Reserve Bank Of India (RBI): News
08 Nov 2018
Narendra ModiAshok Chavan calls demonetization biggest mistake of Modi government
Speaking on the second anniversary of demonetization, senior Congress leader Ashok Chavan today described it as the "biggest mistake of Modi government" and claimed that it resulted in the slowdown of the economy.
08 Nov 2018
Narendra Modi#DemonetizationTurns2: Congress and BJP trade attacks on note-ban anniversary
On the second anniversary of demonetization, Congress has planned a nationwide protest on Friday. The Congress plans to take to streets against the 'Tughlaqi farmaan' of Prime Minister Narendra Modi.
31 Oct 2018
Narendra ModiRBI vs Modi government: All about the spat, Section 7
The ongoing spat between the Reserve Bank of India (RBI) and the Modi government is public knowledge by now.
28 Oct 2018
IndiaSBI is shutting down these four services by December 31
Over the course of the next two months, India's largest public lender, State Bank of India, is shutting down four services for customers.
25 Oct 2018
JalandharJalandhar: Couple buys jewellery worth Rs. 1.9lakh with fake notes
In a tragicomic incident, a jeweller from Jalandhar was cheated of Rs. 1.90 lakh worth of jewellery by a couple using fake currency.
20 Oct 2018
IndiaIndia gets its first cryptocurrency ATM: Here's how it works
Since the Indian government and the Reserve Bank of India (RBI) imposed restrictions on the trading of cryptocurrencies in India earlier this year, Indians were left with no options to buy and sell cryptocurrencies.
17 Oct 2018
RuPayNow, you can transfer money between mobile wallets, courtesy RBI
Keeping its 2017 promise, the Reserve Bank of India (RBI), on Tuesday, issued final guidelines allowing the interoperability of prepaid payment instruments (PPIs) or mobile wallets.
15 Oct 2018
Wholesale Price Index (WPI)WPI inflation rises to 5.13% in September, courtesy fuel-price hike
Inflation based on wholesale prices rose to a two-month high of 5.13% in September, mainly due to the hardening of food prices and the rise in fuel prices.
14 Oct 2018
IndiaUS Senators write to Modi on India's data localization policy
Two top American Senators, John Cornyn and Mark Warner, have asked Prime Minister Narendra Modi to adopt a soft stance on data localization, warning that India's policy on the issue will adversely affect American businesses in the country.
05 Oct 2018
Petrol Diesel PricesIn a surprise move, RBI keeps policy rates unchanged
The Reserve Bank opted for a surprising status quo at the bi-monthly review today on expectations of softening price rise, but changed the policy stance to "calibrated tightening" from "neutral".
05 Oct 2018
IndiaRupee hits lifetime low of 74.13, plunges 55p against USD
The Indian rupee today crashed below the 74-level against USD for the first time ever after the RBI kept its key policy rate unchanged.
29 Sep 2018
IndiaIndia's leading cryptocurrency exchange shuts down operations: Details here
One of India's biggest cryptocurrency exchanges has shut down after being plagued by restrictions from the RBI.
29 Sep 2018
IndiaFake notes can get you jailed. Learn to spot them
How likely is it that you have a fake note resting in your wallet? With counterfeit notes worth Rs. 11.23 crore detected across India in the first eight months post demonetization, the probability of it is unmissable.
24 Sep 2018
State Bank of India (SBI)CiC slows down since May over spike in crude prices
The currency in circulation (CiC), which increased exponentially after the note ban in November 2016 under which as many as 99.9% of them returned to the system, has seen some slowdown in expansion since May this year.
24 Sep 2018
Arun JaitleyGovernment would take measures to ensure liquidity in NBFCs: Jaitley
Seeking to calm the nerves of worried investors, Finance Minister Arun Jaitley said today government would take all measures to ensure adequate liquidity for non-banking financial companies (NBFCs) and mutual funds.
21 Sep 2018
IndiaRBI unlikely to hike repo rate in October: Study
Weakness in the rupee does not offer a sufficient alibi for a rate hike and the Reserve Bank may go for a status quo at the policy review next month, a Japanese brokerage said today.
18 Sep 2018
IndiaIndependent India's first woman IAS officer Anna Malhotra passes away
India's first woman IAS officer post-Independence, Anna Rajam Malhotra, died at her residence in suburban Andheri in Mumbai yesterday, her family sources said. She was 91.
18 Sep 2018
International Monetary Fund'Real' depreciation of Indian rupee is at 6-7%, estimates IMF
The real effective depreciation of the Indian rupee this year as compared to Dec'17 is between 6-7%, according to the International Monetary Fund (IMF), which warned that it would jack up the prices of imported goods.
