Search For "reserve bank of india"
RBI withdraws Rs 2000 note from circulation, to remain legal tender; excha
Updated : 3 years, 1 month ago IST
The Reserve Bank of India has decided to withdraw the Rs 2000 denomination banknotes from circulation but they will continue to remain as legal tender.
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RBI to pay Rs 87,416-crore dividend to govt
Updated : 3 years, 1 month ago IST
The 602nd meeting of the Central Board of Directors of the Reserve Bank of India was held today in Mumbai under the chairmanship of Shaktikanta Das, Governor.
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Tide and Transcorp launch India's-first Recycled PVC RuPay Card
Updated : 3 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 19 (ANI/NewsVoir): Tide, the UK's leading SME-focused business financial platform in partnership with Transcorp International Limited, a Reserve Bank of India (RBI) regulated Prepaid Payment Instrument (PPI) license holder, today announced the launch of Indi
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India poised to grow at 6.2 pc in 2023-24: Morgan Stanley
Updated : 3 years, 1 month ago IST
In the three-day deliberations of the Monetary Policy Committee of the Reserve Bank of India in early April, Governor Shaktikanta Das said the central bank has projected India's real GDP growth for 2023-24 at 6.5 per cent
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RuPay goes live on CVV-less payments for tokenized cards
Updated : 3 years, 1 month ago IST
RuPay has now introduced the CVV (Card Verification Value) free payment experience for its debit, credit and prepaid cardholders who have tokenized their cards on the merchant application or webpage, National Payments Corporations of India said in a statement on Monday.
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April inflation validates RBI's repo rate pause move: SBI Research
Updated : 3 years, 1 month ago IST
Retail inflation in India having moderated sharply in April substantiated the Reserve Bank of India's (RBI) decision to pause the repo rate in its first 2023 monetary policy meeting, according to SBI Research.
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RBI launches '100 Days 100 Pays' campaign for return of unclaimed deposits
Updated : 3 years, 1 month ago IST
The Reserve Bank of India on Friday, announced a '100 Days 100 Pays' campaign for banks to trace and settle the top '100 unclaimed deposits' of every bank in every district of the country within '100 days', informed a press release.
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India's forex reserves rise USD 7.2 bln to USD 596 bln
Updated : 3 years, 1 month ago IST
India's foreign exchange reserves rose by USD 7.196 billion to USD 595.976 billion in the week that ended on May 5, data released by the Reserve Bank of India showed on Friday.
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RBI imposes over Rs 1.73-cr fine on HSBC for wrong credit card data
Updated : 3 years, 1 month ago IST
The statutory inspection for supervisory evaluation (lSE) of the bank was conducted by RBI with reference to its financial position as on March 31, 2021, and the examination of the Risk Assessment Report and all related correspondences pertaining to the same, the central bank said.
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India's inflation in 2023-24 seen averaging near RBI's 6 pc upper band: Fi
Updated : 3 years, 1 month ago IST
Fitch Ratings forecasts India's headline inflation to decline, but remain near the upper end of the Reserve Bank of India's 2-6 per cent target band, averaging 5.8 per cent in 2023-24 from 6.7 per cent last year.
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FM Sitharaman chairs the 27th Financial Stability and Development Council
Updated : 3 years, 1 month ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das, Insurance Regulatory and Development Authority of India (IRDAI) Chief Debashish Panda, Securities and Exchange Board of India (SEBI) Chief Madhabi Puri Buch, Pension Fund Regulatory and Development Authority (PFRDA) Chief Deepak Mohanty,
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India's forex reserves rise USD 4.5 bln to USD 588.78 bln
Updated : 3 years, 1 month ago IST
India's foreign exchange reserves rose by USD 4.532 billion to USD 588.780 billion on a weekly basis as of April 28, according to the Reserve Bank of India's data.
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