RBI
RBI governor Sanjay Malhotra recently said in an event that India is showing resilience amid global uncertainty.
The Paytm Payments Bank's banking license has been revoked by the Reserve Bank of India for the reasons listed below.
The RBI has streamlined the process of using auto debit for transactions of up to Rs. 15,000.
According to reports, several states intend to borrow Rs. 16,900 crore on April 21 via the RBI SGS auction.
Let's find the top Indian banks with competitive FD rates following the most recent RBI MPC meeting.
To prevent fraud, the RBI suggests that digital transactions over Rs. 10,000 be delayed by an hour.
RBI has cancelled Shirpur Merchants Co-operative Bank's license, according to the reports. The license cancellation is due to inadequate capital, as the reports say.
With the permission of the RBI, the Indian Rupee can be exchanged in airport departure areas.
The RBI has announced the payment vision for 2028 and brings an e-cheque system.
To improve liquidity, the RBI announced a purchase of government assets worth Rs. 1 lakh crore via open market operations.
The RBI proposed new forex norms which are easier and offer flexibility to the authorized dealers.
In an effort to reduce mis-selling in banks, the RBI is attempting to eliminate incentive programs.
Central Bank Maintains the Repo Rate at 5.25%
After the RBI approved the nomination of a new MD & CEO, YES Bank Shares Surge.
The banking system liquidity will be boosted by the RBI by more than Rs. 2 lakh crore.
According to RBI data, the foreign exchange reserves have increased by 14 billion USD to 700 billion USD.