'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...

RBI launches retail digital rupee on pilot basis

The digital rupee would offer features of physical cash like trust, safety and settlement finality.

RBI, FSA of Japan exchange letters of cooperation

The letters confirm the interest of both jurisdictions in enhancing cooperation in line with their respective laws...

Biocon subsidiary completes acquisition of Viatris for USD 3 bn

According to a statement by the pharma company, Biocon Biologics and Viatris have obtained all applicable approvals...

RBI imposes Rs 50-lakh fine on Bharat Co-operative Bank

The central bank said this penalty had been imposed in exercise of powers vested in RBI conferred under Banking...

RBI to launch retail digital rupee on Thursday on pilot basis

According to a statement from RBI, the pilot would cover select locations in closed user group (CUG) comprising...

RBI celebrates 60 years of its Jammu unit

The important milestones and achievements of RBI, Jammu was highlighted in the video. A memoir of RBI Jammu's...

RBI is the protector of Indian economy: CM Bommai

Speaking after inaugurating the Constitution Day, organised by RBI SC/ST Employees Association here on Monday, he...

RBI asking subsidiary to resubmit PA license won't affect Paytm

As the Reserve Bank of India (RBI) directed Paytm Payment Services Limited, a subsidiary of Paytm, to reapply for a...

Paytm Payments Services to resubmit application for authorization

The fintech company said that it has received a letter from the Reserve Bank of India in response to an application...

India's forex reserves rise by USD 2.54 bn to USD 547.25 bn

According to RBI's latest data, India's foreign currency assets, which are the biggest component of the forex...

Monetary policy has to be forward-looking: RBI Deputy Guv

Reserve Bank of India's Deputy Governor also said that next week, deliberations would be starting for the next...