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Reserve Bank of India on Monday said it has imposed a penalty of Rs 2.27 crore on RBL Bank Ltd for non-compliance

Harish rao reviewed the interest component collected by the banks from SHGs and noticed discrepancies then instructed the bankers to verify the loan accounts of SHGs which resulted in refund of Rs 217.61 crores

Challenges persist in terms of cybersecurity, scalability, speed, and privacy aspects of the digital rupee

Digital payments platform PhonePe claims to have digitised over 35 million offline merchants spread across tier 2, 3, 4 cities and beyond, covering 99 per cent pin codes in the country.

Contrary to the initial apprehensions, common people have ceaselessly embraced the digital payment system

The main intention of 'Janbhagidari' 10K run was to create public outreach and promote financial literacy amongst the public, emphasizing safe and secure banking transactions.

India's economic growth fell, for the second consecutive quarter, to 4.4 per cent in October-December

RBI has predicted that 2023 would probably be characterised by a milder global slowdown than anticipated earlier

The 30-share BSE Sensex jumped 360.77 points or 0.60 per cent to 60,646.81 points, while the broader NSE Nifty climbed 121.60 points 0.69 per cent to 17,843.10 points in early trade.

The Central government's new SGrB 2028 and SGrB 2033 are going to be auctioned.

Telangana has remained number one for two consecutive years when it comes to percentage of the State budget spent for development purposes

Economic experts expect the MPC to hike the repo rate by 25-35 basis points (bps) with industry lobby body ASSOCHAM also urging the central bank to do the same.

Higher interest rates and lack of pick-up in consumption against the backdrop of a slowing global economy will pose challenges in H2.

The e-rupee will be a digital token that represents legal tender. It will be issued in the same denominations that paper currency and coins are currently issued.

RBI in its latest Handbook of Statistics on Indian States notes that the installed capacity of power in Telangana has doubled from 9,470 MW in 2014-15 to 18,069 MW in 2021-22

The RBI, in the latest edition of its Handbook of Statistics on Indian States, records the steady decline in MMR in Telangana in the last eight years under the TRS rule.

The unemployment rate recorded was for every 1,000 persons residing in the State.

RBI said the Indian economy exhibited remarkable resilience to multiple shocks encountered in succession since early 2020

India’s digital finance system has taken a big leap forward with the Reserve Bank of India (RBI) rolling out the first pilot digital currency or e-rupee but concerns over privacy issues remain unaddressed. In the first phase, the wholesale version of the digital currency has been launched with the participation of nine banks while the […]

The RBI's Monetary Policy Committee (MPC) will meet on November 3 to discuss what it would tell the Centre as to why it was not able to restrain the inflation.