According to a circular issued on Wednesday, the RBI mandates that for cash pay-out services, remitting banks must...
The new regulations are intended to empower Authorised Dealer banks to provide quicker and more efficient service to...
Headline inflation, measured by year-on-year changes in the all-India Consumer Price-based Inflation (CPI), decreased to...
Addressing the Global Conference on Financial Resilience here, the RBI Governor said, "Integrating advanced and emerging...
Despite an overall optimistic outlook, there's a slight dip in consumer confidence due to subdued sentiments about the...
"Generally, we have noticed compliance with guidelines on the Key Facts Statement, but a few banks and NBFCs continue to...
This update follows the RBI's announcement on May 19, 2023, to withdraw Rs 2000 denomination banknotes from circulation.
This alarming rise coincides with India's transformation into a digital payments powerhouse.
Previously, a significant portion of India's gold reserves was stored abroad, including with the Bank of England.
The RBI has sent a clear message to ARC chiefs that they must follow the regulations in both letter and spirit. “During...
The RBI has alerted customers about a Gurgaon-based company, TalkCharge, issuing Prepaid Payment Instruments (Wallets)...
The RBI's decision comes in light of the bank's failure to address concerns highlighted during IT examinations for the...
He has also contributed as an IMF Consultant from 2005 to 2011.
Climate change directly affects inflation by disrupting agricultural production and global supply chains through adverse...
