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"rbi"

  • RBI says 88 per cent of Rs 2,000 notes returned to banks

    RBI said the total value of Rs 2,000 banknotes received back from circulation is Rs 3.14 lakh crore up to July 31, 2023
  • RBI may maintain status-quo on interest rate, say experts

    Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review
  • Sebi mandates Legal Entity Identifier for all non-individual FPIs

    Sebi on Thursday made it mandatory for all non-individual FPIs to provide their Legal Entity Identifier details
  • Digital payments rise 13 pc y-o-y at March-end 2023: RBI data

    Digital payments across the country registered a growth of 13.24 per cent in a year through March 2023
  • Currency note with ‘star’ symbol identical to any other legal banknote, says RBI

    (*) symbol is inserted in the number panel of a banknote that is used as replacement for defectively printed notes in a packet of 100 pieces of serially numbered banknotes
  • RBI permits banks to open vostro accounts from 22 countries for trade in rupee

    This would enable exporters and importers to invoice and pay in their respective domestic currencies enabling the development of a bilateral foreign exchange
  • Central banks need to incorporate climate-related risks in supervisory framework: RBI deputy governor

    The deputy governor further said over the years, Reserve Bank has been taking various policy measures to promote and support green finance initiatives
  • Paytm’s CEO Vijay Shekhar: Expects free cash flow by year-end

    Paytm has reported a narrowing of loss to Rs 358.4 crore in the first quarter ended June 30, 2023.
  • RBI’s returns from investments set to jump by USD 6-8 bn in FY24

    For the week to July 7, the forex reserves rose by USD 1.23 billion to USD 596.3 billion, but still vastly down from the USD 645 billion peak
  • Rising tomato prices received widespread attention as it has taken toll on households’ budgets: RBI article

    In recent weeks, the price of tomatoes has soared to up to Rs 250 per kilogram, mainly due to crop damage
  • RBI, CBUAE sign pacts to promote use of rupee, UAE dirham for cross-border transactions

    The agreements were exchanged between the two governors, in the presence of the Prime Minister of India Narendra Modi and Sheikh Mohamed Bin Zayed Al Nahyan
  • India’s forex reserves rise USD 1.23 billion to USD 596.28 billion

    India's foreign exchange reserves jumped USD 1.229 billion to USD 596.28 billion in the week ended July 7
  • RBI Governor asks banks to remain vigilant amid adverse global scenario

    Governor Shaktikanta Das on Tuesday told chiefs of public and private sector banks that owing to prevailing adverse global conditions, banks need to be extra vigilant
  • Cyber crimes: Parliamentary panel to hear RBI, IT ministry officials

    The parliamentary committee on Finance headed by BJP's Jayant Sinha has called RBI and MeitY officials on July 20, the first day of the Monsoon session
  • Delhi HC dismisses plea challenging RBI’s decision on Rs 2000 note withdrawal

    The same bench recently dismissed a plea which challenged the permission to exchange Rs 2000 currency notes without any identity proof following the withdrawal of the highest-value currency notes from circulation.
  • Banks’ net interest margin jumps 46 basis points to 3.3 pc in March quarter: Report

    Banks' net interest margin grew 46 basis points to 3.3 per cent in the January-March quarter
  • Housing loans’ share in total advances rose, says RBI report

    Residential housing loans' share on total advances rose to 14.2 per cent in March 2023 from 8.6 per cent in March 2012
  • Govt raises interest rates on select small saving schemes by up to 0.3 per cent

    Government on Friday raised interest rates on select saving schemes by up to 0.3 per cent for the July-September quarter
  • Banks to begin reporting on new data warehouse CIMS: RBI Gov

    Shaktikanta Das on Friday said commercial banks will first begin reporting on the central bank's latest next-generation data warehouse
  • India’s Forex reserves drop USD 2.9 billion to USD 593.19 billion

    India's forex reserves dropped USD 2.901 billion to USD 593.198 billion in the week ended June 23
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