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  What is good for another market need not be good for us: RBI Governor Shaktikanta Das

  Business | January 11, 2024 14:01 IST

  The governor's comments were made in response to the recent approval by the US Securities and Exchange Commission for the creation of bitcoin exchange-traded funds (ETFs) in the United States.

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  UPI Lite on Google Pay Revolutionizes Payment Process, Removes Need for UPI PIN

  Technology | July 13, 2023 22:57 IST

  Google Pay has recently launched UPI Lite, a feature that enables users to make fast and convenient payments of up to Rs 200 without the need for a UPI PIN. This new addition to the Google Pay platform simplifies small-value transactions, allowing users to make payments quickly and easily.

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  Har Payment Digital: RBI launches mission to make every citizen a user of digital payment

  March 06, 2023 21:30 IST

  Reserve Bank of India Governor, Shaktikanta Das, launched the "Har Payment Digital" mission as part of Digital Payments Awareness Week 2023. The goal of the mission is to make every Indian citizen a user of digital payments.

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  Airtel Payments Bank receives Scheduled Bank Status from the Reserve Bank of India

  Technology | January 05, 2022 11:15 IST

  Airtel Payments Bank recently announced that they have been categorised as 'Scheduled Bank' by the Reserve Bank of India.

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  RBI likely to keep key policy rate unchanged: Experts

  Business | December 05, 2021 14:30 IST

  If the RBI maintains status quo in policy rates on Wednesday, it would be the ninth consecutive time since the rate remains unchanged. The central bank had last revised the policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.

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  RBI bans Srei Infra auditor Haribhakti & Co for two years

  Business | October 12, 2021 22:45 IST

  The action has been taken against the firm for failure to comply with a specific direction issued by the RBI with respect to its statutory audit of a Systemically Important Non-Banking Financial Company (NBFC), the central bank said in a statement.

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  RBI imposes Rs 50 lakh penalty on THIS co-operative Bank

  Business | September 03, 2021 23:36 IST

  The penalty has been imposed for non-compliance with directions contained in the Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016 and specific directions under the Supervisory Action Framework (SAF).

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  RBI imposes Rs 50.35 lakh penalty on THIS co-operative Bank

  Business | August 02, 2021 19:48 IST

  The penalty has been imposed for non-compliance with directions issued by RBI on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks' and 'Membership of Credit Information Companies (CICs)'.

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  Mastercard stops issuing new debit, credit cards from today after RBI's ban | All you need to know

  Business | July 22, 2021 13:54 IST

  After American Express Banking Corp and Diners Club International, Mastercard is the third company to have been barred by RBI from acquiring new customers over data storage issues.

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  RBI imposes Rs 25 lakh penalty on THIS Bank

  Business | July 02, 2021 21:20 IST

  The Reserve Bank of India (RBI) on Friday imposed a penalty of Rs 25 lakh on Punjab and Sind Bank for non-compliance with certain provisions of directions on 'Cyber Security Framework in Banks'. 

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  RBI JE Result 2021 declared. Direct link to download

  Exam Results | July 02, 2021 16:39 IST

  RBI JE Result 2021: The Reserve Bank of India (RBI) has released the results of RBI JE recruitment exam 2021. Candidates who have appeared for the RBI Junior Engineer examination can check their result on the official website-- rbi.org.in.

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  RBI imposes Rs 23 lakh fine on THESE co-operative banks

  Business | June 21, 2021 20:09 IST

  The RBI said the penalties have been imposed due to deficiencies in regulatory compliance, and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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  RBI asks banks not to refer to its 2018 circular on virtual currencies

  Business | May 31, 2021 23:27 IST

  The latest directive comes against the backdrop of some banks and regulated entities citing the circular and cautioning customers against dealing in virtual currencies.

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  Demand, employment severely hit by 2nd wave of Covid: RBI

  Business | May 18, 2021 12:36 IST

  As the severe Covid crisis and the resultant lockdowns have shut down economic activities to a great extent, the monthly RBI Bulletin has said that demand and employment have been among the most impacted economic aspects amid the second Covid wave.

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  RBI appoints Jose J Kattoor as Executive Director

  Business | May 10, 2021 20:03 IST

  The Reserve Bank of India has appointed Jose J Kattoor as Executive Director (ED), the central bank said in a statement on Monday. 

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  RBI imposes Rs 25.5 lakh penalty on Jaipur-based Jumbo Finvest (India)

  Business | May 04, 2021 22:08 IST

  The penalty has been imposed for non-compliance with certain provisions, including Know Your Customer (KYC) directions.

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  RBI to strengthen risk-based supervision of banks, NBFCs

  Business | May 02, 2021 18:27 IST

  The Reserve Bank has decided to review and strengthen the Risk Based Supervision (RBS) of the banking sector with a view to enable financial sector players to address the emerging challenges.

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  RBI imposes Rs 40 lakh penalty on THIS bank

  Business | April 27, 2021 21:43 IST

  The penalty has been imposed for non-compliance with regulatory directions issued by NABARD contained in 'Review of Frauds - Guidelines on Monitoring and Reporting System', the Reserve Bank of India said on Tuesday.

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  RBI caps tenure of bank MD and CEOs to 15 years

  Business | April 26, 2021 20:07 IST

  In a major reform step, the Reserve Bank of India (RBI) has capped the tenure of bank MD and CEOs with immediate effect.

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  RBI to conduct customer satisfaction survey on bank mergers

  Business | April 26, 2021 18:07 IST

  Among other things, the respondents will be asked whether the merger was positive from the point of customer services.