Wed, Jan 01, 2025
The Reserve Bank on Wednesday said 98.12 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,691 crore worth such notes are still with the public.
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Discover how RBI’s 2025 guidelines target dormant, inactive, and zero-balance accounts to enhance banking security and reduce fraud risks in this comprehensive photo gallery. (Images: Unsplash, Pixabay)
Tue, Dec 31, 2024
The net NPA ratio was around 0.6 per cent, according to the RBI's December 2024 issue of the Financial Stability Report (FSR).
Mon, Sep 13, 2021
RBI has also informed that the process of periodic updation of KYC has been simplified to a large extent in a circular dated May 10, 2021.
Sat, Sep 11, 2021
The Reserve Bank of India (RBI) has extended restrictions on People`s Co-operative Bank Limited, Kanpur, for a further period of three months from September 11 to December 10.
Fri, Sep 10, 2021
For the week ended September 3, the increase was on account of a rise in foreign currency assets, a major component of the overall reserves, RBI weekly data released on Friday showed.
Thu, Sep 09, 2021
RBI Governor Shaktikanta Das on Thursday said many fast indicators are showing an uptick in economic activity and the Reserve Bank is quite optimistic about its 9.5 per cent GDP growth estimate for FY2021-22 at present.
Wed, Sep 08, 2021
The restrictions disable banks in several ways to lend freely and force them to operate under a restrictive environment that turns out to be a hurdle to growth.
Tue, Sep 07, 2021
For transaction tracking and/or reconciliation purposes, entities can store limited data – last four digits of actual card number and card issuer’s name – in compliance with the applicable standards, an RBI directive said
Tue, Aug 31, 2021
The two companies have applied under the RBI's on-tap licensing guidelines released by the central bank in December 2019.
Thu, Aug 26, 2021
The Reserve Bank of India (RBI) has on Wednesday said it has imposed a penalty of Rs 15 lakh on The Baghat Urban Co-operative Bank Limited, Solan, for violation of certain norms, including, those related to NPA classification, a PTI report said.
Wed, Aug 18, 2021
The RBI article was referring to the IPO of Zomato which got oversubscribed 38 times.
Debut offerings by Indian unicorns -- unlisted start-ups -- kicked off by a food delivery app's stellar IPO that was oversubscribed 38 times, have set domestic stock markets on fire and global investors in a frenzy.
The open market purchase was announced by the RBI after the Monetary Policy Review meeting early this month.
The branch-wise locker allotment information and the waiting list of banks will be linked to the core banking system.
Sun, Aug 15, 2021
"As per the data submitted by the bank, 95 per cent of the depositors will receive full amounts of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC)," the central bank said while announcing cancellation of the bank's licence
Fri, Aug 13, 2021
According to the report, the MPC stood pat in the latest review, but in an interesting departure, announced a small increase in the absorption of surplus liquidity through variable rate reverse-repo operations.
Tue, Aug 10, 2021
The RBI will start imposing penalty on banks in case the ATMs remain out-of-cash for a total period of 10 hours in a month from October 1, 2021, onwards.
Sun, Aug 08, 2021
Price of Series V SGB will be Rs 4,790 per gram of fold for offline investors. For online buyers, there is a discount of Rs 50 per 10 gram and the SGB is available at Rs 4,740 per 10 gram
Fri, Aug 06, 2021
Reserve Bank Governor Shaktikanta Das said that the economy is recovering from the second wave of Corona. The balance of supply and demand has deteriorated, which is gradually being brought back on track.
The assertion came amid reports that many small businesses had suffered freezing of accounts after the July 31 deadline for revised norms.
Governor Shaktikanta Das earlier made it clear that RBI continues to have concerns with the private DCs which are not regulated and has conveyed the same to the government.
The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent.
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