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No proposal to replace Mahatma Gandhi's picture on banknotes: RBI
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Monday clarified that it has no proposal to replace the father of the nation Mahatma Gandhi's picture on currency notes.
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India's forex reserves rise above USD 600 billion mark again
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): India's foreign exchange (forex) reserves for the week ended May 27 rose by USD 3.854 billion to USD 601.363 billion led by a sharp increase in the country's foreign currency assets, the Reserve Bank of India (RBI) data showed.
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RBI to adopt graded approach to introduction of digital currency
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): The Reserve Bank of India (RBI) proposes to adopt a graded approach for the introduction of digital currency in the country, according to the RBI's annual report for FY 2021-22.
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After 10 straight weekly fall, India's forex reserves rise by USD 4.23 bil
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Snapping 10 consecutive weeks of decline, India's foreign exchange (forex) reserves rose by USD 4.23 billion to USD 597.509 billion for the week ended May 20, the Reserve Bank of India (RBI) data showed.
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RBI to adopt graded approach to introduce digital currency
Updated : 4 years, 1 month ago IST
New Delhi [India], May 28 (ANI): The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of cu
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Addressing supply-side bottlenecks, capital spending key to improve GDP gr
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 27 (ANI): India's economic growth recovery has lost some momentum due to the Russia-Ukraine conflict and performance in the near future will depend on the reform measures like addressing the supply-side bottlenecks to control inflation and capital spending,
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RBI cancels registration of five NBFCs due to irregular lending practices
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 25 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has cancelled the Certificate of Registration (CoR) of five Non-Banking Financial Companies (NBFCs) due to irregular lending practices.
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Vacancy in RBI, check details
Updated : 4 years, 1 month ago IST
New Delhi [India], May 21 (ANI): Reserve Bank of India (RBI) invited applications from eligible candidates belonging to the Scheduled Tribe (ST) category to fill up one post of Bank's Medical Consultant (BMC) on a contract basis.
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India's forex reserves slump by $2.67 billion; 10th weekly fall
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 20 (ANI): India's foreign exchange (forex) reserves declined by $2.676 billion to $593.279 billion for the week ended May 13, the Reserve Bank of India (RBI) data showed on Friday.
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RBI says 6 applicants found not suitable for bank permits
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 17 (ANI): The Reserve Bank of India (RBI) on Tuesday said it has found six applicants not suitable for permits of small finance bank licences and universal bank licences.
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Supreme Court ruling on NBFCs removes key regulatory overhang: CRISIL
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 16 (ANI): The recent ruling by the Supreme Court that underscores the primacy of the Reserve Bank of India (RBI) as the regulator and supervisor of the non-banking financial companies (NBFCs), has removed a key regulatory overhang, rating agency CRISIL said
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India's forex reserves dip by $1.77 billion; 9th weekly fall
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 14 (ANI): India's foreign exchange (forex) reserves dropped by $1.77 billion to $595.95 billion for the week ended May 6 dragged by a sharp drop in the country's foreign currency assets, the Reserve Bank of India (RBI) data showed.
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