Search For "rbi"
PayU Receives Final Authorization from The RBI to Operate as an Online Pay
Updated : 10 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 14: PayU, one of India's leading online payments services providers, has announced that it has received the final authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007
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Rising gold prices and global tariff tensions poised to push CPI higher in
Updated : 10 months, 2 weeks ago IST
The ongoing global tariff wars and the continued rise in gold prices will significantly impact the overall consumer price index (CPI) in the upcoming months, even if food prices remain stable, according to a report by the Union Bank of India (UBI).
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SPJIMR WISE Tech hosts Demo Day for inaugural Frictionless Finance Acceler
Updated : 10 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 13: Bharatiya Vidya Bhavan's S.P. Jain Institute of Management & Research's (SPJIMR) WISE Tech hosted a 'Demo Day' for the inaugural cohort of the Frictionless Finance Accelerator on Wednesday, May 7, at its Mumbai campus. In collaboration with the Reser
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RBI imposes Rs 1.72 crore penalty against SBI for certain non-compliances
Updated : 10 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has penalised the State Bank of India with Rs 1.72 crore for non-compliance with certain directions.
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India's forex reserves fell USD 2.06 billion after extending gains for eig
Updated : 10 months, 2 weeks ago IST
India's foreign exchange reserves (Forex) fell USD 2.06 billion to USD 686.06 billion in the week that ended on May 2, after extending gains for the eighth straight week, official data released by the Reserve Bank of India (RBI) this week showed.
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Share of gold in RBI's forex kitty doubled since 2021
Updated : 10 months, 3 weeks ago IST
Central banks world over are increasingly accumulating safe-haven gold in their foreign exchange reserves kitty, and India is no exception.
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Dollar dips, gold soars in Trump 2.0's first 100 days
Updated : 10 months, 3 weeks ago IST
Trump joined office of the President US on January 20, 2025 and from that time US dollar has depreciated over 7 per cent in terms of Great Britain Pound
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SBI research predicts aggressive rate cuts by RBI in FY26 amid benign infl
Updated : 10 months, 3 weeks ago IST
The Reserve Bank of India (RBI) is likely to have an aggressive rate cut trajectory for the current fiscal year (FY26), driven by the significant moderation in inflation, said SBI Research on Monday.
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India's forex reserves climb for 8th straight week, rise by USD 1.98 billi
Updated : 10 months, 3 weeks ago IST
India's foreign exchange reserves (Forex) rose by USD 1.983 billion to USD 688.129 billion in the week that ended on April 25, extending gains for the eighth straight week, official data released by the Reserve Bank of India (RBI) this week showed.
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Sa-Dhan and Bank of India Sign a MoU for Expanding Financing Footprint
Updated : 10 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], May 2: Sa-Dhan, an RBI - appointed self-regulatory organisation of Microfinance and Impact Finance Institutions in India, has signed a Memorandum of Understanding (MoU) with Bank of India for expanding the financing access to small and micro and women-led enterp
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RBI reshuffles deputy governor portfolios following Poonam Gupta's appoint
Updated : 10 months, 3 weeks ago IST
The Reserve Bank of India (RBI) announced a redistribution of portfolios among its Deputy Governors on Friday with immediate effect, following the appointment of Dr Poonam Gupta as Deputy Governor on April 2.
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Union Bank of India Launches MSME & CASA Outreach Programs to pass on
Updated : 10 months, 4 weeks ago IST
Mumbai (Maharashtra) [India], April 30: Union Bank of India, today announced the launch of its MSME & CASA Outreach program, a nationwide initiative aimed at strengthening relationships with existing customers, expanding outreach to new MSME clients, and driving sustainable growth in CAS
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