Reserve Bank of India
-
Business
RBI Likely to Announce Rate Cut on June 6 – Real Estate Sector Eyes Relief
As the Reserve Bank of India (RBI) prepares for its Monetary Policy Committee (MPC) meeting on Friday, June 6, industry…
-
India
Are ₹2000 Notes Still Valid? RBI Says ₹6,181 Crore Still with Public — But Can You Exchange Them at Banks?
Despite the passage of nearly two years, the RBI has clarified that these notes remain legal tender and can still…
-
Business
RBI Transfers Record ₹2.69 Lakh Crore Dividend to Government for FY25
In a historic move, the Reserve Bank of India (RBI) has announced a record-breaking surplus transfer of ₹2.69 lakh crore…
-
Business
RBI Shocks Markets with Record ₹2.69 Lakh Crore Dividend to Government
The Reserve Bank of India (RBI) has announced a historic dividend payout of Rs 2.69 lakh crore to the government…
-
Banking & Finance
RBI Cancels License of This Bank — Will Depositors Get Their Money Back?
The decision, which took effect on Monday, May 19, means the bank has ceased all banking operations, including deposits, withdrawals,…
-
India
RBI: ₹2000 Notes Worth ₹6,266 Crore Still in Circulation Two Years After Withdrawal
Despite being withdrawn from circulation nearly two years ago, ₹2000 denomination banknotes worth ₹6,266 crore remain in circulation, according to…
-
India
May 2025 Bank Holidays: Are Banks Closed on May 3? Check Full Month Schedule City-Wise
Banking services will function as usual on this day, but customers are advised to stay informed about several upcoming regional…
-
Business
ATM Rule Change: Withdrawing Cash to Get Costlier from May 1 – Here’s the New Transaction Fee
Starting May 1, 2025, withdrawing cash from ATMs could become more expensive, especially if you're using ATMs of banks other…
-
India
BharatPe’s Resilient Payments Gets RBI Nod to Operate as Online Payment Aggregator
New Delhi: Resilient Payments Pvt Ltd, a subsidiary of BharatPe Group, has received final authorisation from the Reserve Bank of…
-
Business
Indian Stock Market Closes Lower as US Reciprocal Tariffs Come into Effect
The Indian stock market ended on a negative note on Wednesday, driven by weak global cues and concerns over the…
-
India
RBI to Issue New ₹10 and ₹500 Notes
The Reserve Bank of India (RBI) announced on Friday that it will soon issue new ₹10 and ₹500 denomination banknotes…
-
India
ATM Withdrawals to Get Costlier from May 1 as RBI Approves Fee Hike
"Starting May 1, ATM withdrawals in India will become more expensive as the RBI approves a fee hike, increasing charges…
-
India
Shaktikanta Das Appointed Principal Secretary-2 to Prime Minister Narendra Modi
Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as the new Principal Secretary-2 to Prime Minister…
-
Business
RBI Deputy Governor Sounds Alarm on Excessive Borrowing and Derivative Market Risks
Reserve Bank of India (RBI) Deputy Governor Rajeshwar Rao has expressed concerns over the rising trend of excessive borrowing, particularly…
-
Business
India’s Forex Reserves Surge for 3rd Straight Week
India’s foreign exchange reserves saw a significant increase of $7.6 billion, reaching $638 billion as of February 7, according to…
-
Business
Bank of India Raises Rs 2,690 Crore Through Infrastructure Bonds at 7.5% Interest Rate
Bank of India (BoI) successfully raised Rs 2,690 crore by issuing 10-year infrastructure bonds at an interest rate of 7.5%.…
-
Business
FIR Filed Against New India Cooperative Bank GM in Rs 122 Crore Financial Fraud
In a significant development, a First Information Report (FIR) has been lodged at the Dadar Police Station in Mumbai against…
-
Business
RBI Imposes Restrictions on New India Co-operative Bank, Causing Panic Among Customers
"RBI imposes restrictions on New India Co-operative Bank in Mumbai, halting withdrawals and new deposits. Customers panic as access to…
-
Business
Delhi Polls, Inflation Data, and Q3 Earnings: Key Drivers for the Market Next Week!
The market outlook for the upcoming week in February will be influenced by several key factors, including the outcome of…
-
Business
RBI Introduces ‘Bank.in’ & ‘Fin.in’ Domains to Curb Digital Payment Frauds
RBI launches exclusive ‘bank.in’ and ‘fin.in’ internet domains to enhance cybersecurity and prevent digital payment frauds. New authentication measures to…
