Search For "the reserve bank of india"
RBI caps merchant discount rates to boost debit card transactions
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): In a bid to boost transactions using debit cards, and digitisation on the whole, the Reserve Bank of India (RBI) on Wednesday has capped merchant discount rate (MDR) and will create a framework for asset-light acceptance infrastructure.
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Bank recapitalisation plan a reform and recap package: RBI Guv
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): The Reserve Bank of India (RBI) Governor Dr Urjit Patel hailed the recently-announced bank recapitalisation plan as a "reform and recap package", adding that the move will give a much-needed impetus to credit growth in the economy.
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
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RBI issues warning on Bitcoins, other virtual currencies
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Tuesday called on those trading in Bitcoins and other virtual currencies regarding the risks involved in the same.
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Govt incentives digital purchase of gold bonds
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 25 (ANI): In a bid to fuel the digitisation drive, the Government of India in consultation with the Reserve Bank of India (RBI) announced a discount of Rs. 50 per gram from the issue price of gold bonds to those investors, who apply online and pertain to digital mode o
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Bitcoin investments new attraction for Indians, say experts
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov.18 (ANI) Experts involved or associated with the Bitcoin industry, maintain that it has emerged as a new attraction for Indians who are keen to augment their wealth, notwithstanding calls issued by the Supreme Court to the Reserve Bank of India (RBI) to put in place ef
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RBI urges doorstep banking for senior citizens, differently-abled
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 10 (ANI): In a bid to facilitate seamless banking for all sections of the society, the Reserve Bank of India directed all banks to implement doorstep banking facilities for differently-abled citizens and those above 70 years of age by December this year.
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Govt. of India announces sale of floating rate bonds
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 30 (ANI): The Government of India has announced the sale (re-issue) of several floating rate bonds. The auctions will be conducted by the Reserve Bank of India (RBI) on November 3.
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Linking bank accounts to Aadhaar mandatory, confirms RBI
Updated : 8 years, 5 months ago IST
New Delhi (India), Oct 21 (ANI): The Reserve Bank of India (RBI) on Saturday confirmed that it is mandatory to link bank accounts to Aadhaar.
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Govt incentivises online purchase, payment of Gold Bonds
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 21 (ANI): In a bid to fuel the ongoing digitisation drive, the Government of India in consultation with the Reserve Bank of India (RBI) announced a discount on the purchase of Sovereign Gold Bonds, if made online and paid digitally.
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Fresh funding to enable LenDenClub meet capital requirement set by RBI
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 18 (ANI): After a successful growth stint in the past six months, LenDenClub, a P2P lending platform is looking to meet the capital requirement set by the Reserve Bank of India (RBI) regulations, banking on the newly secured capital which is being used to enhance the
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Peer to peer lending now needs NBFC registration
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct 13 (ANI-NewsVoir): Finally, after more than one year of uncertainty about peer-to-peer lending startups regulations. The Reserve Bank of India (RBI), in a gazette notification, stated that after confirming its necessity, peer-to-peer lending startups have been identifi
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