Thu, Sep 05, 2024
The Chennai-based RAR Fincare Limited was fined Rs 25,000 for failing to obtain the necessary prior permission from the RBI before making significant changes to its management structure. These penalties are part of the RBI’s ongoing efforts to enforce compliance, ensure better governance, and promote transparency across the financial system.
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Wed, Sep 04, 2024
Explore the latest RBI actions, including the ongoing Rs 2000 banknotes withdrawal and recent monetary penalties imposed on banks and non-banking financial companies for regulatory non-compliance and operational violations.
Wed, Aug 28, 2024
India is engaged actively in international fora and bilateral agreements to foster economic cooperation with many countries going forward, and strengthening financial infrastructure, including cross-border payment systems, will be the RBI's key focus areas, he added.
Tue, Jul 09, 2024
The FI-Index has been conceptualised as a comprehensive index incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with the government and respective sectoral regulators.
Fri, Jun 07, 2024
RBI Governor Shaktikanta Das said on Friday that this will enable customers to automatically replenish the balances in Fastag, NCMC, etc. if the balance goes below the threshold limit set by them.
Tue, Jan 30, 2024
The decision to release the amount is based on an assessment of the prevailing and evolving liquidity conditions, the central bank said.
Fri, Dec 01, 2023
The central bank is not only facilitating in-person exchanges but is also accepting Rs 2,000 banknotes for deposit into bank accounts.
Thu, Nov 16, 2023
In India, Q3:2023-24 anticipates higher GDP momentum, buoyed by festival demand and resilient investment activities.
Thu, Aug 24, 2023
MPC to closely monitor the factors impacting inflation and take necessary action, although it expects the recent spike in food prices to be short-lived, minutes of the latest MPC meeting showed.
Sat, Mar 18, 2023
Giving details, the Reserve Bank of India (RBI) said a statutory inspection of the company was conducted by NHB with reference to its financial position as on March 31, 2020.
Thu, Mar 16, 2023
According to the statement, the CBUAE and RBI will jointly conduct proof-of-concept (PoC) and pilot(s) of the bilateral CBDC bridge to facilitate cross-border transactions of remittances and trade.
Mon, Nov 28, 2022
The central bank has also imposed penalties on five other cooperative banks.
While CII is cognisant of the fact that RBI's interest rate hikes of 190 basis points so far in this fiscal have been warranted to tame inflationary pressures, the corporate sector has now started to feel its adverse impact.
Thu, Oct 27, 2022
The transition of currency management from colonial to independent India has been a unique one. From August 14, 1947 (India's independence) to January 26, 1950 (India became a republic) the Reserve Bank continued to issue the extant notes.
Thu, Oct 06, 2022
The auction will be held tomorrow i.e on October 7, 2022 by the Reserve Bank of India (RBI) at the Mumbai Office in Fort.
Thu, Sep 08, 2022
RBI FD Rules 2022: RBI has changed the interest rate for overdue fixed deposits. FDs will now earn less interest if left unclaimed after maturity.
Tue, Aug 16, 2022
Defence Forces with at least 2 in 3 (65 per cent of respondents) reposing faith in them was ranked first, followed by Reserve Bank of India with 1 in 2 (50 per cent).
Tue, Aug 09, 2022
The move came after RBI on Friday raised the benchmark lending rate by 50 basis points to 5.40 per cent.
Fri, Jul 22, 2022
The passage of the bill has enabled the RBI to conduct a pilot and subsequent issuance of the CBDC.
Mon, Apr 04, 2022
Morgan Stanley expects the RBI to embark on policy normalisation with a 15-20bps hike in the reverse repo rate to normalise the policy rate corridor in the upcoming MPC meeting.
Mon, Dec 27, 2021
The Reserve Bank of India has also appointed its Chief General Manager Yogesh K Dayal as an additional director on the board of RBL Bank.
Tue, Nov 30, 2021
The stock tanked 4.99 per cent to its lower circuit limit of Rs 18.10 on both the BSE and NSE.
Sat, Sep 11, 2021
The Reserve Bank of India (RBI) has extended restrictions on People`s Co-operative Bank Limited, Kanpur, for a further period of three months from September 11 to December 10.
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