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21 Mar 2023

Unlike Global Economy, India Would Not Slow Down: RBI Article

The NSO's end-February data release indicates that the Indian economy is intrinsically better positioned than many parts of the world: RBI article

18 Mar 2023

Forex Reserve Falls To 3-Month Low; Subramanian Swamy Says Crisis Inevitable

Former Rajya Sabha MP and BJP leader Subramanian Swamy today claimed that an economic crisis is inevitable but Prime Minister Narendra Modi's colleagues are too frightened to tell him.

RBI monetary policy 2023

08 Feb 2023

RBI Monetary Policy 2023 Live Updates: Repo Rate Hiked by 25 bps to 6.5%

RBI Monetary Policy 2023 Live Updates: RBI's MPC has decided 4:2 vote to remain focused on withdrawal of accommodative policy.

06 Feb 2023

RBI's Monetary Policy Committee Meeting Starts Amid Expectations of BPS Hike

RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC). The decision of the six-member rate-setting panel will be announced by the Governor on Wednesday. RBI hiked the repo rate by 35 bps in its December monetary policy review.

RBI monetary policy 2023

06 Feb 2023

Will RBI to continue or hit the pause button on rate hike?

The RBI's MPC will be meeting on February 6-8 to decide on the policy rates.

27 Jan 2023

DNA: When the State Bank of India started in 1921

This segment of DNA brings you information related to today's history

27 Jan 2023

HDFC Life Policyholders Can Now Pay Premiums with NPCI's UPI 123PAY

UPI 123PAY is a payment facility through a pre-defined IVR that enable customers to make financial transactions with or without an internet connection.

25 Jan 2023

UPI 123PAY: How to Transfer Money Using Feature Phones? Check Complete Process

UPI 123PAY enables feature phone users to access the popular digital transactions platform, without having an internet connection.

19 Jan 2023

Digital Rupee cannot be exchanged for cash: Report

The pilot initially launched in Mumbai, New Delhi, Bengaluru, and Bhubaneswar. Only bank deposits will be used to issue eRupee by the Reserve Bank of India. Several businesses have registered to accept payments in eRupee.

18 Jan 2023

Here are 10 reasons why RBI warned states to restore Old Pension Scheme (OPS)

18 Jan 2023

RBI WARNS state for restoring Old Pension Scheme; says THIS

RBI has warned against some states reverting to the old pension plan (OPS).

02 Jan 2023

SBI, ICICI, HDFC Bank continue to remain systemically important banks: RBI

"SBI, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2021 list of D-SIBs," the Reserve Bank said in a statement.

30 Dec 2022

Year-ender 2022: BIG changes in 2022 that directly impacted your finance

30 Dec 2022

Current account deficit rose to 4.4% in Q2 from 2.2% in Q1: RBI data

Underlying the current account deficit in the second quarter was the widening of the merchandise trade deficit to $83.5 billion from $63 billion in the first quarter of 2022-23.

26 Dec 2022

Payment system operators to report fraud on RBI's DAKSH from Jan 1

The responsibility to submit the reported payment fraud transactions shall be of the issuer bank/PPI issuer/credit card issuing NBFCs, whose issued payment instrument has been used in the fraud," the RBI said.

26 Dec 2022

Financial literacy poor across urban, rural population in country: RBI survey

The survey was based on three parameters namely, financial knowledge, attitude, and behaviour. On a total score of 21, the average urban and rural scores were 11.7. Zone-wise, the scores were as follows: In the north zone, the scores in urban and rural areas were at par at 11.5 each.

24 Dec 2022

Explained: How is RBI making Digital Lending safer with P2P Platforms?

Individuals can borrow money from others using a P2P lender via an online marketplace. P2P lending is a relatively new type that offers investors an alternative to traditional assets. P2P loans are sponsored by private investors.

22 Dec 2022

Launch of digital rupee a historic milestone, says RBI executive director

Terming the launch of the digital rupee a historic milestone, RBI executive director Ajay Kumar Choudhary. Around 50 countries are at the advanced phase of exploration to launch a digital currency. 10 countries have fully launched digital currency.

Reserve Bank of India

20 Dec 2022

RBI penalises 20 co-operative banks for contravention of various norms

In a statement, RBI said the Bank of Bahrain & Kuwait BSC, India operations failed to implement systems to detect unusual and unauthorised, internal or external activities in its database.

Sovereign gold bond

16 Dec 2022

Sovereign gold bond scheme: Buy gold at lower price, sale starts on Dec 19

Sovereign Gold Bonds (SGBs) 2022-23-Series III will open for subscription during December 19-December 23 and 2022-23-Series IV during March 06-10, 2023, the finance ministry said in a statement on Thursday.

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