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"reserve-bank-of-india-rbi"

  • RBI ask banks to ensure ATMs dispense Rs 100, Rs 200 notes

    According to the circular, by September 30, 2025, 75 per cent of all ATMs shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette 
  • RBI to remain ‘agile and proactive’ in its policy actions amid ongoing tariff war: Sanjay Malhotra

    "In view of the rapidly evolving situation, especially on the global front, we are continuously monitoring and assessing the economic outlook. We will be agile and proactive in our actions on the policy front, as always," RBI Governor said, while addressing the 24th FIMMDA-PDAI Annual Conference in Bali
  • BharatPe receives licence from RBI to operate as an online payment aggregator

    The authorisation will allow Resilient to facilitate various payment-related services, including transactions through its own payment gateway, a statement from BharatPe said
  • Indians working abroad sent home a record $129.4 billion in 2024

    India tops the list of recipient countries for remittances in 2024 and is way ahead of second-placed Mexico with $68 billion
  • IndusInd Bank may see a new CEO by October, replacing Sumant Kathpalia: Report

    The board will need to come up with replacement by October, adding that it is unclear if only external names will form part of the shortlist or if any internal candidates will be considered
  • This is how much Indian banks wrote off bad loans in last 10 years

    The highest amount of Rs 2,36,265 crore was written off during FY2018-19 while during 2023-24, banks wrote off bad loans of Rs 1,70,270 crore
  • Digital Arrest, the con that thrives on fear of law enforcement

    There is no such thing as Digital Arrest in the law. Call 1930 for help, says Reserve Bank of India
  • India’s forex reserves up by $1.05 billion

    The forex reserves rose $1.05 billion to reach $630.607 billion for the week ended January 31, according to the Reserve Bank of India (RBI) data. Meanwhile, gold reserves went up by $1.242 billion to $70.893 billion during the week
  • Rupee hits record low, plunges 67 paise against US dollar

    Trump tariffs on Canada, Mexico and China trigger fears of trade war
  • Key highlights of Union Budget 2025-26

    Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which was in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth
  • Retail digital payments grows to over 16,416 crore transactions in FY2023-24

    RBI says while in CY-2013, there were 222 crore digital transactions valued at Rs 772 lakh crore, it has increased 94 times in volume and more than 3.5 times in value to over 20,787 crore transactions valued at Rs 2,758 lakh crore in CY-2024
  • Number of credit cards doubled in 5 years, debit cards stable: RBI

    An RBI report says a similar growth trajectory is witnessed in card transactions as well. During CY2024, there were 447.23 crore and 173.90 crore payment transactions worth of Rs 20.37 lakh crore and Rs 5.16 lakh crore through credit and debit cards, respectively
  • Banks in Telangana will remain closed on these days in February

    Apart from second and fourth Saturdays and all Sundays, the banks will remain closed on Mahashivaratri
  • Budget must focus on structural reforms to promote job creation: Former RBI Governor Subbarao

    This is the first full Budget of the NDA-III government and it must use its enormous political capital to implement politically difficult structural reforms, says the former RBI Governor
  • Call from bank? Pick only if it has these numbers

    Reserve Bank of India has asked banks to follow two particular phone numbering series for transactional and promotional purposes. The move comes amid a surge in fraud cases
  • These are fake notes. No Rs 5,000 note has been released by RBI

    A photo was recently shared on Facebook claiming that Rs 5,000 currency note was about to be released by the Reserve Bank of India. The caption, originally in Hindi, read: “New note of five thousand rupees to be released very soon; RBI gave information”
  • RBI buys another 8 tonnes of gold in November 2024

    The strategy of holding gold is primarily aimed at hedging against inflation and reducing foreign currency risks, especially in times of uncertainty triggered by geopolitical tensions
  • KTR questions Revanth Reddy’s claims on Telangana’s interest repayment

    Referring to the recently released Handbook of Statistics on Indian States 2024 by the Reserve Bank of India (RBI), he dismissed claims that Telangana’s interest payments amount to Rs.50,000-Rs 65,000 crore per annum
  • RBI keeps interest rate unchanged for 11th time in a row, lowers GDP forecast to 6.6%

    Raises inflation target to 4.8 per cent from previous projection of 4.5 per cent for current fiscal
  • 98pc of Rs 2000 notes returned: RBI Update

    As of May 19, 2023, when the withdrawal of Rs 2000 banknotes was announced, their total value in circulation was Rs 3.56 lakh crore, with less than 2% of these notes still circulating.
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