Reserve Bank
(Search results - 39)IndiaApr 6, 2024, 2:46 PM IST
RBI announces cardless cash deposits in ATMs using UPI
On April 5, the Reserve Bank of India (RBI) announced a new policy allowing cash deposits at cash deposit machines (CDMs) in ATMs using UPI.
IndiaApr 1, 2024, 12:51 PM IST
'Just a trailer, still a lot to be done': PM Modi at RBI's 90th anniversary celebration
April 1, 2024, marks the 90th anniversary of the Reserve Bank of India. It was established in 1935 under the Reserve Bank of India Act. An event was inaugurated in Mumbai by PM Modi to celebrate the milestone. He talked about RBI's contribution and hard work in making India's banking system strong and sustainable.
IndiaMar 20, 2024, 2:01 PM IST
Why did SBI impose penalty on Tamilnad Mercantile Bank and DCB Bank?
Due to failing to comply with interest rate guidelines and CRILC reporting modifications, DCB Bank and Tamilnad Mercantile Bank suffered penalties by RBI. Not transaction legitimacy, but problems with regulatory compliance were the cause of penalties.
IndiaMar 15, 2024, 12:37 PM IST
Paytm gets third party app licence from NCPI: Everything you need to know about it
The National Payments Corporation of India has granted the Third-party application provider app to Paytm. All the @paytm handles will be acquired by Yes Banks instead of Paytm Payments Bank (PPBL).
Lifestyle NewsFeb 2, 2024, 3:44 PM IST
Will Paytm Services Operate Normally After February 29?
Reserve Bank of India has directed Paytm Payments Bank Ltd (PPBL) to stop accepting new deposits into its accounts or digital wallets from 29 February 2024. The RBI issued this directive on 31 January 2024. Additionally, existing Paytm Payments Bank customers will also be unable to add new funds to their accounts after 29 February.
BiographyNov 2, 2023, 3:28 PM IST
Urjit Patel’s Biography | Birth | Education | Family | Marriage | Reserve Bank of India | Facts
Urjit Patel is the former Governor of the Reserve Bank of India. From 1998 to 2001, he worked as a consultant in the Department of Economic Affairs, Ministry of Finance. On 4 September 2016, he became the 24th Governor of the Reserve Bank of India (RBI).
BusinessJun 27, 2023, 11:23 AM IST
JPMorgan Launches Blockchain Pilot in India, DeFi such as BUSD, USDT and BEASTS Dominating Banking Sector
JBMorgan launched blockchain pilot in India, BEASTS, BUSD and USDT taking advantage.
IndiaFeb 27, 2021, 12:08 PM IST
India's foreign exchange reserves rise by $169 million
As per the weekly statistical supplement of the Reserve Bank of India, the reserves increased to $583.865 billion from $583.697 billion reported for the week ended 12 February
IndiaJan 30, 2021, 10:35 AM IST
India’s foreign exchange reserves jump by around $1.091 billion to $585.334 billion
India’s foreign exchange reserves jumped up by around $1.091 billion during the week ending 22 January to $585.334 billion
IndiaNov 4, 2020, 3:04 PM IST
RBI decides to diversity its investments
With good forex reserves, the Reserve Bank of India has decided to diversify its investments
IndiaNov 1, 2020, 11:39 AM IST
India’s foreign exchange reserves jump higher by $5.412 billion
India’s foreign exchange reserves jumped higher by $5.412 billion, during the week ended 23 October to reach an unprecedented lifetime-high
IndiaMay 23, 2020, 2:54 PM IST
FICCI expresses happiness over RBI ‘s move to ease economic burden
Dilip Chenoy, secretary-general, Federation of Indian Chambers of Commerce and Industry (FICCI) lauded the Reserve Bank of India's (RBI) decision to slash the repo rate and reverse repo rate and extension of the loan repayment moratorium.
IndiaMay 18, 2020, 3:09 PM IST
Lockdown 4.0 – RBI likely to extend moratorium on loan repayment for 3 more months
With the government extending the nationwide lockdown up to May 31, the Reserve Bank of India (RBI) is likely to extend the moratorium on repayment of loans for three more months, according to an SBI research report
IndiaApr 1, 2020, 6:58 PM IST
IndiaMar 6, 2020, 5:37 PM IST
Yes Bank Account Holder? Here's All You Need To Know
In a rare move, capital-starved Yes Bank was on March 5 placed under a moratorium with the RBI capping deposit withdrawals at Rs 50,000 per account for a month & superseding its board. Yes Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment. RBI has assured Yes Bank depositors that their interest will be fully protected and that there is no need to panic. The regulatory actions came after SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by Prashant Kumar, an ex-chief financial officer of SBI. If you're a Yes Bank account holder, here's all you need to know.