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  India's forex reserve gained $66 billion in 2024, may cover year of projected imports

  Business | September 15, 2024 15:57 IST

  So far this year's gains exceed India's cumulative foreign exchange rise in 2023. The rise in foreign exchange reserves, which saw a $71 billion dip in 2022, is significant in preventing the effects of global economic headwinds on the domestic economy.

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  Personal loan: 3 mistakes you must avoid while borrowing through fintech platforms

  September 09, 2024 18:47 IST

  Personal loan: Burrowers must take note that the fintech platform should have a well-functioning customer care system. Even as the loans can be accessed digitally via an app, in case, you run into a problem, then somebody should be there to help you out.

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  Time for corporate sector to come forward in a big way to step up investments: RBI Guv Das

  Business | September 05, 2024 12:39 IST

  Das also stressed on improving female labour force participation in India as it is lower than global average

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  RBI Grade B Phase 1 Admit Card 2024 released; direct link here

  August 30, 2024 11:01 IST

  RBI Grade B Phase 1 Admit Card 2024 has been released by the Reserve Bank of India (RBI). Candidates appearing in the RBI Grade B Recruitment exam 2024 can download their call letters by visiting the official website of RBI, rbi.org.in.

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  Bank Holidays September 2024: Banks to remain shut for 15 days next month | Check state-wise list

  Business | August 29, 2024 16:39 IST

  Bank Holidays September 2024: All public and private sector banks in India will be closed for 15 days in September. However, online banking services will remain operational, allowing customers to conduct transactions through bank websites, mobile apps, or ATMs.

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  RBI issues urgent warning for new hacking threat: Here's how to protect yourself

  Technology | August 24, 2024 16:00 IST

  RBI has issued a warning about a new type of fraud, which hackers are using to dupe users. In light of this, people have been cautioned to avoid falling into the hackers' trap.

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  India's foreign exchange reserves jump by USD 4.546 billion to USD 674.664 billion

  Business | August 23, 2024 21:40 IST

  Business news: Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

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  Janmashtami bank holidays: Banks to remain closed on Monday in these states, check full list here

  Business | August 23, 2024 17:40 IST

  Janmashtami bank holidays: Because of Janmashtami, both public and private sector banks will remain shut in several cities that will observe the holiday on Monday.

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  RBI Governor Shaktikanta Das ranked among top 3 central bankers: Who are other two?

  Business | August 21, 2024 14:54 IST

  Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan, Das was recognised for his effective management of inflation, economic growth, currency stability, and interest rates. This accolade highlights his successful monetary policies amidst global economic challenges.

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  PM Modi congratulates RBI Governor Shaktikanta Das on receiving 'A+' rating in Global Finance Report

  Business | August 21, 2024 10:37 IST

  RBI Governor Shaktikanta Das has been awarded an "A+" rating by Global Finance magazine, making him one of only three central bank governors globally to receive the top distinction for the second consecutive year. The rating recognises Das's leadership in navigating India's economic challenges.

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  Banks urged to focus on core business, innovate for higher deposits: FM Sitharaman

  Business | August 10, 2024 14:54 IST

  Finance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.

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  RBI's big announcements: How will it affect common people? Here are 5 key points

  Business | August 08, 2024 17:27 IST

  RBI Governor Shaktikanta Das made several significant announcements today. Let's understand how these changes might impact the general public.

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  RBI increases UPI transaction limit for tax payments to Rs 5 lakh

  Business | August 08, 2024 11:10 IST

  RBI Governor Shaktikanta Das also proposed creating a public repository of digital lending apps to curb unauthorized players and expressed concerns over the rising disbursals of top-up home loans.

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  Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc

  Business | August 08, 2024 11:29 IST

  This marks the ninth consecutive time the MPC has held the repo rate at 6.5%, maintaining its stance of 'withdrawal of accommodation' to steer inflation towards the desired target. The decision received majority support, with four out of six members in favour.

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  RBI tightens norms for cash pay-outs at banks | Check new rules

  Business | July 25, 2024 10:19 IST

  Cash pay-out refers to arrangements for amounts being transferred out of bank accounts to beneficiaries not having a bank account.

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  Microsoft outage: Indian financial sector remains insulated from global crash, says RBI

  Business | July 19, 2024 23:54 IST

  The RBI stated that the disruptions faced by these institutions have either been resolved or are currently being addressed. This reassurance comes in light of concerns over potential impacts on financial operations due to the global technical glitch.

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  India's forex reserves surge to record high of $666.85 billion as of July 12

  Business | July 19, 2024 17:55 IST

  With increased reserves, India is better positioned to manage currency volatility and maintain economic stability amidst global uncertainties. This growth in reserves also reflects the success of India's economic policies and reforms aimed at attracting foreign investments and boosting exports.

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  RBI Grade B recruitment 2024 notification: Check eligibility, how to apply, fee, and more

  July 19, 2024 13:54 IST

  RBI Grade B recruitment 2024 detailed notification will be soon released by the Reserve Bank of India (RBI). Interested individuals can submit their online applications from the official website, rbi.org.in, once the registration forms are released. Check eligibility, how to apply, fee, and more.

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  RBI revises norms, asks banks to hear borrowers before classifying account as fraud

  Business | July 16, 2024 9:03 IST

  In the SBI versus Rajesh Agarwal case, a Supreme Court bench led by CJI DY Chandrachud batted for the rights of the borrower to be heard before an account is classified as fraud.

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  Fact Check: Is Rs 500 note with ‘Star’ sign fake? Know truth behind viral claim

  Fact Check | July 12, 2024 11:01 IST

  A viral claim was made on social media that Rs 500 notes carrying 'Star' mark are fake. Know the truth behind the viral claim.