Search For "reserve bank of india"
RBI Governor interacts with FinTechs and industry associations
Updated : 3 years, 6 months ago IST
In his introductory remarks, the RBI Governor stated that FinTech initiatives and start-ups are important segments of aspirational India.
Read More
No Rs 2,000 notes printed from 2018-19, govt tells Parliament
Updated : 3 years, 6 months ago IST
The printing of banknotes of particular denominations is decided by the government in consultation with the Reserve Bank of India (RBI).
Read More
Central bank deputies discuss globally-coordinated approach to unbacked cr
Updated : 3 years, 6 months ago IST
The Ministry of Finance and the Reserve Bank of India jointly hosted the three-day gathering, with discussions on the "Finance Track" agenda under India's G20 Presidency. Day 1 saw different sessions on global economy, international financial architecture, infrastructure and sustainable fina
Read More
RBI report on inflation mandate failure cannot be made made public, govern
Updated : 3 years, 6 months ago IST
Union minister of state in the ministry of finance Pankaj Chaudhary on Monday informed Lok Sabha that the relevant section of the RBI Act, 1934, does not provide provisions to the Reserve Bank of India for making the report, which was written to the Centre after having failed to fulfil its i
Read More
Bringing efficiency in cross-border payments among motivations behind whol
Updated : 3 years, 6 months ago IST
Bringing efficiency in cross-border payments is another important motivation for introducing Central Bank Digital Currency in the wholesale segment.
Read More
India's retail inflation hits 11-month low in November, at 5.88 per cent
Updated : 3 years, 6 months ago IST
India's retail inflation rate based on Consumer Price Index declined to 5.88 per cent in November from 6.77 per cent during the previous month, according to data released on Monday by the ministry of statistics.
Read More
USD33.42 bn sales in Apr-Sep FY 23 by RBI to contain Rupee fall: Sitharama
Updated : 3 years, 6 months ago IST
Typically, the RBI from time to time intervenes in the markets through liquidity management, including through the selling of dollars, with a view to preventing a steep depreciation in the rupee.
Read More
Indian Rupee strong against every currency, RBI intervened in markets: Sit
Updated : 3 years, 6 months ago IST
Replying to a question in Lok Sabha, Sitharaman said the Reserve Bank of India has used the available foreign exchange reserves that it had in order to intervene in the markets to make sure that the Dollar-Rupee does not fluctuate too much.
Read More
First G20 Finance, Central Bank Deputies meeting in Bengaluru will focus o
Updated : 3 years, 6 months ago IST
The first G20 Finance and Central Bank Deputies (FCBD) meeting is scheduled to be held during 13-15 December 2022 in Bengaluru. This meeting, which will mark the start of discussions on the Finance Track agenda under the Indian G20 Presidency, will be hosted jointly by the Ministry of Financ
Read More
RBI Deputy Guv Rabi says whatever data on crypto is available is misleadin
Updated : 3 years, 6 months ago IST
"Data is not available. Whatever data is available is misleading. And making regulations in the absence of adequate information carries a high probability of us ending up with the wrong set of prescriptions," T Sankar said at a virtual conference hosted by the International Monetary Fund (IM
Read More
Experts' Reaction To Repo Rate Hike: RBI's Move To Balance Inflation
Updated : 3 years, 6 months ago IST
New Delhi [India], December 10 (ANI/NewsVoir): RBI has announced a hike in Repo rates for the fifth consecutive time. The difference this time accounts for 35 bps, leading the interest rate from 5.90 to 6.25. RBI has been announcing minimum possible increases in repo rate for the last few mo
Read More
RBI to add new feature to UPI payment platform
Updated : 3 years, 6 months ago IST
By introducing single-block-and-multiple-debits functionality, Shaktikanta Das said this facility will enable a customer to block funds in his/her account for specific purposes, which can be debited whenever needed.
Read More