Rs 2000 note withdrawn from circulation; remains legal tender

The Reserve Bank of India has decided to withdraw the Rs 2000 denomination banknotes from circulation but they...

RBI to pay Rs 87,416-crore dividend to govt

The 602nd meeting of the Central Board of Directors of the Reserve Bank of India was held today in Mumbai under the...

Tide and Transcorp launch India's-first Recycled PVC RuPay Card

Mumbai (Maharashtra) [India], May 19 (ANI/NewsVoir): Tide, the UK's leading SME-focused business financial platform...

India poised to grow at 6.2 pc in 2023-24: Morgan Stanley

In the three-day deliberations of the Monetary Policy Committee of the Reserve Bank of India in early April,...

RuPay goes live on CVV-less payments for tokenized cards

RuPay has now introduced the CVV (Card Verification Value) free payment experience for its debit, credit and prepaid...

April inflation validates RBI's repo rate pause move: Report

Retail inflation in India having moderated sharply in April substantiated the Reserve Bank of India's (RBI) decision...

RBI launches '100 Days 100 Pays' for return of unclaimed deposits

The Reserve Bank of India on Friday, announced a '100 Days 100 Pays' campaign for banks to trace and settle the top...

India's forex reserves rise USD 7.2 bln to USD 596 bln

India's foreign exchange reserves rose by USD 7.196 billion to USD 595.976 billion in the week that ended on May 5,...

RBI imposes over Rs 1.73-crore fine on HSBC for wrong credit card

The statutory inspection for supervisory evaluation (lSE) of the bank was conducted by RBI with reference to its...

India's inflation in 2023-24 seen averaging near RBI's upper band

Fitch Ratings forecasts India's headline inflation to decline, but remain near the upper end of the Reserve Bank of...

FM Sitharaman chairs the 27th FSDC meeting

Reserve Bank of India (RBI) Governor Shaktikanta Das, Insurance Regulatory and Development Authority of India...

India's forex reserves rise USD 4.5 bln to USD 588.8 bln

India's foreign exchange reserves rose by USD 4.532 billion to USD 588.780 billion on a weekly basis as of April 28,...