Tag: 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…

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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,…

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Markets hold on to early gains after RBI monetary policy decision

Men watch stock news on a display screen as Sensex opens. File.…

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The people’s bank that LiquiLoans has built

The non-banking finance company founded in 2018 had stitched some early high-profile…

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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…

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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…

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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…

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

RBI Governor Shaktikanta Das has pointed out that the frequent disruptions in…

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

The Narcotics Control Bureau (NCB) has busted an international criminal gang that…

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

MUMBAI: RBI has said that it is engaging with providers of small-ticket…

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RBI raises FY25 GDP forecast to 7.2%

MUMBAI: RBI governor Shaktikanta Das on Friday left key policy rates unchanged…

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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…

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Markets climb in early trade with Larsen, Reliance support

Benchmark equity indices climbed in early trade on Thursday, May 23, 2024,…

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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…

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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…

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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…

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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.…

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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…

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