Reserve Bank of India

Your credit card has been compromised. What should you do next?

You double-check your statement, confirm the transactions aren’t yours, and rule out the possibility that a family member used your…

1 month ago

75% of users to stop using UPI for payments if …

A recent survey by LocalCircles has revealed that a significant majority of United Payments Interface (UPI) users (around 75%) would…

2 months ago

Rupee rises 2 paise to 83.72 against U.S. dollar in early trade

In the domestic equity market, the 30-share BSE Sensex hit an all-time high, rising 355.7 points or 0.44%, to 81,688.42…

3 months ago

Rupee rises 2 paise to 83.49 against U.S. dollar in early trade

Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi. | Photo Credit: REUTERS…

4 months ago

Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows

Digital payment frauds in India saw a more than fivefold jump to 14.57 billion rupees ($175 million) in the year…

4 months ago

Bank of Baroda, Bank of Maharashtra launch special fixed deposit schemes. Details here

Nearly a week after the Reserve Bank of India (RBI) highlighted a gap in deposit and credit growth during a…

4 months ago

RBI alarmed at lakhs of bank accounts being used for fraud: Report

The Reserve Bank of India (RBI) expressed its surprise at some banks having lakhs of accounts that are used for…

4 months ago

Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report

The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes…

5 months ago

RBI governor asks banks to stop ‘mindless pursuit of profit’

MUMBAI: Reserve Bank of India Governor Shaktikanta Das has urged banks to avoid the “mindless pursuit of bottom lines” pointing…

5 months ago

Forex reserves surge by $4 billion to $655.8 billion, a record high

Mumbai: The country's foreign exchange reserves surged to a record high of $655.8 billion on June 7, 2024, marking an…

5 months ago

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

Rupee opens flat against US dollar in early trade

Indian Rupee notes are seen in this picture illustration taken in Mumbai. | Photo Credit: REUTERS The rupee opened on…

5 months ago

Paytm lays off undisclosed number of employees, says it is providing outplacement support

Paytm layoffs: One97 Communications Limited, the parent company of Paytm, is currently undergoing a restructuring process that involves an undisclosed…

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…

6 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…

6 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…

6 months ago

Government Imposes Anti-Money Laundering Provisions on Crypto Sector in India: Details

India's money laundering laws will apply to trade in cryptocurrencies, the federal government said in a notification dated March 7.The…

6 months ago

Rupee trades in narrow range against U.S. dollar in early trade

The rupee was trading in a narrow range against the U.S. dollar in early trade on May 8. | Photo…

6 months ago

Credit card issued without your consent? Here’s what you should do

Restrictions have been implemented by the Reserve Bank of India (RBI) to protect consumers from unsolicited credit cards. This law was…

6 months ago

Tech jobs in demand in the banking and finance sector: Top skills, cities; salaries and more

The banking, financial services and insurance (BFSI) sector has been undergoing a digital revolution, driven by artificial intelligence (AI) and…

6 months ago