Search For "rbi"
SBI MD Swaminathan Janakiraman appointed RBI Deputy Governor
Updated : 2 years, 9 months ago IST
Swaminathan Janakiraman, Managing Director at State Bank of India, has been appointed Deputy Governor (DG) of the Reserve Bank of India
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Giverly launches Prepaid Card that Helps Consumers 'Give Back' While Spend
Updated : 2 years, 9 months ago IST
New Delhi [India], June 20: Giverly, a social impact fintech Start-up, announced the launch of its Social Impact prepaid card in partnership with Visa and Transcorp International Limited, a 29-year-old Reserve Bank of India (RBI) regulated Authorised Dealer Category II and perpetual Prepaid
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Rs 2000 notes withdrawal to boost deposits, consumption, among other param
Updated : 2 years, 9 months ago IST
SBI Research in a report analysed and argued how the withdrawal of Rs 2000 banknotes could boost bank deposits, repayment of loans, consumption, RBI's retail digital currency usage, and overall economic growth.
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Rajasthan CM Gehlot asks Centre to mention steps it took to double income
Updated : 2 years, 9 months ago IST
While addressing reporters, CM Gehlot said, "It is easy to talk about doubling the income of the farmers. In the last five years, the Government of India should tell how many steps have been taken (in this direction)."
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Banknotes supplied from printing presses to RBI are properly accounted for
Updated : 2 years, 9 months ago IST
"These reports are based on an erroneous interpretation of information collected under the Right to Information Act, 2005 from the printing press," officials said.
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Indian GDP growth reaches 7.2 per cent, indicates impact of banking clean-
Updated : 2 years, 9 months ago IST
New Delhi [India], June 14: The stability of economies across the world saw wide-ranging volatility throughout the previous decade of the 2010s. Branching off from the above turbulent times, the banking sector in India had found itself in precarious times since the mid-2010s which sparked an
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India to remain among fastest growing large economies in 2023: RBI Governo
Updated : 2 years, 9 months ago IST
India's economic growth in the past few years is mainly driven by robust domestic demand and the country will continue to remain among the fastest-growing large economies in 2023, said Reserve Bank of India Governor Shaktikanta Das.
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RBI opens regional office in Nagaland; Arunachal to get one shortly
Updated : 2 years, 9 months ago IST
The Reserve Bank of India (RBI) has opened its sub-office in Kohima, Nagaland, expanding its presence in the northeastern region.
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RBI's decision to maintain repo rate welcomed, Impact on affordable housin
Updated : 2 years, 9 months ago IST
Delhi NCR [India], June 10: The recent decision by the Reserve Bank of India (RBI) not to hike the repo rate unchanged has been met with appreciation. While the current rate of 6.5 per cent is at its highest in four years and impacts affordable housing, the momentum gained by the realty sect
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ED issues show-cause notices to Xiaomi, three banks for FEMA violation
Updated : 2 years, 9 months ago IST
The Adjudicating Authority has issued show cause notices to Xiaomi Technology India Private Limited, its officials and three banks under section 16 of the Foreign Exchange Management Act on the basis of a complaint filed by the Enforcement Directorate (ED) with respect to illegal remittances
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Centre announces 4 initiatives to strengthen 1,514 Urban co-operative bank
Updated : 2 years, 9 months ago IST
"In a significant move, the Central government on Friday took four important initiatives to strengthen 1,514 Urban Co-operative Banks (UCBs) in the country realising Prime Minister Narendra Modi's vision of 'Sahakar se Samridhi," the statement said.
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SC declines urgent listing of plea challenging RBI decision on Rs 2,000 no
Updated : 2 years, 9 months ago IST
The Supreme Court once again declined an urgent hearing of a plea challenging RBI's decision permitting citizens to exchange Rs 2000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
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