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"reserve-bank-of-india"

  • 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
  • Higher retail inflation has hit personal consumption expenditure: RBI

    The Reserve Bank of India has said that higher retail inflation has impacted personal consumption expenditure
  • Opinion: Why is Governor Das sceptical

    Banks not displaying signs of stress in their loan book despite the central bank hiking repo rate by 250 basis points since last May could be one of the reasons
  • RBI’s MPC unanimous in keeping rates unchanged, member echoes reservation

    RBI monetary policy committee (MPC) unanimously voted to keep the repo rates unchanged during their meeting
  • BJP behind missing Rs 88,000 cr worth 500 notes: Satish Reddy

    An RTI query has revealed a gigantic mismatch between the numbers of Rs 500 notes printed in Indian mints and those received by the Reserve Bank of India
  • Low wages plague Gujarat model: RBI data highlights dismal conditions for workers

    Recent data compiled by RBI reveals that MP and Gujarat, both governed by the BJP, have the lowest daily wages in India.
  • UP’s debt burden to touch Rs 7.84 trillion in FY 2023-24, 40% higher than before

    With general elections round the corner and the Yogi Adityanath government pushing populist schemes, financial experts feel that the debt could rise further
  • 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.
  • Telangana registers lowest market borrowings in 2022-23

    Telangana availed market borrowings amounting to Rs.40,150 crore and also scored the lowest debt to GSDP ratio of 25.3 percent among five southern States
  • 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
  • Cash sales at petrol pump spike to 90 per cent as customers rush to use Rs 2,000 notes

    Cash purchase of fuel at petrol pumps using Rs 2,000 notes has spiked to almost 90 per cent of daily sales
  • No forms, ID cards needed to exchange Rs 2000 notes: SBI

    SBI customers will not be required to submit any ID cards or fill out any requisition forms to exchange their Rs 2000 currency notes.
  • Raj Thackeray slams Centre over RBI’s decision to withdraw Rs 2000 notes

    Speaking to the reporters, Raj Thackeray said, "I had said this at that time as well. If someone takes a decision with proper thought then this won't happen
  • Congress demands fair investigation in withdrawal of Rs 2,000 notes from circulation

    Congress President Mallikarjun Kharge on Saturday slammed the government for withdrawing Rs 2000 notes form circulation
  • Centre to get Rs 87,416 crore dividend from RBI

    Dividend payout is significantly higher than the amount estimated in the Union Budget 2023-24 from the central bank
  • RBI withdraws Rs 2000 notes; to continue as legal tender

    According to the new guidelines the notes which are already in circulation will be considered valid untill September 30 and there won't any printing of fresh notes
  • Sensex surges 153 points on the back of strong global cues

    key benchmarks of the domestic equity market made gains on Monday morning, tracking strong global cues
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