Search For "reserve bank"
PM Modi praises RBI's 90-year milestone, charts course for India's economi
Updated : 1 year, 11 months ago IST
According to a PM office press release, Prime Minister Modi unveiled a commemorative coin and applauded the pivotal role of the RBI in shaping India's economic landscape.
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"RBI's evolution closely intertwined with development of Indian economy",
Updated : 1 year, 11 months ago IST
Governor Das remarked, "The journey of reserve bank over the 9 decades has been one of efficient functioning and contribution to the nations' progress."
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"Transformation occurred due to honesty, consistency in our efforts": PM M
Updated : 1 year, 11 months ago IST
"The transformation occurred because there was honesty and consistency in our efforts. This change has come because our policies, intentions and decisions were clear. When the intentions are clear, then the policies are right. When policies are right, then the decisions are right. And whe
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PM Modi to address ceremony marking 90 years of RBI in Mumbai today
Updated : 1 year, 11 months ago IST
The event will also be attended by Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das.
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Rs 2000 banknotes: Exchange, deposit at RBI offices won't be available on
Updated : 1 year, 11 months ago IST
The window for the exchange or deposit of Rs 2000 banknotes at RBI regional offices will not be available on Monday, April 1.
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Reserve assets rose by USD 34.8 bn, net claims of NRI decreased by USD 12.
Updated : 1 year, 11 months ago IST
According to Reserve Bank of India, this dip in net claims is primarily attributed to a substantial surge in Indian residents' overseas financial assets, amounting to USD 40.7 billion, outpacing the increase in foreign-owned assets within India, which stood at USD 28.5 billion.
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Rs 2000 banknotes: Exchange, deposit at RBI offices won't be available on
Updated : 1 year, 11 months ago IST
The central bank cited operations related to "Annual Closing of Accounts" as the reason behind the unavailability of exchange and deposit services. The facility will resume on Tuesday.
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RBI releases schedule for 2024-25 monetary policy meetings
Updated : 1 year, 11 months ago IST
The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.
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Innoviti Receives RBI's Final Authorization to Operate as an Online Paymen
Updated : 1 year, 11 months ago IST
Bengaluru (Karnataka) [India], March 27: Innoviti Technologies Pvt. Ltd., India's largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, announced today that it has received the final authorization from the Reserve Bank of India (RBI) to operate a
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At USD 642.49 billion, India's foreign exchange reserves hit all-time high
Updated : 1 year, 12 months ago IST
India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.292 billion in the week that ended on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion.
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RBI offices to remain open for greater convenience of taxpayers on March 3
Updated : 1 year, 12 months ago IST
In a statement on special measures for the current financial year (2023-24) and in the wake of the annual closing of government accounts, the Reserve Bank said that electronic transactions can be done till the stipulated time on both days (March 30 and March 31).
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Government requests all agency banks to remain open for public on March 31
Updated : 2 years ago IST
According to Reserve bank of India, this decision comes with the objective of ensuring that all government transactions related to receipts and payments for the fiscal year 2023-24 are accounted for within the stipulated timeframe.
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