffects, has said the developments in the US banking system have brought to the fore the criticality of banking sector regulation and supervision.
Read More
RBI imposes monetary penalty on IGH Holdings over non-compliances
Updated : 3 years ago IST
The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 11.25 lakh on IGH Holdings Private Limited, Mumbai (the company) for some non-compliance with the provisions of RBI Act, among some others.
Read More