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Economy

RBI Raises Minimum Capital Required for ARCs to Rs 300 Crore

Mumbai: To ensure prudent and efficient functioning of ARCs and to protect the interest of investors, the Reserve...

24 April 2024 11:29 PM IST

In Other News

Report Unauthorised Forex Trading to ED, RBI Tells Banks

Mumbai: The Reserve Bank of India (RBI) on Wednesday raised concerns about unauthorised entities offering foreign...

24 April 2024 9:15 PM IST

Business

RBI Bars Kotak Bank From Issuing New Credit Cards, Onboarding...

Mumbai: The Reserve Bank of India (RBI) on Wednesday barred private lender Kotak Mahindra Bank from onboarding new...

24 April 2024 4:23 PM IST

Nation

Monetary Policy Committee Members Stay Cautious on Elevated Food...

Mumbai: India’s strong growth momentum is giving the central bank the policy space to unwaveringly focus on price...

19 April 2024 9:04 PM IST

News

March Inflation at 4.85%, Industrial Output 5.7% in February

New Delhi: Staying within the tolerance band of Reserve Bank of India's (RBI), headline retail inflation eased to a...

12 April 2024 9:10 PM IST

News

RBI Announces Cash Deposit Facility via UPI

Mumbai: Soon you will be able to deposit cash at Cash Deposit Machines (CDMs) using your UPI instead of needing an...

5 April 2024 9:18 PM IST

Business

RBI defers new norms for FX derivatives to May 3

Mumbai: The Reserve Bank of India (RBI) on Thursday deferred the deadline to implement new rules for...

4 April 2024 10:40 PM IST

In Other News

Some banks to remain open on March 31, says RBI

Mumbai: With a view to providing greater convenience to tax payers, the Reserve Bank of India (RBI) on Friday said its...

22 March 2024 10:14 PM IST

Business

RBI Asks Credit Card Issuers to Monitor End Use of Funds

Mumbai: The Reserve Bank of India (RBI) on Thursday asked card issuers to put in place an effective mechanism to monitor...

7 March 2024 10:02 PM IST

Business

RBI Bars JM Financial from Financing Against Shares, Debentures

Mumbai: The Reserve Bank of India (RBI) on Tuesday barred JM Financial Products Limited from giving loans against shares...

6 March 2024 12:59 AM IST

Business

Launch of Interoperable Payment System for Internet Banking in 2024...

Mumbai: The Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said that the interoperable payment system...

4 March 2024 9:49 PM IST

Nation

RBI Rejects IMF Warning of India's Debt to GDP Exceeding 100%

Mumbai: Spending on social and physical infrastructure, climate mitigation,digitalisation and skilling the labour force...

20 Feb 2024 9:36 PM IST