Reserve Bank of India (RBI)
- Aug- 2019 -9 AugustLatest News
SBI lowers lending rates from tomorrow
State bank of India, the largest public sector bank in the country has announced that will reduce the interest rate…
Read More » - 7 AugustLatest News
You can have round the clock money transaction; RBI announce ‘NEFT’ timing change
The apex bank of India, Reserve Bank of India (RBI0 has announced that the National Electronic Fund Transfer (NEFT) timings…
Read More » - 2 AugustLatest News
India’s forex reserve fall down
As per the data released by Reserve Bank of India (RBI), India’s foreign exchange reserve has declined in the last…
Read More » - Jul- 2019 -31 JulyBusiness
Reserve Bank slams Rs 25 lakh fine on Mobikwik, Hip Bar for violating norms
The apex bank of India Reserve bank of India (RBI) has imposed a fine of Rs. 26 lakh rupees on…
Read More » - 3 JulyIndia
Top 30 defaulters account for 1/3 of gross non-performing asset of banks
A Right To Information document received from the Reserve Bank of India has revealed that the country’s top 30 defaulters…
Read More » - 1 JulyBusiness
Fund transfer through RTGS, NEFT set to get cheaper from today
The fund transfer through RTGS and NEFT will become cheaper from today. This is because as the Reserve Bank of…
Read More » - Jun- 2019 -24 JuneBusiness
Reserve Bank deputy governor resigned
Viral Acharya, the deputy governor of Reserve bank of India (RBI) has resigned from his post. He resigned the post…
Read More » - 16 JuneBusiness
Bank’s to pay penalty if ATM’s run out of cash
The Reserve Bank of Inda has given an instruction to all banks in India that the banks will have to…
Read More » - 11 JuneBusiness
Banks to allow 4 withdrawals per month from July
From July 1 onwards the basic savings bank deposit (BSBD) account holders to make four withdrawals free. The Reserve Bank…
Read More » - 8 JuneBusiness
RBI reports says that India has less ATM’s in 2019 than 2017
A report released by the Reserve Bank of India claimed that the country has fewer ATMs in 2019 than in…
Read More » - 8 JuneBusiness
India’s Forex reserves increased
A data released by the Reserve Bank of India revealed that the country’s foreign exchange reserves have increased. The forex…
Read More » - May- 2019 -1 MayBusiness
Govt aims at merging more public sector banks
The union government is aiming at merging more public sector banks. After the successful merging of Vijay bank and Dena…
Read More » - Apr- 2019 -29 AprilBusiness
SBI: New rules to come into effect from May 1
The largest Public Sector Bank in India, State Bank of India( SBI) has changed some rules that will come into…
Read More » - 9 AprilBusiness
Currency Chests: Reserve Bank issues new guidelines for banks
Reserve Bank of India(RBI) has come out with guidelines for banks to set up new currency chests, which include a…
Read More » - Mar- 2019 -30 MarchBusiness
India’s foreign exchange reserve surged to $ 406.7 billion
The Foreign Exchange Reserve of India continues to surge. According to the data released by the Reserve Bank of India,…
Read More » - 28 MarchBusiness
Banks to remain open on March 31, Sunday
The Banks will be working on the coming Sunday, that is March 31. The Reserve Bank of India (RBI) has…
Read More » - 26 MarchBusiness
RBI imposed Rs 2 crore penalty on PNB
The Reserve Bank of India has imposed a penalty of Rs 2 crore on Punjab National Bank for non-compliance of…
Read More » - 13 MarchBusiness
Reserve Bank to infuse 12,500 crore tomorrow
The Reserve Bank of India has said it will infuse 12,500 crore rupees into the system through open market operations…
Read More » - Feb- 2019 -28 FebruaryBusiness
Reserve Bank of India and Bank of Japan sign ‘Agreement for Bilateral Swap Arrangement’
Reserve Bank of India and Bank of Japan have signed a Bilateral Swap Arrangement (BSA). The BSA provides for India…
Read More » - 21 FebruaryBusiness
RBI to give Rs 28,000 crore as dividend
The Reserve Bank has announced that it will transfer an interim surplus of 28,000 crore rupees to the central government…
Read More » - 13 FebruaryBusiness
Multiple Indian banks penalised by RBI
Reserve Bank has imposed a monetary penalty of two million rupees each on HDFC Bank, IDBI Bank and Kotak Mahindra…
Read More » - 7 FebruaryBusiness
Rate cut by RBI will give boost to economy: Finance Minister
Finance Minister Piyush Goyal has said that the rate cut by the RBI will give a boost to the economy…
Read More » - 7 FebruaryBusiness
Monetary Policy: RBI cuts repo rate, reverse repo rate
Reserve Bank of India in its bi-monthly monetary policy has reduced repo rate by 25 basis points to 6.25%. RBI’s…
Read More » - 2 FebruaryBusiness
Sovereign Gold Bond Scheme to be opened from Monday
The Sovereign Gold Bond Scheme 2018-19 (Series 6) will be opened from Monday. It will continue till Friday. The issue…
Read More » - Jan- 2019 -18 JanuaryBusiness
Forex reserves increased by USD 1.26 billion to USD 397.35 billion
The forex reserves continued its upward march and increased by USD 1.267 billion to USD 397.351…
Read More » - 16 JanuaryBusiness
RBI to inject Rs 10,000 crore through open market operations
To increase liquidity Reserve Bank of India (RBI) would inject Rs 10,000 crore into the system through the purchase of…
Read More » - 14 JanuaryBusiness
WPI inflation falls to 8-month low in December
Inflation based on wholesale prices fell to a 8-month low of 3.80% in December 2018, on softening prices of fuel…
Read More » - 8 JanuaryBusiness
RBI forms committee to boost digital payments
Reserve Bank of India has constituted a High-Level Committee on Deepening of Digital Payments to encourage digitization of payments and…
Read More » - 1 JanuaryBusiness
Urjit Patel wanted to resign months ago, says Prime Minister
Prime Minister Narendra Modi in an interview given to a news agency informed that former Reserve Bank of India governor…
Read More » - Dec- 2018 -30 DecemberBusiness
RBI looking to use mobile phone-based solution to help visually impaired
The Reserve Bank of India is exploring the possibility of a mobile phone-based solution to help visually-impaired people easily identify…
Read More » - 19 DecemberBusiness
Public Sector Bank written off Rs 30,000 crores loans
One of the Public Sector Bank is going to write off rupees 30,000 crore loans. IDBI Bank, which is one…
Read More » - 12 DecemberIndia
The decision to appoint Shashikanth Das wrong: Subramanian Swamy
The Bjp leader Subramanian Swamy came down heavily on new RBI governor Shaktikanta Das. He said that it was a…
Read More » - 10 DecemberIndia
RBI Governor Urjit Patel resigns
In giving a terrific shock to the Narendra Modi led NDA government, Reserve Bank Of India Governor Dr. Urjit Patel…
Read More » - 2 DecemberBusiness
The Reserve Bank is likely to maintain status-quo on interest rate
The Reserve Bank is likely to maintain status quo on interest rate in the upcoming monetary policy review on December…
Read More » - Nov- 2018 -27 NovemberIndia
RBI Governor Urjit Patel appear before Parliamentary Standing Committee on Finance
RBI Governor Urjit Patel appeared before Parliamentary Standing Committee on Finance today. Patel briefed and give bank’s opinion on demonetization,…
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