RBI

RBI imposes 1.45 crore penalty on Central Bank of India, 96.4 lakh fine on Sonali Bank PLC

NEW DELHI: The Reserve Bank of India (RBI) imposed a penalty of Rs 1.45 crore on the Central Bank of…

5 months ago

India’s forex reserves surge $4.3 billion to hit new lifetime high

NEW DELHI: India's foreign exchange reserves rose for the second consecutive week, reaching a new all-time high of $ 655.817…

5 months ago

Markets hold on to early gains after RBI monetary policy decision

Men watch stock news on a display screen as Sensex opens. File. | Photo Credit: ANI Benchmark equity indices jumped…

5 months ago

The people’s bank that LiquiLoans has built

The non-banking finance company founded in 2018 had stitched some early high-profile partnerships with fintech platforms Cred and BharatPe. It…

5 months ago

Paytm Payments Bank Board Is Independent, Paytm CEO Vijay Shekhar Sharma Says

The board of India's Paytm Payments Bank is independent and capable of addressing regulatory concerns, the chief executive officer of…

5 months ago

Cyber frauds: How are money mule scams impacting India’s financial inclusion efforts?

A 400% increase in payment frauds, cases where 125 young boys are collectively duped out of ₹1 crore, life savings…

5 months ago

Why did RBI bring 100 tonnes of gold reserves back to India? RBI governor Shaktikanta Das explains

Why did RBI move 100 tonnes of India’s gold reserves back into the country? TOI was the first to report…

5 months ago

UPI not working: RBI says that this is the very likely reason

RBI Governor Shaktikanta Das has pointed out that the frequent disruptions in UPI payments are mainly due to the banks’…

5 months ago

NCB Said to Have Busted Narcotics Gang Involved in DarkNet, Cryptocurrency

The Narcotics Control Bureau (NCB) has busted an international criminal gang that dealt in drugs using DarkNet and cryptocurrency with…

5 months ago

RBI warns against ‘usurious’ rates on small-ticket loans

MUMBAI: RBI has said that it is engaging with providers of small-ticket loans who charge 'usurious' interest rates, asking them…

5 months ago

RBI raises FY25 GDP forecast to 7.2%

MUMBAI: RBI governor Shaktikanta Das on Friday left key policy rates unchanged for the 8th consecutive time but raised growth…

5 months ago

RBI Monetary Policy Live Updates: RBI MPC expected to keep repo rate unchanged at 6.5%; decision to be announced soon – Economy News

2024-06-09 13:55:02 RBI Monetary Policy Announcement: The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the second…

5 months ago

RBI Monetary Policy June 2024 Highlights: RBI holds repo rate at 6.50%; forecasts 7.2% GDP growth for FY25

2024-06-09 12:15:02 Aspirational Goals for RBI@100 in a Multi-Year Time Frame:1. Monetary Policy and Liquidity Management Positioning the Reserve Bank…

5 months ago

Markets climb in early trade with Larsen, Reliance support

Benchmark equity indices climbed in early trade on Thursday, May 23, 2024, amid buying in blue chips Larsen & Toubro…

5 months ago

RBI keeps repo rate unchanged at 6.5%: What MPC policy means for home buyers

"This stability supports the real estate market, making housing more affordable and boosting consumer confidence. It enables informed investment decisions,…

5 months ago

Bankers, economists expect RBI to cut key interest rate in second half of FY25

NEW DELHI: With RBI holding the benchmark interest rate on Friday, bankers and economists said the first monetary policy committee…

5 months ago

Unchanged Repo Rate likely to support affordability, build confidence in residential market

GURGAON: The Reserve Bank of India's decision to keep the repo rate unchanged at 6.5 per cent for the eighth…

5 months ago

Cheer for UPI Lite users! RBI announces introduction of auto-replenishment of UPI Lite Wallet

UPI Lite was introduced in September 2022 to enable small value payments. Cheer for UPI Lite users! The Reserve Bank…

5 months ago

Good news for FASTag, NCMC users! Now recharge using recurring payments mechanism via e-mandate – check RBI’s new step

RBI has proposed to include payments such as replenishment of balances in FASTag, National Common Mobility Car. Good news for…

5 months ago

India’s CBDC Trials to Go International, RBI Partners With Central Bank of UAE: Details

India's digital rupee CBDC, that was launched as part of a pilot test phase in November last year, is set…

5 months ago