Complaints at RBI Ombudsman Went up to 24.9 Per Cent in 2017-18
Regulatory sandbox improve the pace of innovation & technology absorption.
When it comes to interest rates as main instrument, modern central banks move in baby steps i.e. 25 basis points
Latest RBI guidelines come as step towards financial inclusion as more rural & semi-urban areas will get ATMs
Cost of borrowing of HFCs will come down following the cut in the interest rates.
RBI has lowered its GDP growth forecast from 7.4% to 7.2% for the current fiscal (2019-20)
RBI has recently issued advisory pertaining to fraud in digital payment ecosystem using remote screen access apps
The Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 6.25 per cent on Thursday.
RBI Sets up Panel Under Nandan Nilekani to Boost Digital Payments
The number of ATMs has declined marginally to 2.07 lakh in FY18 from 2.08 lakh in FY17.
The Reserve Bank has increased withdrawal limit for depositors of City Co-operative Bank Ltd, Mumbai, to Rs 5,000.
The resignation of RBI governor Urjit Patel follows a period of pressure on the central bank
Finance Minister Arun Jaitley termed Das as a person with "right credentials" for the RBI top job.