RBI
- India
J&K has over 17.20L unclaimed accounts worth Rs 465.79 cr: RBI
Jammu: Jammu and Kashmir has registered over 17.20 lakh unclaimed accounts with an outstanding amount of Rs 465.79 crore, prompting the Reserve Bank of India (RBI) to encourage banks to actively contact…
- India
In RBI’s move to curb cyber frauds, all major banks shift to .bank.in website domain
To curb the increasing number of cybercrime incidents and online banking frauds, the Reserve Bank of India (RBI) has decided to change the website domain names of all major banks in India,…
- Business
India’s forex reserves drop to USD 695.35 bn
Mumbai: India’s forex reserves dropped by USD 6.925 billion to USD 695.355 billion during the week ended October 24, the RBI said on Friday. In the previous reporting week, the overall reserves…
- Business
RBI returns Jana Small Finance Bank’s universal bank application
Mumbai: Jana Small Finance Bank on Tuesday said the Reserve Bank of India (RBI) has returned its application to become a universal bank due to non-fulfilment of criteria. The Small Finance Bank’s…
- India
RBI likely to go in for another policy rate cut by year-end: Report
Mumbai: The RBI is likely to go in for another policy rate cut before the end of the year, which, along with fiscal consolidation and domestic regulatory easing, would lead to a…
- India
India’s forex reserves drop to USD 698 billion
Mumbai: India’s forex reserves dropped by USD 2.176 billion to USD 697.784 billion during the week ended October 10, according to the Reserve Bank data released on Friday. In the previous reporting…
- Technology
Rupee rises 4 paise against US dollar
Mumbai: The rupee appreciated four paise to close at 88.68 against the US dollar on Monday, supported by suspected RBI intervention and optimism about a breakthrough in the India-US trade talks. Forex…
- India
Banks to clear cheques on same day from October 4 over RBI guidelines
New Delhi: Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India’s (RBI) updated settlement framework…
- Business
Govt appoints S C Murmu as RBI Deputy Governor
New Delhi: The government has appointed Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India for a three-year term. The Appointments Committee of the Cabinet has approved his appointment,…
- Technology
Rupee rises 10 paise to close at 88.16 against US dollar
Mumbai: The rupee witnessed range-bound trading and settled higher by 10 paise at 88.16 against the US dollar on Monday, as the domestic unit was caught between worries over US trade tariffs…
- Business
India’s forex reserves jump USD1.49 billion to USD695.11 billion
Mumbai: India’s foreign exchange reserves rose by $1.49 billion to $695.11 billion for the week ended August 15, data released by the RBI on Friday showed. The increase comes on the back…
- Business
India’s GDP growth projected at 6.7 pc in Q1 FY26: Report
New Delhi: India is expected to clock 6.7 per cent growth in the first quarter of the current fiscal (FY26), outpacing the RBI Monetary Policy Committee’s (MPC’s) recent forecast of 6.5 per…
- Business
RBI projected to cut repo rate by 25 basis points in Q4 2025: HSBC
New Delhi: The Reserve Bank of India (RBI) may implement a 25 basis point rate cut in the fourth quarter this year if moderate high-frequency data from June continues, a report said…
- Business
With inflation set to top 2pc, SBI sees RBI rate cut in December as difficult
New Delhi: As August inflation print likely to top 2 per cent and be closer to 2.3 per cent, a rate cut by the Reserve Bank of India (RBI) in October looks…
- Technology
Paytm gets RBI nod to operate as online payment aggregator
New Delhi: Paytm Payments Services has received the Reserve Bank of India’s nod to operate as an online payment aggregator, its parent firm and Paytm brand owner One 97 Communications said in…
