Search For "rbi"
RBI imposes Rs 75,000 penalty on Jila Sahakari Kendriya Bank Maryadit in M
Updated : 2 years, 1 month ago IST
The RBI in an official statement issued on Monday said that the action is based on a deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
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India's foreign exchange reserves decline by USD 2.8 billion
Updated : 2 years, 2 months ago IST
Forex reserves or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
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RBI discusses ways to strengthen cybersecurity with urban co-operative ban
Updated : 2 years, 2 months ago IST
According to RBI, themed around 'Governance in UCBs: Combating Cyber Threats and Enhancing Resilience,' the conference aimed to address the escalating challenges of cybersecurity faced by Urban Co-operative Banks.
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Dipender Bhamrah Joins MoneeFlo as Co-Founder and Chief Product & Tech
Updated : 2 years, 2 months ago IST
New Delhi [India], January 24: MoneeFlo, a distinguished RBI-licensed Full Fledged Money Changer (FFMC) that has specialised in forex services since 2016, is excited to announce the appointment of Dipender Bhamrah as its Co-founder and Chief Product and Technology Officer.
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At Davos, RBI Governor says digital currency will make cross border paymen
Updated : 2 years, 2 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das feels digital currency or Central Bank Digital Currency (CBDC) will make cross-border payments more efficient and fast, in addition to being cost-effective.
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International confidence in India at all-time high: RBI Governor at Davos
Updated : 2 years, 2 months ago IST
"There is growing confidence on India and I think the international confidence on India is perhaps at an all-time high," Das told ANI, on the sidelines of the ongoing World Economic Forum in Davos, Switzerland.
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International confidence in India at all-time high: RBI Governor at Davos
Updated : 2 years, 2 months ago IST
The National Statistics Office in its first advance estimates projected the country's economy to grow 7.3 per cent in the current financial year 2023-24, remaining the fastest-growing major economy.
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RBI releases draft framework for self-regulatory organisations of Fintech
Updated : 2 years, 2 months ago IST
Comments and feedback are sought from stakeholders and members of the public by the end of February 2024, through e-mail. The final framework will be issued, taking into account stakeholder and public responses.
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India's wholesale inflation remains in positive territory; 0.73% in Decemb
Updated : 2 years, 2 months ago IST
Wholesale inflation in India, based on the Wholesale Price Index, remained in positive territory for the second month after remaining in the negative zone for the seventh straight month until October.
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Retail inflation expected to come down to 5 pc by March: SBI report
Updated : 2 years, 2 months ago IST
Once the CPI comes under control for fruits, vegetables, spices, and cereals, headline inflation is expected to drastically reduce to come near the mid-point of the RBI inflation target of 4 per cent, said SBI Research in a report.
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RBI Deputy Governor Michael Patra's tenure extended by another year
Updated : 2 years, 2 months ago IST
The Appointments Committee of the Cabinet has approved the re-appointment of Deputy Governor (DG) of Reserve Bank of India (RBI), Michael Debabrata Patra, for a further period of one year effective January 15, or until further orders, whichever is earlier.
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India's forex reserves fell USD 5.9 billion in week that ended January 5
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves declined by USD 5.898 billion to USD 617.303 billion in the week that ended on January 5, 2023, the latest data released by the Reserve Bank of India showed.
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