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"reserve-bank-of-india"

  • RBI allows pre-sanctioned credit lines through UPI

    In April, the RBI proposed to expand the scope of the UPI by enabling transfer to/from pre-sanctioned credit lines at banks
  • RBI Central Board reviews global, domestic economic situation

    The Central Board of Directors of the Reserve Bank of India on Friday reviewed the global and domestic economic situation and associated challenges.
  • Last chance to exchange Rs 2,000 notes approaches; here’s how to do it

    The exchange and deposit facilities for these notes are accessible not only at banks but also at the 19 Regional Offices (ROs) of the RBI that have Issue Departments.
  • All-India House Price Index up by 5.1 per cent: RBI data

    The RBI releases quarterly House Price Index based on transaction-level data received from the registration authorities in ten major cities
  • Banks in Hyderabad to remain closed for eight Days in September

    In fact, there are going to be a total of 17 holidays this month, including Sundays and the second and fourth Saturdays. These holidays are allowed under the Negotiable Instruments Act.
  • Rupee falls 3 paise to close at all-time low of 83.13 against US dollar

    At the interbank foreign exchange market, the local unit opened at 83.10 against the US dollar and moved in a range of 83.05 to 83.16 in the day trade.
  • BRS manifesto at Warangal rally on Oct 16

    Asked about the election manifesto, he said the party would unveil the new manifesto at a mammoth rally to be organised at Warangal on October 16.
  • RBI launches centralised web portal ‘UDGAM’ for unclaimed deposits

    This portal has been developed by RBI for use by members of the public to facilitate and make it easier for them to search their unclaimed deposits across multiple banks in one place, an RBI release said
  • Editorial: In pause mode

    One should not hope for a rate cut this financial year since inflation is set to hover above 5%
  • Rupee falls 16 paise to 82.82 against US dollar amid losses in local equities

    The rupee depreciated by 16 paise to settle at 82.82 against the US dollar on Friday amid weak sentiment in the equity markets
  • Don’t camouflage stress, extend loans for reasonable period: Shaktikanta Das to banks

    It is necessary to avoid unduly long elongation which sometimes may ... camouflage an underlying stress in a particular loan, Governor Shaktikanta Das said
  • RBI retains repo rate at 6.5%

    RBI Governor Shaktikanta Das said on Thursday that the committee unanimously decided to keep the repo rate at 6.5 per cent.
  • India’s major banks remain unprepared to confront climate risks: Report

    The analysis finds little progress towards climate-preparedness among India's 34 largest banks that have a combined market cap of Rs 29.5 trillion
  • Rupee falls 12 paise to 82.05 against US dollar

    At the interbank foreign exchange, the domestic unit opened at 82.03, then touched 82.05, registering a decline of 12 paise over its last close.
  • Dinesh Khara: RBI likely to maintain status quo in upcoming monetary policy

    During an event organised by CII, SBI Chairman said that they don't expect rate cut, status quo is likely to be maintained by the RBI.
  • ‘Withdrawal of Rs 2,000 notes pushes deposit to six-year high of Rs 191.6 lakh cr in June’

    Earlier this month, the RBI said more than three-fourths of the total 3.62 lakh crore of Rs 2,000 bank notes have come back to the system
  • Credit card spending hits record high at Rs 1.4 lakh crore in May; cards in use at 87.4 million

    Credit card spending has hit a record high of Rs 1.4 lakh crore in May, the latest data from Reserve Bank of India showed.
  • Stable coins ‘existential threat’ to policy sovereignty, CBDCs best solution for cross-border payments: RBI DG

    Rabi Sankar on Tuesday went public with India's concerns on stable coins, saying that they pose an "existential threat" to most countries' policy sovereignty
  • Hyderabad cops effort leads to RBI imposing penalty on Mahesh Bank

    The criminal act was carried out through a series of phishing emails that were cleverly disguised and sent to bank employees
  • J Swaminathan takes charge as RBI Deputy Governor

    Top banker J. Swaminathan on Monday took charge as the Deputy Governor of Reserve Bank of India
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