The primary driver behind this escalation is the subpar quality of the Kharif onion crop, leading to higher demand for...
The Reserve Bank has kept the key interest rate unchanged at 6.5 percent since February 2023, citing concerns on the...
According to RBI, the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the...
The RBI said that the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the...
The action is based on certain material supervisory concerns observed in the manner of onboarding customers onto its...
The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May...
Former Deputy Governor Viral Acharya described the government's attempt to extract Rs 2-3 lakh crore as a 'back-door...
Data collected from major banks indicates that out of the total banknotes in the Rs 2000 denomination received back from...
However, the overall limit for offline transactions remains Rs 2,000 to contain the risks associated with the relaxation...
The Reserve Bank has urged the public to utilise the next two months to deposit and/or exchange the Rs 2,000 banknotes...
The circular directs that card issuers shall issue cards across more than one card network and also give an option to...
The RBI's decision to permit wilful defaulters to choose a compromised settlement has drawn criticism from bank unions,...
During 2022-23, out of the total Fake Indian Currency Notes (FICNs) detected in the banking sector, 4.6 per cent were...
Market experts are of the opinion that the RBI's withdrawal of Rs 2,000 notes aims to enhance liquidity in the banking...
