rbi

RBI Introduces New Feature In UPI Lite- Check How It Works

The Reserve Bank of India (RBI) has recently announced the integration of UPI Lite with the e-mandate framework. Thus, helping…

1 year ago

RBI Projects 7.2% GDP Growth For FY 24-25, Keeps Repo Rate Unchanged At 6.5%

The Reserve Bank of India (RBI) has adjusted its GDP projection for the fiscal year 2024-2025, increasing it to 7.2%…

1 year ago

RBI Imposes Monetary Penalty On A Primary Teachers Bank In Karnataka

The Reserve Bank of India (RBI) has sanctioned a financial penalty of ₹75,000 against The Ron Taluka Primary Teachers Bank…

1 year ago

RBI: 97.82% Of Rs 2000 Currency Notes Returned To System

On June 3, the Reserve Bank of India (RBI) disclosed that 97.82% of the Rs 2000 currency notes in circulation…

1 year ago

RBI Moves 100 Tonnes Of Gold From UK To India For The First Time Since 1991

The Reserve Bank of India (RBI) has relocated over 100 tonnes of gold from the UK to its vaults in…

1 year ago

RBI Imposes Monetary Penalty on ICICI Bank and YES Bank for Rule Violations

On May 27, the Reserve Bank of India (RBI) announced a monetary penalty on ICICI Bank and YES Bank due…

1 year ago

RBI’s Dividend Of Rs 2.11 Lakh Supports Fiscal Performance In The Near Term: Fitch Ratings

The Reserve Bank of India's historic dividend of Rs 2.11 lakh crore, equivalent to 0.6 percent of GDP from its…

1 year ago

RBI’s ₹2.11 Lakh Crore Dividend to Help New Government Reduce Fiscal Deficit

A report by SBI highlights that the government's fiscal deficit is expected to reduce by 30-40 basis points from the…

1 year ago

SC issues notice on guidelines for Digital KYC process for acid attack survivors

The Supreme Court issued a notice to the Centre and other relevant authorities on Friday regarding a plea to establish…

1 year ago

Fitch Alert: RBI’s Warning on Non-Bank Lenders Sparks Market Turbulence

Fitch Ratings has observed that the Reserve Bank of India's (RBI) recent initiatives to enhance corporate governance and risk management…

1 year ago

RBI To Transfer Rs 1 trillion to Government: Union Bank Of India

As per the recently released Union Bank of India report, the RBI might transfer around Rs 1000 billion to the…

1 year ago

Six week Long National Election Leads To RBI Liquidity Dilemma

As India's national elections unfold over an extended six-week period, the Reserve Bank of India (RBI) has taken proactive steps…

1 year ago