Search For "reserve bank"
RBI plans a light weight and portable payment system, independent of conve
Updated : 2 years, 9 months ago IST
According to the Reserve Bank of India's annual report of 2022-23, the payment system is expected to operate on minimalistic hardware and software and would be made active only on a need basis.
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India's growth momentum likely to be sustained in 2023-24 amid easing infl
Updated : 2 years, 9 months ago IST
The Reserve Bank of India (RBI) has said India's growth momentum "is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures"
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RBI holds conference for directors on boards of Private Sector Banks
Updated : 2 years, 9 months ago IST
The Reserve Bank on Monday held a conference for the directors on the boards of Private Sector Banks. The conference was held in Mumbai.
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RBI governor Shaktikanta Das flags governance gaps in certain banks
Updated : 2 years, 9 months ago IST
The Reserve Bank of India has come across gaps in corporate governance for certain banks and such gaps have the potential to cause volatility in the overall banking sector, said its governor Shaktikanta Das.
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"Individual directors should not have any conflict of interest," says RBI
Updated : 2 years, 9 months ago IST
While conveying RBI's expectations from the boards of directors of banks and explaining the multi-dimensional responsibility of individual directors, the RBI Governor said, "It is the responsibility of the Board to ensure that policies are in place to identify potential conflicts of interest
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Delhi HC dismisses PIL against RBI notification allowing exchange of Rs 2,
Updated : 2 years, 9 months ago IST
Delhi High Court on Monday dismissed PIL challenging Reserve Bank of India and State Bank of India notifications, which permits the exchange of Rs 2,000 banknotes without obtaining any requisition slip and identity proof.
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India's forex reserves decline over USD 6 billion in week ended May 19
Updated : 2 years, 9 months ago IST
India's overall foreign exchange reserves declined USD 6.05 billion to USD 593.477 billion in the week that ended on May 19, 2023, data released by Reserve Bank of India on Friday showed.
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PIL in Delhi HC challenges RBI decision to withdraw Rs 2000 denomination b
Updated : 2 years, 10 months ago IST
A Public Interest Litigation (PIL) has been moved in Delhi High Court seeking direction to quash the Reserve Bank of India (RBI) Notification dated May 19, 2023, whereby the RBI has taken a decision to withdraw the Rs 2000 denomination banknotes from circulation under the clean note polic
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India's 2022-23 GDP growth may breach estimated 7 pc: RBI Governor
Updated : 2 years, 10 months ago IST
India's gross domestic product in the just-concluded financial year 2022-23 could be more than the estimated 7 per cent, said Reserve Bank of India governor Shaktikanta Das.
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Withdrawal of Rs 2,000 notes a non-event as India's digital payments ecosy
Updated : 2 years, 10 months ago IST
The withdrawal of Rs 2,000 banknotes is likely to be a non-event as India has adopted digital payments on a mass scale, said SBI Research in its latest Ecowrap.
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Exchange of Rs 2,000 notes starts today; Here's all you may need to know
Updated : 2 years, 10 months ago IST
Last Friday, the Reserve Bank of India (RBI) decided to withdraw the Rs 2000 denomination currency notes from circulation, but added they (currency notes) will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2000 denomination banknotes with immediate
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Exchange of Rs 2000 notes can't be done at Post Offices
Updated : 2 years, 10 months ago IST
The exchange facility for Rs 2000 notes is available only at bank branches and post offices cannot be used for it, according to sources.
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