Speaking at an event organised by the industry chamber CII, Governor Shaktikanta Das said there is a suggestion that RBI will take a pause in the coming monetary policy meetings
The Reserve Bank of India (RBI) has not made the presentation of a valid ID or filling of deposit forms mandatory, there were complaints from some places that banks were demanding customers to submit identity cards as proof
The court was hearing a plea by lawyer Ashwini Kumar Upadhyay that the notifications by the RBI and SBI enabling exchange of Rs 2000 banknotes without proof were arbitrary and against the laws enacted to curb corruption.
Ecowrap further said in digital payments, India has been witnessing new milestones, in both value and volume terms, which indicate the robustness of its payment ecosystem and acceptance by a wide stratum of consumers.
The central government is expected to borrow around Rs. 15.43 lakh crore from the market in 2023-24, of which Rs 8.88 lakh crore in the first half of 2023-24 via bonds.
RBI Governor Shaktikanta Das was addressing a Conference for the Directors on the Boards of Public Sector Bank in the national capital
RBI Governor Shaktikanta Das on Monday said there is enough time available for exchange and deposit in bank accounts, so people should not panic.
Rs 2000 notes were introduced in 2016 after the Demonetisation exercise
The Reserve Bank of India (RBI) on Friday announced the withdrawal of Rs 2,000 currency notes, and gave people time till September 30 to either deposit these...
In a surprise move, the RBI on Friday announced the withdrawal of Rs 2,000 currency notes from circulation but gave the public time till September 30 to either...
RBI on Friday in a surprise move announced withdrawal of Rs 2,000 currency notes from circulation but gave public time till September 30 to either deposit such...
Foreign investors have put in Rs 30,945 crore in the Indian equities in May so far, driven by strong macroeconomic fundamentals, prospect of reducing interest...
“Such misadventure by an oligarchic & authoritarian government will not be forgotten by the people at large at the time of reckoning,” she said.
On November 8, 2016, Prime Minister Narendra Modi announced that Rs 500 and 1,000 notes would cease to be legal tender. The announcement followed long lines at...
The Reserve Bank Of India has asked all the banks in the country to stop issuing notes of Rs 2,000 denomination
Rs 2,000 currency note was introduced in November 2016 following the central government's demonetisation move
Exchange facility for Rs 2,000 bank notes up to Rs 20,000 at a time would be available from May 23, the RBI said in a statement.
The decision was taken at the 602nd meeting of the Central Board of Directors of Reserve Bank of India held under the chairmanship of Governor Shaktikanta Das
Around Rs 2,696 crore will be disbursed this fiscal while rest will be done in future.
RBI will launch a 100-day campaign from June 1, 2023, to settle unclaimed bank deposits across India. As part of the drive, banks must first trace the owners...
Are you confused whether you should have a salary account along with a savings account? Learn about the benefits of a salary account to see how it works for...
A recent survey indicates that a majority of non-resident Indians (NRIs) believe India offers better investment returns. Read on to know how NRIs overcome the...
On policy options to mitigate climate risks, the report said the enormous scale of the green transition challenge and the colossal cost of delayed policy...
The RBI is committed for future proofing of the Indian financial system and to provide support for its sustainable growth
A monetary penalty of Rs 2 lakh has been imposed on Baran Nagrik Sahkari Bank, Baran, Rajasthan for contravention of certain norms