RBI

High-interest rates sacrifice growth: RBI monetary policy member Varma favoured rate cutHigh-interest rates sacrifice growth: RBI monetary policy member Varma favoured rate cut

High-interest rates sacrifice growth: RBI monetary policy member Varma favoured rate cut

Professor Jayanth R Varma, one of the six members of the Reserve Bank of India's (RBI) monetary policy committee, voted…

1 year ago
“Transformation occurred due to honesty, consistency in our efforts”: PM Modi lauds RBI“Transformation occurred due to honesty, consistency in our efforts”: PM Modi lauds RBI

“Transformation occurred due to honesty, consistency in our efforts”: PM Modi lauds RBI

Prime Minister Narendra Modi on Monday applauded the transformation that the Reserve Bank of India witnessed in the last decade…

1 year ago
PM Modi to address ceremony marking 90 years of RBI in Mumbai todayPM Modi to address ceremony marking 90 years of RBI in Mumbai today

PM Modi to address ceremony marking 90 years of RBI in Mumbai today

Prime Minister Narendra Modi will address a ceremony marking 90 years of the Reserve Bank of India in Mumbai today,…

1 year ago
Strong demand, high corporate profits to propel India’s growth ahead: RBIStrong demand, high corporate profits to propel India’s growth ahead: RBI

Strong demand, high corporate profits to propel India’s growth ahead: RBI

The high visibility of structural demand and healthier corporate and bank balance sheets are likely to propel India’s growth going…

1 year ago
Huge cache of fake notes seized in Kolkata, one arrestedHuge cache of fake notes seized in Kolkata, one arrested

Huge cache of fake notes seized in Kolkata, one arrested

A large consignment of fake Indian currency notes (FICN) was seized by Kolkata Police on Sunday and one person arrested…

2 years ago
UPI payments through conversations with AI system to be rolled out soon, says RBIUPI payments through conversations with AI system to be rolled out soon, says RBI

UPI payments through conversations with AI system to be rolled out soon, says RBI

The RBI announced on Thursday that conversational payments on UPI will be introduced soon, which will allow users to engage…

2 years ago
76% of 2000-rupee notes have been returned to banks, says RBI76% of 2000-rupee notes have been returned to banks, says RBI

76% of 2000-rupee notes have been returned to banks, says RBI

The RBI disclosed on Monday that 76 per cent of the 2,000-rupee notes that were in circulation have now been…

2 years ago
50% of Rs 2,000 notes have been returned so far, says RBI50% of Rs 2,000 notes have been returned so far, says RBI

50% of Rs 2,000 notes have been returned so far, says RBI

The RBI disclosed today that 50 percent of the Rs 2,000 notes in circulation have come back in the first.…

2 years ago
No need to fill out forms for exchanging Rs 2000 notes, clarifies SBI No need to fill out forms for exchanging Rs 2000 notes, clarifies SBI 

No need to fill out forms for exchanging Rs 2000 notes, clarifies SBI

The State Bank of India’s top management has informed all branches of the bank that no form or requisition slip…

2 years ago
RBI withdrawing Rs 2,000 notes, sets Sept 30 deadline for people to exchange them at banksRBI withdrawing Rs 2,000 notes, sets Sept 30 deadline for people to exchange them at banks

RBI withdrawing Rs 2,000 notes, sets Sept 30 deadline for people to exchange them at banks

The Reserve Bank of India (RBI) on Friday announced it will withdraw Rs 2,000 notes from circulation and people can…

2 years ago
Paytm must pay Rs 3 lakh to doctor whose account was hacked, rules High CourtPaytm must pay Rs 3 lakh to doctor whose account was hacked, rules High Court

Paytm must pay Rs 3 lakh to doctor whose account was hacked, rules High Court

The Madras High Court has directed the RBI to order Paytm to compensate a doctor for the loss of Rs…

2 years ago
Cardless Cash Withdrawal From All ATMs To Be Available Soon Via UPI: RBI Governor Shaktikanta DasCardless Cash Withdrawal From All ATMs To Be Available Soon Via UPI: RBI Governor Shaktikanta Das

Cardless Cash Withdrawal From All ATMs To Be Available Soon Via UPI: RBI Governor Shaktikanta Das

<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/Jwycc6UsGLg" title="YouTube video player" width="560"></iframe></p> <p> In India, if…

3 years ago