rbi

Rs.2000 Currency Notes were not printed in the year 2019-20…Know more here !!!

The Reserve Bank of India didn’t  print a single currency note of Rs 2,000  in 2019-20, according to RBI Annual…

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RBI’s new loan restructuring framework comforts the borrowers – Queries cleared!!!Read more….

The Reserve Bank of India today said it would allow lenders to restructure loans of borrowers who are struggling to…

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RBI issues new ruling framing complaint settlement for Online transactions

It is often the case that complaints related to Online transactions are being passed on day after day. The remitter…

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‘Demonetising RBI Governor’ Urjit Patel will become new NIPFP Chairman

Former RBI Governor who helmed the demonetisation of 2018,November will soon become the Chairman of National Institute of Public Finance…

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Former RBI governor says support for migrant labours not enough: Basic necessities not met

Basic necessities not met in the stimulus package: The union governments fat Rs 20.9 lakh stimulus package is narrowed to…

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India’s GDP shrinks to negative contraction in 40 years: RBI governor discusses on the options left

Nodding yes! to the forecasts and warnings of rating agencies RBI Governor Shaktikanta Das, today agreed that the Indian GDP…

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Coronavirus Lockdown : RBI cuts interest rates, extends loan moratorium

Reserve Bank of India (RBI) Governor Shaktikanta Das today cut the repo rate by 40 basis points to 4% and…

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RBI Director requests Prime minister to reschedule loan accounts

Reserve Director Satish Marathe wrote to PM on Thursday urging him to consider rescheduling of loan accounts to help the…

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Here are the key points of RBI’s monetary policy

Following are the major points and announcements made by RBI’s governor. *Monetary Policy Committee (MPC) advances meeting scheduled for Apr…

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COVID 19: RBI cuts repo rate. Announces other important steps

A day after Union Finance Minister Nirmala Sitharaman announced an economic relief package, RBI Governor Shaktikanta Das  today announced a…

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Michael Patra appointed as new RBI deputy governor

India’s government appointed career central banker Michael Patra as one of the Reserve Bank of India’s four deputy governors for…

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RBI launches mobile aided note identifier app for visually challenged individuals

Reserve Bank of India Governor Shaktikanta Das on Wednesday launched a mobile app to help visually-impaired people to identify the…

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RBI launches new payment card for digital transactions

Reserve Bank of India (RBI) on Tuesday introduced a new type of semi-closed prepaid payment instrument (PPI), which can be…

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RBI announces new guidelines on ATM transactions ; details inside

Reserve Bank Of India announced a slew of new measures to ensure the safety of ATM transactions going forward. In…

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October Retail inflation breaches RBI’s target

The retail inflation for the month of October has surged to 4.62 per cent, official data showed on Wednesday. The…

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RBI imposes Rs 1 Crore fine on this bank

Reserve Bank of India on Tuesday imposed a penalty of Rs 1 Crore on Pune-based Janata Sahakari Bank Ltd for…

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RBI imposes huge fine on Lakshmi Vilas Bank, Syndicate Bank

The Reserve Bank has imposed a monetary penalty of Rs1 crore on Lakshmi Vilas Bank and ?75 lakh on Syndicate…

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Govt may seek Rs 30,000 crore interim dividend from RBI : Report

Centre government is likely to seek Rs 30,000 crore worth of interim dividend from the Reserve Bank of India to…

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RBI to to transfer Rs 1.76 lakh crore in dividend and surplus reserve to the government.

The Reserve Bank Of India has now decided to tranfer amount of rupees 1.76 lakh crore in dividend and surplus…

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Loans to become cheaper as RBI cuts repo rate again

Reserve Bank of India (RBI) in its third bi-monthly Monetary Policy Statement for 2019-20 cut the repo rate by 0.35…

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RBI to release new Rs 20 currency note soon

The Reserve Bank of India (RBI) is all set to release the new Rs 20 note in the market. The…

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No charges on RTGS and NEFT transactions : RBI

The Reserve Bank of India (RBI) on Thursday waived off the National Electronic Funds Transfer (NEFT) and Real Time Gross…

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RBI releases new greenish-yellow Rs 20 note

The Reserve Bank of India (RBI) has announced to soon release note of Rs 20 denomination in the Mahatma Gandhi…

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RBI Issues New Rs 50 Currency Note

The Reserve Bank of India (RBI) on Tuesday issued new Rs 50 notes bearing the signature of its Governor Shaktikanta…

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RBI denies IDBI bank’s decision to alter its name

The Reserve Bank Of India has now refused to allow IDBI Bank to change their existing name. IDBI bank is…

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RBI to pay Rs 28,000 crore as interim dividend to Modi govt before elections

The Reserve Bank on Monday said it will give Rs 28,000 crore to the government as interim dividend.The decision was…

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RBI warns govt over micro loan programme under Mudra Scheme

The Reserve Bank of India (RBI) has raised a red-flag on the spike in non-performing assets (NPAs) under the government’s…

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RBI appointed the Infosys co-founder as the head of digital payments

Reports says that the Infosys co-founder Nandan Nilekani is appointed as the chairman of RBI committee to handle the digital…

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RBI is instructed to solve the dry ATM issue

New Delhi: Reserve Bank of India is instructed to solve the dry ATM issue. People are facing the problem of…

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RBI reduced the printing of Rs 2000 to” minimum”

The Reserve Bank of India has reduced the printing of Rs 2000 note to “minimum”.RBI came out with Rs 2000…

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Government to stop printing of Rs 2000 notes : Report

The Rs 2000 note that was introduced after Prime Minister Narendra Modi, in a surprise move announced, demonetisation of all…

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Meet the New RBI Governor-Shaktikanta Das

After the resignation of Urjit Patel, Shaktikanta Das is taking charge of the central bank as the new Governor of…

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RBI Governor’s resignation: This is how Major Leaders responded

Reserve Bank of India Governor Urjit Patel stepped down from his post yesterday citing “personal reasons”. On account of personal…

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New Rs 100 note : Here’s how to check whether the note is Real or Fake

The RBI recently made an announcement informing people that Rs 100 currency note would soon be made available with banks.…

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“Play Like Rahul Dravid, Not Like Navjot Singh Sidhu”: Raghuram Rajan’s Cricket Analogy is Turning Heads

What has Rahul Dravid got to do with Reserve bank or the financial policies? Ask Raghuram Rajan and he has…

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