COVID-19: RBI Governor Allows 3-Month Moratorium On Loans To Offset Virus Impact
The Reserve Bank of India on Monday said it was ready to take any policy measure to mitigate the effects of the coronavirus outbreak on the economy.
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Reserve Bank of India
Bank strike: Several bank branches, ATMs could be shut today
Banking operations across India could be hit today as employees of two bank unions are sitting on a 24-hour bank strike from this morning and another bank union have extended full support.
PMC Bank: RBI Restricts Daily Cash Withdrawals at Rs 1,000
RBI has imposed restrictions under Section 35A of the Banking Regulation Act, 1949 on PMC Bank and customers are not allowed to withdraw more than ₹1,000.
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RBI deputy governor Viral Acharya resigns six months before his term ends
RBI Deputy Governor Viral Acharya resigns six months before his term ends, to return and would be heading to the New York University to teach.
Reserve Bank of India to issue new Rs 20 notes: : Here are the details
The Reserve Bank Of India is all set to issue new Rs.20 notes in the Mahatma Gandhi series and the base colour will be greenish yellow. The new denomination will have a signature of Governor…
RBI to soon introduce new Rs 20 currency note
According to a document of the Reserve Bank of India (RBI), the central bank will soon introduce a new Rs 20 currency note with additional features.It is to be noted that the RBI has…
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WhatsApp chief writes to RBI, seeks nod to expand payment services in India
Expanding payments services to its 200 million users in India, WhatsApp chief has written a letter to Reserve Bank of India (RBI), seeking a formal nod.The Facebook Owned company has…
RBI Governor Urjit Patel may resign, Congress leader says ‘We did not invoke section 7’
The rift between the government and India’s central bank seems to have widened and it could lead to the resignation of Reserve Bank of India (RBI)'s governor Urjit Patel, reported CNBC TV…
Indian Rupee hits lifetime low of Rs 73.34 against US dollar
The Indian Rupee dropped 43 paise to a lifetime low of Rs 73.34 against US dollar in opening deals on Wednesday, reported PTI. This all-time low rupee comes after a sharp rise in global…
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Arun Jaitley: Rupee fall due to global reasons, no need for ‘panic and knee-jerk…
Citing the reasons behind the unprecedented fall of the rupee against the dollar as global, Union Finance Minister Arun Jaitley Wednesday said that there was no need for "panic and knee-jerk…
RBI opposed by Government in court for the first time, says Ramesh
In a bid to safeguard the Gujarat State Petroleum Corporation (GSPC) from being declared bankrupt under the new Insolvency and Bankruptcy Code Law, the Centre for the very first has shown…
Take a look at the new lavender coloured 100-rupee notes
Reserve Bank of India is soon going to launch lavender-coloured new hundred rupees note. This new design of Rs 100 will join the list of new designs of Rs 200, Rs 500, Rs 10 issued in last…