RBI
- Telangana
Telangana: Banks to be shut for 7 days in December
Hyderabad: The banks in the state of Telangana will be closed on seven different days as per the bank holiday list issued by the RBI (Reserve Bank of India).The bank holidays list…
- Business
RBI should consider moderating its pace of monetary tightening: CII
Delhi: Domestic demand is recovering well as mirrored by the performance of a host of high-frequency indicators. However, the prevailing global polycrisis is likely to impinge on our growth prospects too. Given…
- Business
SBI warns customers against instant loan apps
New Delhi: The country’s largest lender, State Bank of India (SBI) has warned customers against instant loan apps and even suggested measures to safeguard against the menace. “Please refrain from clicking on…
- Business
RBI imposes penalties on nine cooperative banks for violating compliances
New Delhi: The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non compliances of laid down guidelines. These banks are The Berhampur…
- Delhi
Six years on, jury is still out on efficacy of demonetisation
Delhi: The jury is still out on the efficacy of the decision to demonetise high value currency notes on November 8, 2016, with the government claiming it has helped greater formalisation of…
- India
Banks to remain closed today – Here’s list of holidays in November
Hyderabad: Reserve Bank of India (RBI) has released the list of bank holidays in November. As per the list, there are ten holidays in the current month. Out of the listed holidays,…
- India
Ready to deal in digital rupee? Find out what exactly it is
New Delhi: The Reserve Bank of India (RBI) had, last week, announced that it will commence a pilot project of digital rupee (eRs) for specific use cases in the wholesale segment from…
- Business
Digital currency to cut RBI’s cash management costs, drive financial inclusion
New Delhi: As the RBI has kick-started a pilot project from November 1 to launch digital rupee in the wholesale segment and subsequently plans to roll out another one in the retail…
- Business
RBI panel holds meeting to draft response to Centre on failure to check inflation
New Delhi: Having failed to keep inflation within its tolerance limit of up to 4 per cent for the past three quarters, the monetary policy committee (MPC) of the Reserve Bank of…
- India
Rupee has behaved in an orderly manner, says RBI Governor
New Delhi: With the rupee witnessing a downward spiral for the past several weeks, even crossing the 83 mark against the US dollar, RBI Governor Shaktikanta Das on Wednesday said that the…
- India
RBI to launch first pilot of Digital Rupee on Tuesday
Mumbai: India’s first Digital Rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities. “…the first…
- India
Inflation set to ease, though stubbornly: RBI bulletin
New Delhi: The Reserve Bank of India (RBI) has expressed optimism that headline inflation is set to ease from its September high, albeit stubbornly, on the back of easing momentum and favourable…
- India
Inflation ‘manageable’ at 7.4 percent, love to see it down to 4 percent: Sitharaman
Washington: Finance Minister Nirmala Sitharaman has reiterated that the inflation rate, which is hovering over 7 percent in India, is “at a manageable level” compared to where some other countries are at…
- Business
RBI to tell govt why it failed to check inflation since Jan
New Delhi: With inflation staying above the upper tolerance limit for nine straight months, the Reserve Bank will now have to submit a report to the central government detailing reasons for the…
- India
SC to examine 2016’s demonetisation, seeks affidavits from Centre, RBI
Delhi: The Supreme Court on Wednesday asked the Centre and the RBI to file comprehensive affidavits on the 2016 demonetisation decision and also keep the files ready in connection with Centre’s letter…
