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India's Economic Growth Poised To Rebound: RBI
India's economic growth is poised to rebound as domestic demand regains strength, though the stickiness in food inflation warrants careful monitoring, the latest RBI Bulletin released on Friday said.
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Banking Frauds Rise In H1FY25, Amount Involved Jumps 8-Time: RBI Report
The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, according to RBI data released on Thursday.
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Economy Recovering From Slowdown Witnessed In 2nd Quarter: RBI Bulletin
The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday.
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Unclaimed Money At Banks Rises 26% In 1 Year To Rs 78,213 Crore: RBI
Unclaimed deposits with banks have witnessed a 26 per cent jump year on year to Rs 78,213 crore at the end of March 2024, as per the RBI Annual Report released today.
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Amazon, Google in RBI’s List of Online Payment Aggregators, Over 50 Entities Granted License to Operate
RBI on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs).
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RBI Suggests Common Approach to Crypto Assets to Avoid Potential Financial Risks
To address potential financial stability risks and protect investors, it is important to arrive at a common approach to crypto assets, the Financial Stability Report released by RBI said on Thursday. In this context, various options are being considered internationally, it said. To promote responsible innovation and to mitigate financial stability ...
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IIT Madras Incubation Cell, RBI Innovation Hub Come Together To Nurture Financial Inclusion
According to a release, select start-ups would be considered from time to time by RBI Innovation Hub for co-incubation and thereby receive strategic and operational guidance, training and mentoring sessions under RBI Innovation Hub leadership and domain experts.
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Centre, RBI's Reply Sought Over Plea To Release Rs 5 Lakh To PMC Bank Depositors
The Delhi High Court today asked the Centre and the RBI to respond to a plea seeking release of up to Rs 5 lakh to depositors of the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank Ltd to help them address health issues during the prevalent COVID-19 pandemic.
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India Moves Up 14 Spots To 63 On World Bank's Ease Of Doing Business Ranking
India jumped 14 places to the 63rd position on the World Bank's ease of doing business ranking released on Thursday, riding high on the government's flagship ''Make in India'' scheme and other reforms attracting foreign investment.
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Reserve Bank Of India To Soon Release New Rs 20 Bank Note
The Reserve Bank of India or RBI will soon introduce a new Rs 20 currency note with additional features, according to a document of the central bank.
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RBI Says Had Warned Banks Thrice Of Nirav Modi-Type Scam Since 2016: Full Statement
Criticised by the centre for "supervisory failure", the Reserve Bank of India on Monday said it had alerted banks thrice on potential abuse of an inter-bank messaging system called SWIFT since August 2016, much before the Rs 11,400 crore fraud at the Punjab National Bank involving celebrity jeweller Nirav Modi was reported. In its first official st...
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Paytm Says Mobile Wallets Will Become Strong Players in Financial Ecosystem
Paytm Payments Bank MD-CEO Renu Satti said the RBI guidelines released this month will enable mobile wallets to gain access to more functionalities.
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It's Official. Bright Yellow Rs. 200 Notes From Today: 10 Features
New Rs 200 notes will be launched today, the Reserve Bank of India (RBI) announced today in a press release days after introducing new fluorescent blue Rs 50 banknotes. This is the fourth new note to be announced since November, when Prime Minister Narendra Modi announced an overnight ban on Rs. 1,000 and Rs. 500 notes to choke tax evaders. The gov...
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Mamata Banerjee Accuses Centre Of Not Sending New Rs 500 Notes To Bengal
Chief Minister Mamata Banerjee today accused the NDA government at Centre of pursuing "discriminatory" politics against West Bengal by not releasing new Rs 500 notes in the state.
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Cannot Disclose Details On Release Of New Rs 500 Notes: RBI
The Reserve Bank of India today informed the Madras High Court that it cannot disclose details regarding the release of new Rs 500 denomination currency to the banks for distribution due to security reasons.
