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"rbi"

  • 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
  • Instructions on compromise settlements rationalise regulatory norms: RBI

    RBI on June 8 issued a comprehensive regulatory framework governing compromise settlements and technical write-offs covering all regulated entities
  • Telangana High Court issues contempt notice against RBI

    Justice CV Bhaskar Reddy of the Telangana High Court on Monday issued a contempt notice against the Reserve Bank of India
  • Bank unions oppose RBI’s decision to allow compromise settlement for wilful defaulters

    Bank unions AIBOC and AIBEA have opposed the Reserve Bank's move to allow lenders to settle loans of wilful defaulters
  • Fuel, jewellery, grocery top 3 preferred items for people offloading Rs 2,000 notes: Survey

    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
  • RBI to levy penalties on banks that lose property papers of borrowers

    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 MPC retains repo rate at 6.5%

    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.
  • Make customers’ rights charter enforceable, says RBI panel

    The central bank may consider extending the charter to on Banking Financial Companies also, it has suggested
  • India’s forex kitty drops USD 4.34 billion to USD 589.14 billion

    India's forex reserves dropped by USD 4.339 billion to USD 589.138 billion for the week ended May 26
  • RBI imposes Rs 2.20 crore penalty on Indian Overseas Bank

    Reserve Bank on Friday imposed a penalty of Rs 2.20 crore on state-owned Indian Overseas Bank for non-compliance
  • RBI issues draft directions on digital payment security controls

    RBI issued a draft master direction on cyber resilience and digital payment security controls for payment system operators
  • Number of Rs 500 fake currency notes rose by 14.6 per cent: RBI

    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
  • Number of frauds rose in FY23, amount involved halved: RBI data

    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
  • CBDC pilot expanded; to include more banks, locations: RBI

    Reserve Bank on Tuesday said the scope of the Central Bank Digital Currency pilot is being expanded gradually
  • RBI found gaps in corporate governance at banks despite guidelines: Shaktikanta Das

    Reserve Bank has found gaps in banks' corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said
  • RBI imposes Rs 84.50 lakh penalty on Central Bank of India for non-compliance

    Reserve Bank had conducted statutory inspection for supervisory evaluation of the bank with reference to its financial position
  • Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

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