RBI slaps Rs 30L penalty on Bahadur Chand Investments

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity...

'Cash in circulation has increased as economy grew in 6 years'

According to Reserve Bank of India (RBI) data, six years after the move to ban Rs 500 and Rs 1000 notes, currency in...

India's forex reserves decline by USD 691 million

India's foreign exchange reserves fell by USD 691 million to USD 562.808 billion in the week that ended on December...

'Economy facing strong headwinds but strong fundamentals support'

The Indian economy is confronting strong global headwinds but sound macroeconomic fundamentals and healthy financial...

RBI imposes penalty on Mynd Solutions over non-compliance

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1,390,000 on Mynd Solutions Private Limited...

Continued monetary policy tightening necessary: RBI MPC's Bhide

Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of...

Worldline ePayments gets in-principle payment aggregator licence

Digital payments services platform Worldline ePayments India on Wednesday said it has received in-principle approval...

RBI Governor interacts with FinTechs and industry associations

In his introductory remarks, the RBI Governor stated that FinTech initiatives and start-ups are important segments...

No Rs 2,000 notes printed from 2018-19, govt tells Parliament

The printing of banknotes of particular denominations is decided by the government in consultation with the Reserve...

'RBI report on inflation failure cannot be made made public'

Union minister of state in the ministry of finance Pankaj Chaudhary on Monday informed Lok Sabha that the relevant...

Policy rate still remains accommodative, says RBI Guv

According to the statement of the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, said consequently,...

'Robust benchmarks critical for stability of the financial system

T Rabi Sankar said financial benchmarks, used as reference for pricing, valuation and settlement of financial...