RBI imposes Rs 5900000 penalty on THIS bank, days after slapping Rs 1 crore fine on India's largest bank for...
Based on supervisory findings of non-compliance with RBI directions and related correspondence, a notice was issued to the ...
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RBI sold $26 bn of reserves in a month to halt rupee depreciation, but Trump effect eventually won
New Delhi: The Reserve Bank of India (RBI) has sold a little more than $26 billion worth of its foreign currency reserves ...
Why is RBI bringing gold reserves back to the country
MUMBAI: The Reserve Bank has been on a localisation spree in recent years when it comes to storing 854.7 tonne of its gold ...
New RBI Rules Formed For Domestic Money Transfer
New guidelines have been introduced by the Reserve Bank of India (RBI) for the Domestic Money Transfer (DMT), which would ...
RBI’s Das Says Stance Shift Doesn’t Mean Immediate Rate Cut
India’s central bank governor said an easing in the monetary policy stance doesn’t mean interest rates will be cut at the ...
Rupee hits record low on US election updates, RBI likely steps in
The Indian rupee weakened to an all-time low on Wednesday as early results of the U.S. presidential election spurred a rally ...
RBI rate cut: After the US Fed action, it’s a matter of when and not if
In an earlier column, “Why the RBI should reduce interest rates”, published on September 19, we had discussed why the stance ...
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RBI Amends 2016 KYC norms: Limits customer interactions, Backs Use of Central KYC registry
These amendments by RBI are in line with the 2024 notification of the Prevention of Money Laundering (Maintenance of Records) ...
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RBI Governor Shaktikanta Das says incoming data on GDP growth mixed but positives outweigh negatives
The RBI, however, has been holding onto its estimate of 7.2 per cent real GDP growth for FY25, even as some expect it to be ...
RBI Increases UPI 123Pay Transaction Limit To Rs.10,000: New Guidelines For Users; Check Details
The Reserve Bank of India (RBI), in its recent update, increased the transaction limit for UPI 123Pay from Rs. 5,000 to Rs.
RBI Imposes Rs 59.20 Lakh Penalty on South Indian Bank for Non-Compliance Issues
The RBI has imposed a penalty of Rs 59.20 lakh on South Indian Bank for failing to comply with deposit interest rate and ...
RBI’s UDGAM Portal: How to track unclaimed deposits on the platform
RBI’s UDGAM portal launched last year helps individuals access their unclaimed bank deposits. As long as you have details such as account holder's name, bank name, unclaimed deposit reference number ...