Search For "rbi"
Food inflation almost doubled in June (YoY) at 8.36pc
Updated : 1 year, 8 months ago IST
Rising food prices continued to be a headache for Indian consumers with the inflation rate in the food segment almost doubling year-on-year in June.
Read More
India's foreign exchange reserves surge to touch fresh peak of USD 657.2 b
Updated : 1 year, 8 months ago IST
The reserves have been rising on and off for a long time now. So far in 2024, they have risen about USD 35 billion, on a cumulative basis.
Read More
Crude prices to average at USD 83-88 in FY25, may increase govt fiscal bur
Updated : 1 year, 8 months ago IST
The average crude oil prices are expected to surge in the fiscal year 2025 as compared to the previous year, highlights a report by Crisil.
Read More
Jio Financials gets RBI nod to become Core Investment Company
Updated : 1 year, 8 months ago IST
Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC).
Read More
"India has successfully, swiftly generated new jobs" says Union Minister P
Updated : 1 year, 8 months ago IST
Union Minister Piyush Goyal on Thursday highlighted the success the government has had in job creation in its tenure
Read More
RBI penalizes five banks, including PNB, for regulatory non-compliance in
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions.
Read More
India's foreign exchange reserves slightly off all-time highs; declines by
Updated : 1 year, 8 months ago IST
India's foreign exchange reserves declined by USD 1.713 billion to USD 651.997 billion during the week that ended June 28, official data from the Reserve Bank of India (RBI) showed on Friday. The reserves are currently a tad lower than their all-time highs of USD 655.817 touched recently.
Read More
ED records statements of actors Karan Wahi, Krystle D'Souza for 'promoting
Updated : 1 year, 8 months ago IST
The Enforcement Directorate (ED) on Wednesday recorded the statements of TV actors Karan Wahi and Krystle D'Souza as part of an ongoing probe in the case of illegal online forex trading through OctaFx app, official sources said
Read More
RBI grants Payment Aggregator license to SabPaisa (SRS Live Technologies)
Updated : 1 year, 8 months ago IST
New Delhi [India], July 3: SabPaisa (SRS Live Technologies Private Limited), a leading payment solutions provider, announced that it has received final approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator (PA) under the Payments and Settlement Systems Act, 2007.
Read More
RBI appoints Arnab Kumar Chowdhury as Executive Director
Updated : 1 year, 8 months ago IST
Chowdhury has experience of over three decades in the Reserve Bank of India. He has worked extensively in the area of supervision of financial entities.
Read More
2.1% of Rs 2000 banknotes, with value of Rs 7,581 crore, still to be re
Updated : 1 year, 8 months ago IST
About 2.1 per cent or Rs 7,581 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about nine months after the deadline to deposit or exchange them at bank branches was over.
Read More
India to create a cross-border retail payment platform with four ASEAN cou
Updated : 1 year, 8 months ago IST
As per a statement from the Reserve Bank of India (RBI), an agreement was signed by the BIS and the central banks of the founding countries -- Bank Negara Malaysia (BNM), Bank of Thailand (BOT), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and the RBI on Sunday (
Read More