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The pan-India survey also found out that a whopping 55 per cent of people are planning to deposit their currency notes at the bank

This could soon become a possibility if the RBI accepts the recommendations of a high level committee, which it had formed in May last year to review customer service standards in banks and other lending institutions.

Reserve Bank of India Governor Shaktikanta Das said on Thursday that the committee unanimously decided to keep the repo rate at 6.5 per cent.

The central bank may consider extending the charter to on Banking Financial Companies also, it has suggested

India's forex reserves dropped by USD 4.339 billion to USD 589.138 billion for the week ended May 26

Reserve Bank on Friday imposed a penalty of Rs 2.20 crore on state-owned Indian Overseas Bank for non-compliance

RBI issued a draft master direction on cyber resilience and digital payment security controls for payment system operators

The number of counterfeit currency notes of Rs 500 denomination detected by the banking system, rose by 14.6 per cent to 91,110 pieces in 2022-23 compared to last year

Frauds in the banking sector went up to 13,530 in 2022-23 year-on-year, but the amount involved nearly halved at Rs 30,252 crore

Reserve Bank on Tuesday said the scope of the Central Bank Digital Currency pilot is being expanded gradually

Reserve Bank has found gaps in banks' corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said

Reserve Bank had conducted statutory inspection for supervisory evaluation of the bank with reference to its financial position

Jewellers in India have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement

RBI on Friday made the surprise announcement but gave the public time till September 30 to either deposit Rs 2000 notes in accounts or exchange them at banks

Here are some frequently asked questions answered by RBI regarding the withdrawal of Rs 2000 banknotes

India's gold demand in the January-March quarter of 2023 fell 17 per cent year-on-year to 112.5 tonnes following record-high and volatile gold prices

The review report by Ministry of Finance put on Tuesday categorically stated that India's banking system is considerably less prone to such incidents

Reserve Bank's regulation on outsourcing of IT services by banking sector entities is aimed at improving corporate governance

Given the growth-inflation trade-off, Governor Das took the right call, particularly in the context of global slowdown

The pause in the policy rate hike must be seen as a pragmatic move given the global uncertainty