RBI
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Business
RBI may go for 1 more rates cut; GST reform and festive spending to boost growth
The Reserve Bank of India (RBI) is likely to go for one more rate cut in the coming months as…
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India
RBI’s New Rules Make Banking Easier: What’s Changed and How It Benefits You, Check Full Details
The system, named Continuous Clearing and Settlement on Realization (CCSR), will be rolled out starting October 4.
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Business
Banks to clear cheques on same day from Oct 4 over RBI guidelines
Banks will verify these details upon cheque presentation. Cheques will be cleared if the information matches; otherwise, the request will…
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India
Shirish Chandra Murmu appointed RBI Deputy Governor
The Union government on Monday appointed Shirish Chandra Murmu as a Deputy Governor of the Reserve Bank of India for…
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Business
RBI likely to keep repo rate unchanged amid growth risks, low inflation: Report
The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50 per cent in its…
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Business
All eyes on policy rate decision at 3-day RBI MPC meet
According to experts, the Central Bank is anticipated to maintain the status quo on the repo rate, considering the positive…
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India
RBI issues guidelines on authentication mechanisms for digital payment transactions
The Reserve Bank of India (RBI) on Thursday released draft guidelines on the authentication mechanism framework for digital payment transaction…
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Business
RBI urges banks to step up efforts to return crores in unclaimed deposits
The Reserve Bank of India (RBI) has urged banks to intensify efforts to identify and return unclaimed deposits of over…
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Business
ICICI Bank to clear cheques on same day from Oct 4
ICICI Bank has announced a major change to its cheque settlement process, aimed at reducing delays and improving customer convenience.…
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Business
Festive demand, policy changes drove UPI to record high in August: Report
India’s real-time digital payment system Unified Payments Interface (UPI) recorded 20.01 billion transactions in August 2025, fuelled primarily by festive…
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North India
RBI net sold forex worth $3.66 billion in June in spot market to keep rupee stable
In June, the domestic currency faced pressure from uncertainty over US tariffs and foreign investors pulling money out of India.…
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India
RBI appoints Indranil Bhattacharyya as ex-officio member of MPC
The Central Board of Directors of Reserve Bank of India (RBI) on Friday approved the nomination of Indranil Bhattacharyya, Executive…
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Banking & Finance
Only 1.69 pc of Rs 2,000 banknotes worth Rs 6,017 crore yet to return to RBI: Minister
Only 1.69 per cent of the Rs 2,000 banknotes were yet to be returned to the Reserve Bank of India…
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Business
Banks to clear cheques within few hours starting October 4: RBI
The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October…
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Business
Banks free to decide on minimum account balance: RBI Governor
Asked on the sidelines of a financial inclusion programme in Gujarat about the RBI's response to ICICI Bank's new rules,…
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Pan India
Note Bandi Again? What’s the Truth Behind the Viral Social Media Claim About ₹500 Notes?
The deceptive message also claims that 90 per cent of ATMs will cease issuing Rs 500 notes by March 31,…
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Banking & Finance
RBI’s Financial Inclusion Index Rises 4.3 pc to 67 in March
The Reserve Bank of India (RBI) on Tuesday said that the country's financial inclusion index (FI-Index) rose to 67 in…
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India
Is RBI Stopping Rs 500 Notes in ATMs? PIB Fact Check Explains
A viral message circulating on WhatsApp has falsely claimed that the Reserve Bank of India (RBI) is set to withdraw…
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Business
RBI Reforms Money Market Operations with Extended Trading Hours
In a significant move to improve liquidity and flexibility in India’s financial markets, the Reserve Bank of India (RBI) has…