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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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  Fintech sector attracted about USD 6 billion in investments in last two years, says RBI Governor

  Business | August 28, 2024 18:45 IST

  Reserve Bank Governor Shaktikanta Das said India is now a fast-growing economic powerhouse and stressed that financial institutions and fintech must swiftly adopt a robust framework to capitalise on new opportunities and mitigate risks.

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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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  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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  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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  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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  PhonePe, GooglePay may soon offer RBI e-rupee: Here's what it is and how it works

  Technology | August 06, 2024 9:50 IST

  PhonePe, Google Pay, and three other platforms are set to join the RBI e-rupee pilot. The e-rupee is a form of digital legal tender, which will be accepted as a medium of payment, legal tender, and a safe store of value.

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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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  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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  India registers nearly double employment growth, adds 4.7 crore jobs in 2023-24: RBI

  Business | July 09, 2024 16:51 IST

  According to Reserve Bank of India data, India registered an annual employment growth rate of 6 per cent in the FY 24. Last year, the annual employment growth rate was 3.2 per cent only.

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  Indian economy set for stable high growth amid Risks, says RBI's Shashanka Bhide

  Business | June 30, 2024 14:07 IST

  The current official estimate of GDP growth in 2023-24 is 8.2 per cent, accelerating from 7 per cent in the preceding year. Earlier this month, the Reserve Bank of India pegged the GDP growth rate for FY25 at 7.2 per cent.

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  Home loan outstanding grew by 3.4 lakh crore in last one year: RBI

  Business | June 29, 2024 11:40 IST

  Apart from home loans, credit cards, non-food bank credit, industries and agricultural activity loans saw a year-on-year growth in May 2024. However, the personal loan segment growth has moderated.

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  India's foreign exchange reserves jump by USD 816 million to USD 653.71 billion

  Business | June 28, 2024 17:44 IST

  The apex bank said gold reserves increased by USD 988 million to USD 56.956 billion during the week. The Special Drawing Rights were down by USD 57 million to USD 18.049 billion.

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  India records current account surplus of 0.6 per cent of GDP in March quarter: RBI

  Business | June 24, 2024 18:50 IST

  For FY24, the current account deficit narrowed to USD 23.2 billion or 0.7 per cent of GDP against USD 67 billion or 2 per cent of GDP in FY23, the RBI said in a release on the Developments in India's Balance of Payments.

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  India's forex reserves decline USD 2.922 billion to USD 652.895 billion, retreat from record highs

  Business | June 21, 2024 17:41 IST

  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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  RBI proposes automatic replenishment for UPI Lite wallet

  Business | June 07, 2024 15:00 IST

  The Reserve Bank of India (RBI) has proposed a new facility to allow automatic replenishment of UPI Lite wallets to promote small-value digital payments. Currently, UPI Lite has a daily limit of Rs 2,000 and a per-transaction limit of Rs 500.

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  RBI keeps repo rate unchanged at 6.5% for eight consecutive time | Key highlights

  Business | June 07, 2024 13:01 IST

  RBI Governor Shaktikanta Das revealed the next set of monetary policies on Friday morning. Earlier, experts anticipated that the RBI will maintain the benchmark interest rate at 6.5%, unchanged since February 2023, due to inflation concerns.

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  Peru becomes first South American country to adopt UPI technology, signs agreement with NPCI

  Business | June 05, 2024 18:50 IST

  Julio Velarde, Governor of the Central Reserve Bank of Peru calls it a significant step towards strengthening and modernising the Peruvian payments system by expanding access to digital payments.