RBI in its past three meetings – April, June, and August -- held the repo rate unchanged at 6.5 per cent. The repo rate is the rate of interest at which RBI lends to other banks.
The Reserve Bank of India (RBI) on Thursday announced the issuance of the Reserve Bank of India (Prudential Regulations on Basel III Capital Framework, Exposure Norms, Significant Investments, Classification, Valuation and Operation of Investment Portfolio Norms and Resource Raising Norms fo
Pune (Maharashtra) [India], September 14: Gold is valued not only for its beauty but also as a valuable financial resource that can be immensely helpful during emergencies. A gold loan, also known as a loan against gold, allows borrowers to utilise their gold jewellery as collateral to secur
The Reserve Bank of India on Wednesday asked banks and other regulated entities to release all the original movable or immovable property documents and remove charges registered against any personal loan borrowers within a period of 30 days after full repayment or settlement of loans.
Citing the World Bank's Global Findex Database 2021, Das said that 76 per cent of adults worldwide had access to an account in a bank or a regulated financial institution as compared to 51 per cent in 2011.
The Reserve Bank of India (RBI) will unveil a display of cutting-edge financial technologies at the G20 Summit, showcasing their potential to revolutionize the financial landscape.
He commended India's thriving startup ecosystem, its vibrant talent pool, and the unwavering commitment to digital transformation. India, he emphasized, is focusing on leveraging technology to bridge gaps, empower individuals, and promote financial inclusion.
“We have encouraged digital payment but the main challenge on the UPI is that it usually needs a smartphone but in our country, a large number of people are using feature phones. We have launched some products to make feature phones to operate the UPI system as well. We have also taken steps
Prime Minister Narendra Modi on Friday congratulated Reserve Bank of India (RBI) governor Shaktikanta Das for being rated “A+” in the Global Finance Central Banker Report Cards 2023 and termed it as a proud moment for India.
Reserve Bank of India (RBI) Governor Shaktikanta Das has been rated “A+” in the Global Finance Central Banker Report Cards 2023, Central bank said on Friday.