Reserve Bank of India (RBI)

RBI Bars Kotak Mahindra Bank From Onboarding New Customers Online, Issuing Credit Cards

The Reserve Bank of India (RBI) on Wednesday barred private sector lender Kotak Mahindra Bank from o...

Why Has RBI Barred Kotak Mahindra Bank from Adding New Customers Online? What’s Next for the Lender?

Kotak Mahindra Bank cannot add new customers online or through mobile banking or issue fresh credit ...

FAQs: Will RBI's Action on Kotak Bank Impact Existing Customers? Can New Accounts Still Be Opened?

Raising concerns on the bank’s IT infrastructure, the Reserve Bank of India (RBI) has barred private...

97.76% of Rs 2000 Banknotes Returned, Rs 7,961 Crore Yet To Be Deposited: RBI

The Reserve Bank of India (RBI) on Thursday said 97.76 per cent of the Rs 2000 banknotes have come b...

RBI Appoints R Lakshmi Kanth Rao as Executive Director

The Reserve Bank of India (RBI) on Friday appointed R Lakshmi Kanth Rao as Executive Director (ED). ...

RBI's FY24 Dividend Payout Will Ease Fiscal Deficit By 0.4%, Cut Govt's Borrowing Needs: Economists

The Reserve Bank of India’s (RBI) decision to transfer a record Rs 2.11 lakh crore surplus to the ce...

RBI's Rs 2.11 Lakh Crore Dividend To Govt: How Does Reserve Bank Earn Profit?

The Reserve Bank of India (RBI) has recently transferred Rs 2.11 lakh crore surplus to the central g...

Record RBI Dividend at 0.6% of GDP May Not Be Sustained: Fitch

Fitch Ratings on Monday said the record-high dividend transfer by the RBI to the government is equiv...

RBI Imposes Rs 1.91-Crore Penalties on Yes Bank, ICICI Bank For Non-Compliance With Norms

The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on ICICI Bank, and Rs 91 lakh on...

RBI Raises 'Bulk Deposit' Threshold for Banks to Rs 3 Crore: What Does It Mean For Customers?

The Reserve Bank of India (RBI) on June 7 revised the definition of a bank ‘bulk deposit’ to Rs 3 cr...

RBI MPC June 2024: Repo Rate Unchanged, FY25 Growth Raised To 7.2%, Other Announcements By Shaktikanta Das

RBI Monetary Policy June 2024 Highlights: The RBI’s Monetary Policy Committee on Friday, June 7, dec...

RBI Governor Shaktikanta Das unveils monetary policy: Repo rate unchanged at 6.5%

RBI Governor Shaktikanta Das unveils monetary policy: Repo rate unchanged at 6.5%Reserve Bank of Ind...

Rupee falls 10 paise to close at 83.50 against US dollar

On Friday, the rupee appreciated 13 paise to 83.40 against the US dollar.The rupee settled for the d...

RBI Imposes Rs 1.45-Crore Penalty on Central Bank of India; Details Here

The Reserve Bank of India (RBI) on Friday, June 14, imposed a penalty of Rs 1.45 crore on Central Ba...

Rupee trades in narrow range against US dollar in early trade

Brent crude, the international benchmark, gained 1.32 per cent to USD 71.98 per barrel in futures tr...

Rupee trades in narrow range against US dollar in early trade

Brent crude, the international benchmark, was trading lower by 0.07 per cent to USD 71.79 per barrel...