-
India's Economic Growth Poised To Rebound: RBI
India's economic growth is poised to rebound as domestic demand regains strength, though the stickiness in food inflation warrants careful monitoring, the latest RBI Bulletin released on Friday said.
-
Banking Frauds Rise In H1FY25, Amount Involved Jumps 8-Time: RBI Report
The number of bank frauds witnessed a significant on-year increase in the first half of the current fiscal to 18,461 cases and the amount involved jumped more than eight-fold to Rs 21,367 crore, according to RBI data released on Thursday.
-
Economy Recovering From Slowdown Witnessed In 2nd Quarter: RBI Bulletin
The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday.
-
Unclaimed Money At Banks Rises 26% In 1 Year To Rs 78,213 Crore: RBI
Unclaimed deposits with banks have witnessed a 26 per cent jump year on year to Rs 78,213 crore at the end of March 2024, as per the RBI Annual Report released today.
-
Amazon, Google in RBI’s List of Online Payment Aggregators, Over 50 Entities Granted License to Operate
RBI on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs).
-
RBI Suggests Common Approach to Crypto Assets to Avoid Potential Financial Risks
To address potential financial stability risks and protect investors, it is important to arrive at a common approach to crypto assets, the Financial Stability Report released by RBI said on Thursday. In this context, various options are being considered internationally, it said. To promote responsible innovation and to mitigate financial stability ...
-
IIT Madras Incubation Cell, RBI Innovation Hub Come Together To Nurture Financial Inclusion
According to a release, select start-ups would be considered from time to time by RBI Innovation Hub for co-incubation and thereby receive strategic and operational guidance, training and mentoring sessions under RBI Innovation Hub leadership and domain experts.
-
Centre, RBI's Reply Sought Over Plea To Release Rs 5 Lakh To PMC Bank Depositors
The Delhi High Court today asked the Centre and the RBI to respond to a plea seeking release of up to Rs 5 lakh to depositors of the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank Ltd to help them address health issues during the prevalent COVID-19 pandemic.
-
India Moves Up 14 Spots To 63 On World Bank's Ease Of Doing Business Ranking
India jumped 14 places to the 63rd position on the World Bank's ease of doing business ranking released on Thursday, riding high on the government's flagship ''Make in India'' scheme and other reforms attracting foreign investment.
-
Reserve Bank Of India To Soon Release New Rs 20 Bank Note
The Reserve Bank of India or RBI will soon introduce a new Rs 20 currency note with additional features, according to a document of the central bank.
-
RBI Says Had Warned Banks Thrice Of Nirav Modi-Type Scam Since 2016: Full Statement
Criticised by the centre for "supervisory failure", the Reserve Bank of India on Monday said it had alerted banks thrice on potential abuse of an inter-bank messaging system called SWIFT since August 2016, much before the Rs 11,400 crore fraud at the Punjab National Bank involving celebrity jeweller Nirav Modi was reported. In its first official st...
-
Paytm Says Mobile Wallets Will Become Strong Players in Financial Ecosystem
Paytm Payments Bank MD-CEO Renu Satti said the RBI guidelines released this month will enable mobile wallets to gain access to more functionalities.
-
It's Official. Bright Yellow Rs. 200 Notes From Today: 10 Features
New Rs 200 notes will be launched today, the Reserve Bank of India (RBI) announced today in a press release days after introducing new fluorescent blue Rs 50 banknotes. This is the fourth new note to be announced since November, when Prime Minister Narendra Modi announced an overnight ban on Rs. 1,000 and Rs. 500 notes to choke tax evaders. The gov...
-
Mamata Banerjee Accuses Centre Of Not Sending New Rs 500 Notes To Bengal
Chief Minister Mamata Banerjee today accused the NDA government at Centre of pursuing "discriminatory" politics against West Bengal by not releasing new Rs 500 notes in the state.
-
Cannot Disclose Details On Release Of New Rs 500 Notes: RBI
The Reserve Bank of India today informed the Madras High Court that it cannot disclose details regarding the release of new Rs 500 denomination currency to the banks for distribution due to security reasons.
