Search For "reserve bank"
No proposal to replace Mahatma Gandhi's picture on banknotes: RBI
Updated : 3 years, 9 months 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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RBI likely to hike policy repo rate by 0.40 per cent next week
Updated : 3 years, 9 months ago IST
New Delhi [India], June 4 (ANI): Amid inflationary pressure in the economy, the Reserve Bank of India is likely to raise the policy repo rate by 40 basis points next week and hike it further by 0.35 per cent in August taking it to the pre-pandemic level of 5.15 per cent, according to economi
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India's forex reserves rise above USD 600 billion mark again
Updated : 3 years, 9 months 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 : 3 years, 9 months 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 : 3 years, 9 months 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 : 3 years, 9 months 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 : 3 years, 10 months 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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PayU launches Checkout for Bharat in 7 regional languages for merchants pa
Updated : 3 years, 10 months ago IST
New Delhi [India], May 27 (ANI/PR Newswire): PayU has launched Checkout for Bharat today, which offers payment flow and checkout in major Indian languages. With this feature, merchants can offer customers a localized shopping experience in Hindi, Gujarati, Bengali, Marathi, Telugu, Tamil, an
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RBI cancels registration of five NBFCs due to irregular lending practices
Updated : 3 years, 10 months 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 : 3 years, 10 months 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 : 3 years, 10 months 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 board approves Rs 30,307 cr dividend payment to government
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 20 (ANI): The Central Board of Directors of the Reserve Bank of India on Friday approved the payment of Rs 30,307 crore dividend to the central government for the financial year 2021-22.
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