Reserve Bank Of India
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Bank Locker New Guidelines: RBI issues new, revised instructions on safe deposit lockers in banks
Business | Aug 19, 2021, 10:54 AM ISTBank Locker New Guidelines: The revised instructions will be applicable to both new and existing safe deposit lockers and the safe custody of articles facility with the banks.
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RBI partially lifts ban on HDFC Bank, allows it to issue new credit cards
Business | Aug 19, 2021, 01:12 PM ISTThe Reserve Bank of India had issued orders in December and February to HDFC Bank on certain incidents of outages in the internet banking /mobile banking/payment utilities of the bank over the past two years.
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RBI cancels licence of THIS Bank in Maharashtra. Check details
Business | Aug 13, 2021, 11:30 PM ISTThe reason cited the absence of adequate capital and being unable to pay its present depositors in full. The bank ceased to carry on banking business with effect from the close of business on Friday.
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RBI imposes Rs 1 crore penalty on THIS bank
Business | Aug 13, 2021, 11:18 AM ISTRBI said it conducted a statutory Inspection for Supervisory Evaluation (ISE) of the bank with reference to the bank's financial position as on March 31, 2020.
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RBI to impose monetary penalty on ATMs that run out of cash for more than 10 hours
Business | Aug 11, 2021, 08:53 AM ISTBanks will have to submit a system generated statement on downtime of ATMs due to non-replenishment of cash to the RBI.
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RBI JE result 2021 declared, how to check
Jobs | Aug 06, 2021, 06:04 PM ISTRBI JE exam was held on March 8. Check result at rbi.org.in
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RBI Governor Shaktikanta Das praises government on retro tax move, post-pandemic fiscal response
Business | Aug 06, 2021, 02:45 PM ISTThe career bureaucrat-turned-central banker also welcomed the govt's approach to the pandemic-triggered crisis as a prudent and calibrated one.
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Monetary policy: RBI keeps interest rates unchanged for 7th time in a row; repo retained at 4%
Business | Aug 06, 2021, 11:46 AM ISTRBI Monetary Policy Review: RBI keeps interest rates unchanged at 4 per cent.
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Mastercard submits new audit to Reserve Bank of India after ban over data handling
Business | Jul 31, 2021, 12:06 PM ISTThe restrictions were put in place because of mastercard's failure to comply with local data storage norms that require payment companies to store data related to Indian customers only in the country
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RBI allows card networks, wallets to access RTGS, NEFT
Business | Jul 29, 2021, 02:53 PM ISTIn April, RBI had said that it would encourage participation of non-banks in Reserve Bank of India-operated Centralised Payment Systems (CPS) -- RTGS and NEFT systems -- in a phased manner.
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RBI imposes Rs 5-cr penalty on Axis Bank for rule violations
Business | Jul 29, 2021, 09:59 AM ISTThe RBI said the statutory inspections for supervisory evaluation (ISE) of the bank were conducted with reference to its financial position as on March 31, 2017, (ISE 2017), March 31, 2018, (ISE 2018), and March 31, 2019 (ISE 2019).
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Reserve Bank of India's central board short of 9 non-official directors
Business | Jul 25, 2021, 02:02 PM ISTAccording to the RBI Act, the government nominates 10 eminent persons from various fields to the central board of the RBI, besides four directors (one from each of the four local boards)
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RBI working on phased introduction of digital currency, mulls pilot projects
Business | Jul 23, 2021, 09:43 AM ISTDeputy Governor T Rabi Sankar said developing a domestic CBDC could provide the public with uses that any private virtual currency (VC) offers and to that extent might retain public preference for the rupee.
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RBI Alert! Banks to hike ATM cash withdrawal, debit card, credit card charges
Business | Jul 21, 2021, 01:55 PM ISTThe Reserve Bank of India (RBI) has recently raised the interchange fee and allowed banks - private and public, to hike charges on withdrawing cash from ATMs as well as charges for debit/credit cards.
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Do you have Mastercard's Debit, Credit Card? What will happen to existing customers after RBI's ban
Business | Jul 17, 2021, 11:26 AM ISTCiting the violation of norms on storage of payment systems data, the Reserve Bank of India has prohibited Mastercard from issuing debit cards, credit cards and even prepaid cards to new customers, starting from July 22.
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RBI to soon open accounts for retail investors, to facilitate investment in govt securities
Business | Jul 13, 2021, 10:56 AM ISTThe Reserve Bank has issued a scheme 'RBI Retail Direct', a one-stop solution to facilitate investment in government securities by individual investors.
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Small finance bank to take over PMC Bank: RBI tells Delhi HC
Business | Jul 12, 2021, 02:35 PM ISTEarlier, RBI stated that depositors are already allowed to withdraw up to ₹5 lakh on hardship grounds for treatment of terminal illnesses, including treatment of Covid-19
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Good news for bankers! To get 'surprise leaves' of at least 10 days
India | Jul 09, 2021, 10:31 PM ISTDuring the mandatory leave, the bank employee will not have access to any physical or virtual resources related to the work responsibilities, with the exception of internal/ corporate email which is usually available to all employees for general purposes.
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RBI imposes Rs 14.5 crore penalty on State Bank of India, 13 other banks
Business | Jul 08, 2021, 09:14 AM ISTThe penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949, as applicable.
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RBI notifies inclusion of retail, wholesale trade under MSME category
Business | Jul 08, 2021, 08:59 AM ISTEarlier on July 2, the Ministry of MSME had decided to include retail and wholesale trade under MSMEs for the limited purpose of priority sector lending.