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"rbi"

  • 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
  • Opposition attacks Centre over withdrawal of Rs 2000 currency notes

    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
  • RBI pulls Rs 2000 notes out of circulation, here’s what you need to know

    Here are some frequently asked questions answered by RBI regarding the withdrawal of Rs 2000 banknotes
  • India’s gold demand likely to be muted in 2023: World Gold Council

    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
  • Indian banking system less prone to SVB-like incidents: Ministry of Finance report

    The review report by Ministry of Finance put on Tuesday categorically stated that India's banking system is considerably less prone to such incidents
  • RBI’s norms on outsourcing IT services aimed at improving corporate governance, say experts

    Reserve Bank's regulation on outsourcing of IT services by banking sector entities is aimed at improving corporate governance
  • Opinion: Well-intended pause by RBI

    Given the growth-inflation trade-off, Governor Das took the right call, particularly in the context of global slowdown
  • Editorial: Growth weighs on RBI

    The pause in the policy rate hike must be seen as a pragmatic move given the global uncertainty
  • It’s a pause, not a pivot: RBI Governor on decision to hold interest rate

    Governor Shaktikanta Das on Thursday said "it's a pause and not a pivot" about the Reserve Bank's surprise decision to hold the key policy rate
  • India’s GDP to slide down to 6.3 per cent in 2023-24

    World Bank said that economic growth is likely to be impacted due to sluggish consumption growth, coupled with challenging external factors
  • Mahavir Jayanti: Indian stock markets to remain shut today

    Later this week, on Friday, too, the markets will be closed for Good Friday. Again, on April 14, markets will be shut for trade on account of Dr. Baba Saheb Ambedkar Jayanti.
  • Overseas assets of Indians rose in Dec quarter of 2022-23: RBI data

    Reserve assets accounted for 64.3 per cent of India's international financial assets during the third quarter of 2022-23
  • RBI directs all banks to keep branches open till March 31 for annual closing

    In a letter to all agency banks on Tuesday, the RBI said that all government transactions done by agency banks for 2022-23 must be accounted for within the same financial year.
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