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RBI
RBI News
RBI
02 Jun 2024
India's Forex Reserves Decline USD 2 Billion And Come Off Record Highs
In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.
Reserve Bank of India
02 Jun 2024
RBI Aims To Expand UPI To 20 Countries By 2028-29: RBI’s Annual Report
The RBI report discusses the potential for collaboration with countries in the European Union and the South Asian Association for Regional Cooperation (SAARC).
NPCI
02 Jun 2024
14.04 Billion UPI Transactions In May, Sees 49% Year-on-Year Growth
Both the NPCI and the Reserve Bank of India (RBI) are exploring new use cases for UPI and extending its reach into the rural economy.
Reserve Bank of India
31 May 2024
RBI Moves 100 Tonnes Of Gold From UK Vaults For First Time Since 1991
The government in 1991 pledged 46.91 tonnes of gold with the Bank of England and the Bank of Japan to raise 4 million dollars between July 4 and 19.
Reserve Bank of India
30 May 2024
RBI Sees Real GDP Growth At 7% In FY25
The economy, it said, showed resilience in FY24 despite persistent headwinds.
Reserve Bank of India
29 May 2024
RBI Imposes Rs 36.38 Lakh Fine On HSBC Ltd For Violating Norms
After considering the facts of the case and the bank's reply in the matter, the RBI came to the conclusion that the violations were substantiated and warranted the imposition of penalty
Reserve Bank of India
29 May 2024
RBI Warns ARCs Over Evergreening Distressed Assets
The RBI Deputy Governor urged ARC chiefs to adopt a regulation-plus approach where you not only comply with the letter of the regulation but also its spirit.
bank
28 May 2024
Bank Holidays In June 2024: Bank To Remain Close For Atleast 12 Days In June
The online banking services will remain operational, allowing customers to conduct transactions through bank websites, mobile apps, or ATMs for urgent requirements despite the closures.
Nifty
26 May 2024
FII Buying, Q4 Results Key Factors For Stock Market Next week
The outlook for the market next week will be guided by major domestic and global economic data, according to experts.
Hero FinCorp
25 May 2024
RBI Fines Hero FinCorp Rs 3.1 Lakh For Violating Fair Practices Code
Hero FinCorp did not convey the terms and conditions of loans in writing to borrowers in the vernacular language understood by them, it said.
Sensex
23 May 2024
Sensex Jumps 251 Points After Flat Opening
The biggest positive is the record Rs 2.11 lakh crore dividend from the RBI to the government, which will give an additional 0.3 per cent of GDP fiscal room for the government.
Reserve Bank of India
23 May 2024
Reserve Bank of India approves 2.11-lakh crore surplus bonanza
Bank holidays
23 May 2024
Buddha Purnima Holiday May 23: Banks To Remain Closed In THESE Cities & States
Buddha Purnima Bank Holiday: Even though the banks will be closed digital banking services will remain available in these states.
Reserve Bank of India
18 May 2024
RBI Revises Timeline For Government Treasury Bill Auctions
T-bills are short-term debt which are issued by the Government of India to cover its short-term borrowing needs.
India forex reserves
17 May 2024
India Forex Reserves Surge By $2.56 Bn To $644.15 Bn
Rising foreign exchange reserves are positive for the economy as they reflect an ample supply of dollars that help to strengthen the rupee.
Reserve Bank of India
11 May 2024
RBI Appoints R Lakshmi Kanth Rao As New Executve Director
Rao had served as Banking Ombudsman at RBI Chennai and as Regional Director of Uttar Pradesh at Lucknow.
Forex Reserve
10 May 2024
India’s Forex Reserves Surge By $3.7 Bn To Touch $641.6 Bn Mark
RBI Governor Shaktikanta Das on Friday referred to the record foreign exchange reserves as a reflection of the strength of the Indian economy.
Bank of Baroda
08 May 2024
RBI Lifts Ban On Bank of Baroda's BoB World App
The Bank of Baroda had subsequently taken out corrective measures to address the concerns highlighted by the RBI.
Reserve Bank of India
08 May 2024
RBI Coming Up With New Steps To Expand UPI Outreach
The stakeholders shared their suggestions on strategies for scaling up of UPI infrastructure and expanding the products portfolio.
Reserve Bank of India
03 May 2024
RBI Tweaks Rules To Cut Risk Banks Face In Exposure To Capital Markets
The maximum intraday risk to the custodian banks issuing IPCs would be reckoned as Capital Market Exposure (CME) at 30 per cent of the settlement amount.
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