Search For "reserve bank"
RBI announces auction sale of Govt. securities of Rs 32,000 crore
Updated : 1 year, 10 months ago IST
The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs 32,000 crore. The auction is scheduled to take place on Friday and it aims to facilitate the sale (re-issue) of Government Securities through a multiple price-based method.
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RBI cautions public against using unauthorised prepaid payment entities
Updated : 1 year, 10 months ago IST
The Reserve Bank of India (RBI) cautioned the public against using websites or applications, and parting with their money to any unauthorized entity.
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RBI cautions public against using unauthorised prepaid payment entities
Updated : 1 year, 10 months ago IST
The Reserve Bank of India (RBI) has urged the public to exercise utmost caution while using websites or applications, and parting with their money to any such unauthorized entity.
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RBI directs banks for greater vigilance on forex trading and report unauth
Updated : 1 year, 10 months ago IST
The Reserve Bank of India (RBI) has issued a directive to banks regarding instances of unauthorized forex trading activities by certain entities.
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RBI deputy governor T Rabi Sankar's term extended by a year
Updated : 1 year, 11 months ago IST
The central government has re-appointed T Rabi Sankar as Deputy Governor, Reserve Bank of India, for one year with effect from May 03, 2024.
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RBI bars Kotak Mahindra Bank from onboarding new online customers, issuing
Updated : 1 year, 11 months ago IST
The Reserve Bank of India (RBI) has directed Kotak Mahindra Bank to cease onboarding new customers through its online and mobile banking channels, and issuing fresh credit cards.
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PayU Receives RBI's In-Principle Approval to Operate as a Payment Aggregat
Updated : 1 year, 11 months ago IST
New Delhi [India], April 24: PayU, one of India's leading digital financial services providers, today announced that it has received the in-principle authorisation from the Reserve Bank of India (RBI) with regard to its online payments aggregation (PA) business.
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India must annually grow 8-10% to achieve its developmental goals: RBI
Updated : 1 year, 11 months ago IST
To achieve its developmental goals over the next three decades, the Indian economy must grow at a rate of 8-10 per annum over the next decade to reap the demographic dividend that started accruing from 2018 and, as calculations show, will last till 2055, according to an article in the Reserv
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Outpacing merchandise exports, India's services capturing larger share of
Updated : 1 year, 11 months ago IST
India's services exports, in US dollar terms, grew at a robust compound annual growth rate (CAGR) of more than 14 per cent over the last 30 years (between 1993 and 2022), significantly higher than India's merchandise export growth (10.7 per cent) as well as world services export growth (6.8
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RBI announces premature redemption price for SGB: Investors to receive Rs
Updated : 1 year, 11 months ago IST
According to the Government of India notification dated October 06, 2017, and October 08, 2018, premature redemption of SGB may be permitted after the fifth year from the date of issue, aligning with the date on which interest is payable on the bond.
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High-interest rates sacrifice growth: RBI monetary policy member Varma fav
Updated : 1 year, 11 months ago IST
Noting that that economic growth in 2024-25 is projected to slow by over half a percent relative to 2023-24, Varma said it was a reminder that high interest rates entail a growth sacrifice.
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Inflation remains main concern against rate cuts: RBI policy minutes
Updated : 1 year, 11 months ago IST
Inflation continues to remain the main concern for the Reserve Bank of India's monetary policy committee members before it goes ahead and loosens its stance on key interest rates.
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