Search For "reserve bank of india rbi"
RBI directs banks for greater vigilance on forex trading and report unauth
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has issued a directive to banks regarding instances of unauthorized forex trading activities by certain entities.
Read More
RBI bars Kotak Mahindra Bank from onboarding new online customers, issuing
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has directed Kotak Mahindra Bank to cease onboarding new customers through its online and mobile banking channels, and issuing fresh credit cards.
Read More
PayU Receives RBI's In-Principle Approval to Operate as a Payment Aggregat
Updated : 2 years, 2 months ago IST
New Delhi [India], April 24: PayU, one of India's leading digital financial services providers, today announced that it has received the in-principle authorisation from the Reserve Bank of India (RBI) with regard to its online payments aggregation (PA) business.
Read More
RBI announces premature redemption price for SGB: Investors to receive Rs
Updated : 2 years, 2 months ago IST
According to the Government of India notification dated October 06, 2017, and October 08, 2018, premature redemption of SGB may be permitted after the fifth year from the date of issue, aligning with the date on which interest is payable on the bond.
Read More
India's forex exchange reserves decline after seven-week rise
Updated : 2 years, 2 months ago IST
As per the latest data released by the Reserve Bank of India (RBI), the country's foreign exchange kitty declined by USD 5.401 billion to USD 643.162 billion in the April 12 week
Read More
Crisil expects RBI to initiate repo rate cuts from mid-2024
Updated : 2 years, 2 months ago IST
As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating agency Crisil now expects the rate cut cycle to begin from mid-2024. The repo rate is the rate of interest at which RBI lends to other banks.
Read More
India forex reserves rise for seventh week to reach fresh peak
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves rose for the seventh straight week to hit a fresh all-time high of USD 648.562 billion in the week ending on April 5, as per the latest data released by the Reserve Bank of India (RBI).
Read More
RBI launches new website and mobile application
Updated : 2 years, 3 months ago IST
The new website and mobile application of the Reserve Bank of India (RBI) was released on Friday by Governor Shaktikanta Das.
Read More
RBI cancels registration of four non-banking financial companies
Updated : 2 years, 3 months ago IST
Those companies are Uttar Pradesh-based Kundles Motor Finance Private Limited, Tamil Nadu-based Nithya Finance Limited, Punjab-based Bhatia Hire Purchase Pvt Ltd, and Himachal Pradeesh-based Jiwanjyoti Deposits and Advances Limited.
Read More
Unlocking Hidden Value: The Rise of South-Facing Plots in Tamil Nadu's Rea
Updated : 2 years, 3 months ago IST
Chennai (Tamil Nadu) [India], April 2: The cardinal directions of the compass - North, East, West, and South - hold significance beyond mere geographical orientation; they form an integral aspect of the ancient architectural science known as Vastu Shastra. People often consult these directio
Read More
With AI and blockchain, RBI should study a new banking structure to fund f
Updated : 2 years, 3 months ago IST
Speaking at the 90th-anniversary celebration of the Reserve Bank of India (RBI), Prime Minister Narendra Modi on Monday asked the central bank to assess a newer banking structure to fund future needs.
Read More
PM Modi praises RBI's 90-year milestone, charts course for India's economi
Updated : 2 years, 3 months ago IST
According to a PM office press release, Prime Minister Modi unveiled a commemorative coin and applauded the pivotal role of the RBI in shaping India's economic landscape.
Read More