Retail inflation declined to a 25-month low of 4.25 per cent in May mainly on account of softening prices of food and fuel items
India's forex reserves had dropped for two consecutive weeks and declined by USD 4.34 billion to USD 589.14 billion in the previous reporting week
The Reserve Bank of India has announced the dates and price for the premature redemption of Sovereign Gold Bonds 2017-18, Series XI
All regulated entities (REs) will be required to put in place board-approved policies for undertaking compromise settlements, with the borrowers as well as for technical write-offs laying down the process to be followed for...
In an effort to bolster financial inclusion, the Reserve Bank of India launched the central bank digital currency pilot project in 2022. Here’s how e-rupee can change the way we transact
DLG is a contractual arrangement between a regulated entity (RE) and an entity meeting prescribed norms, under which the latter guarantees to compensate the RE, loss due to default up to a certain percentage of the loan...
RBI wants details of the firms and why they are not providing relevant financial information to credit rating agencies
With the Reserve Bank of India keeping the repo rate unchanged, home loan borrowers will have a reason to cheer that they will not have to pay more. The real estate industry is also upbeat about the market opening up, and...
RBI MPC has announced to maintain the policy repo rate at 6.50 per cent. Experts in the mutual fund industry advise investors to stay invested in funds with...
The decision comes in view of RuPay Debit and Credit cards issued by banks in India gaining international acceptance through bilateral arrangements with...
TReDS platforms facilitate transparent and competitive bidding by the financiers.
India's services sector growth eased slightly in May, but registered the second-strongest rate of growth in close to 13 years, on favourable demand conditions...
This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered...
The Employees’ Provident Fund Organisation (EPFO) extended the deadline for applying for the higher pension option from 3 May to 26 June
First pilot in the Digital Rupee -Wholesale Segment (e rupee-W) commenced on November 1, 2022
RBI wants to prepare payment systems which can be used during natural calamities and war
The Reserve Bank's annual report flagged slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility as...
In value terms, the share of Rs 500 and Rs 2,000 banknotes together accounted for 87.9 per cent of the total value of banknotes in circulation as on March 31,...
The RBI's Annual Report for 2022-23, a statutory report of its Central Board of Directors, further said its monetary policy remains focused on withdrawal of...
It noted that despite easing price pressures recently, risks to inflation over the remainder of the year are to the upside.
The Reserve Bank had conducted statutory inspection for supervisory evaluation of the bank with reference to its financial position as on March 31, 2021
In the previous reporting week, the overall reserves had increased by USD 3.5 billion to take the overall quantum just shy of USD 600 billion
The New Delhi District Consumer Disputes Redressal Forum has directed the SBI Cards & Payments Services Pvt. Ltd. to pay Rs 2 lakh to a person here for sending...
Gross foreign direct investment (FDI) flows declined on an annual basis in 2022-23 to USD 71 billion mainly due to a slowdown in the global economy, according...
RBI has given four-month time for exchanging as well as depositing the Rs 2,000 currency notes to ensure that there is no hardship faced by anyone
