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Reserve Bank of India

18 Dec 2024

Is RBI Taking Rs 5 Coins Out of Circulation? Will They Be Discontinued?

Will Rs 5 coin remain to be a legal tender, amidst reports that RBI is discontinuing with the denomination? Find out.

Sovereign gold bond

18 Dec 2024

Sovereign Gold Bond Series XII of SGB 2017-18 Premature Redemption Today

Premature redemption Sovereign Gold Bond Scheme Series XII of SGB 2017-18: How Much Money Will You Get? Check Details.

15 Dec 2024

Indian SCBs Clock Highest-Ever Net Profit At Rs 23.50 lakh Cr In FY24

Gross NPA ratio of PSBs declined to 3.32 per cent in June-24 from 4.97 per cent in March-2015 and from a peak of 14.58 per cent March-2018.

Reserve Bank of India

13 Dec 2024

RBI Gets Bomb Threat In Russian Language Via e-Mail

The 'threatening' email was sent to the official website of Reserve Bank of India on Thursday afternoon that mentioned blowing up the RBI.

Sanjay Malhotra

11 Dec 2024

Sanjay Malhotra Takes Charge As New RBI Governor

Sanjay Malhotra begins his three-year term as RBI Governor.

Reserve Bank of India

07 Dec 2024

RBI Governor Shaktikanta Das Meets FM Nirmala Sitharaman In Delhi

Before his role as RBI Governor, Das was a Member of the 15th Finance Commission and served as India's G20 Sherpa.

Reserve Bank of India

07 Dec 2024

What Is RBI's MuleHunter.AI Tool That Identifies Bank Frauds? Know How It Work

According to data from the National Crime Records Bureau (NCRB), 67.8 per cent of complaints related to cybercrime arise from online financial fraud.

Reserve Bank of India

06 Dec 2024

RBI Decisions To Ensure Better Balance Between Growth, Inflation

The RBI’s announcement on the introduction of a new Secured Overnight Rupee Rate (SORR) would build a new interest rate derivative market.

State Bank of India

06 Dec 2024

How To Activate SBI Inoperative Account? Check List Of Documents Required

Is Your SBI Account Inoperative? How To Activate It? Check List Of Documents Required And Step By Step Process.

Reserve Bank of India

06 Dec 2024

Will RBI Cut Repo Rates Today? All Eyes On Monetary Policy Decision

Experts are of the view that the central bank is likely to opt for status quo on the short-term lending rate (repo), and will possibly tinker with cash reserve ratio (CRR) keeping in mind the mixed economic trends.

05 Dec 2024

RBI Gets Notice From Politician On Decision Surrounding Tata Sons Listing

Venu Srinivasan, the chairman emeritus of TVS Motor, is known for maintaining a low profile and steering clear of controversies.

Reserve Bank of India

05 Dec 2024

RBI Gives Big Relaxation; No Charges For Paying Extra Using Wallet Up To...

The RBI circular has been issued under the authority of Section 18 in conjunction with Section 10(2), both of which are part of the Payment and Settlement Systems Act, 2007.

State Bank of India

05 Dec 2024

SBI Seeks Rules Change Regarding Inoperative Account, Makes BIG Recommendation

A savings or a current account is treated as inoperative if the customer has no transaction in the account for a period of over two years.

Reserve Bank of India

04 Dec 2024

RBI's MPC Meeting Begins Today, All Eyes On Central Bank Action On Inflation

In the last MPC meeting held in October, the central bank maintained the policy repo rate at 6.5 per cent for the 10th consecutive time.

Reserve Bank of India

04 Dec 2024

RBI Announces 98.08% Of Rs 2,000 Notes Returned – Read

The RBI announced the withdrawal of Rs 2000 notes on May 19, 2023 and has been regularly updating the public on the progress of their return.

India's foreign exchange

01 Dec 2024

India's Foreign Exchange Reserves Decline For Eighth Consecutive Week

The reserves have been declining likely due to RBI intervention aimed at preventing a sharp depreciation of the Rupee.

28 Nov 2024

Credit Card Spending In India Crosses Rs 2 Lakh Crore In October

According to latest data by the Reserve Bank of India (RBI), credit card spending in October reached Rs 2.02 lakh crore, up 13 per cent (year-on-year).

Nirmala Sitharaman

27 Nov 2024

FM Nirmala Sitharaman To Move Bills In Lok Sabha Today To Amend Banking Laws

The Bill seeks to amend different banking laws to alter the tenure of directors of cooperative banks and expand provisions for the settlement of unclaimed amounts.

Reserve Bank of India

26 Nov 2024

RBI Governor Shaktikanta Das Hospitalised

Das is now being monitored while there is no immediate official information from the hospital.

17 Nov 2024

Indian Economy Capable Of Handling Global Shocks: RBI Governor

The central bank chief also pointed out that India has one of the largest foreign exchange reserves in the world at about $675 billion.

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