15 Sep 2018
EducationSince 2013, Indians' spending on overseas travel has grown 457-fold
Indians are spending fortunes overseas, and a ToI report has found that the maximum increases in overseas spending stem from travel and education.
14 Sep 2018
IndiaWPI inflation drops to 4-month low of 4.53% in August
Inflation based on wholesale prices eased to a four-month low of 4.53% in August on softening of prices of food articles, especially vegetables.
13 Sep 2018
Urjit PatelRBI Governor Urjit Patel to deliver lecture to anti-corruption officers
RBI Governor Urjit Patel is scheduled to deliver a lecture to senior anti-corruption officers working with banks and other public sector organizations next week in New Delhi.
12 Sep 2018
Consumer Price Index (CPI)Retail inflation cools to 11-month low of 3.69% in August
Retail inflation cooled to an 11-month low of 3.69% in August mainly due to fall in prices of kitchen items, including fruits and vegetables, official data showed.
10 Sep 2018
SensexRupee sinks to new low of 72.18 against USD
The rupee today slumped to a fresh record low of 72.18 by falling 45 paise against the US dollar on strong demand for the US currency from importers.
08 Sep 2018
IndiaAmounts you'll get back on exchanging Rs. 2000-note, and more
Handle your currency notes with utmost care, for exchanging torn notes may get you nothing or just half the value, according to new RBI guidelines.
04 Sep 2018
IndiaBanks with over 10 branches to have internal ombudsman: RBI
The Reserve Bank of India (RBI) yesterday asked all scheduled commercial banks with more than 10 branches to appoint an internal ombudsman (IO).
02 Sep 2018
IndiaYour SBI ATM-card will stop working: Here's how to replace
On August 14, the State Bank of India (SBI) had issued a notification to all its customers, asking them to change their old Magstripe Debit Cards to the more secure, EMV chip cards.
31 Aug 2018
IndiaWill banks remain shut in September's first week?
Contradicting social media reports that banks across India will remain shut for days in the first week of September, National Organization of Bank Workers' Vice President, Ashwani Rana has said banks will largely remain open and ATMs will function too.
29 Aug 2018
India99.3% of demonetized-notes worth Rs. 15.31-lakh-crore returned to banks: RBI
As many as 99.3% of the old Rs. 500 and Rs. 1,000 notes, that were banned overnight in November 2016, have been returned, the Reserve Bank of India said in its annual report.
23 Aug 2018
Narendra ModiSBI yet to recalibrate 18,135 ATMs for new notes: RTI
Country's largest lender State Bank Of India (SBI) is yet to recalibrate 18,135 automated teller machines (ATMs) even after 21 months of demonetization, an RTI query revealed.
23 Aug 2018
Kerala#KeralaFloods: RBI to conduct exams for Grade-B Officer posts again
The RBI will conduct Phase-I/Paper-1 examination for Grade-B Officer posts on September 2 at various centers in Kerala for those who couldn't appear for it due to flood situation.
21 Aug 2018
South KoreaFrom this Friday, use Metro card for your bus-rides too!
Come August 24, and you'll be able to use your metro card for paying for your bus rides!
14 Aug 2018
State Bank of India (SBI)Your SBI ATM card might stop working after December 31
If you're an SBI ATM card holder, chances are that your ATM card might stop functioning December 31 onwards, if you don't take the requisite action.
14 Aug 2018
IndiaRupee fall due to external factors, nothing to worry: Govt
The government today blamed external factors for the rupee's fall to an all-time low against the US Dollar and said there is nothing to worry at this stage.
14 Aug 2018
IndiaRupee tumbles to lifetime low of 70.09 against US Dollar
Reversing all its early gains, the Rupee today collapsed to a lifetime low of 70.09 against the US Dollar, falling 16 paise amid fears that the Turkish currency crisis, which sent shockwaves through markets, could lead to a global financial meltdown.
08 Aug 2018
IndiaIndia, source of growth for global-economy for next few-decades: IMF
India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said.
07 Aug 2018
IndiaIndian-banks suffered Rs. 70,000cr loss due to frauds in 3yrs
Indian banks reported a total loss of about Rs. 70,000cr due to frauds during the last three fiscals up to Mar'18.
05 Aug 2018
Indian Railways#CareerBytes: Don't miss these government job vacancies
Government jobs, for their various advantages and perks, are highly sought after, and see fierce competition among aspirants.
05 Aug 2018
Personal Finance#FinancialBytes: Have a credit card? 5 tips to use wisely
Given the ease and convenience of making payments that credit cards offer, they've now become a household phenomena.
03 Aug 2018
India5 financial services offered by Paytm you should know about
Paytm is Noida-based E-commerce start-up that mainstreamed digital wallets in India, and helped us get rid of the unnecessary hassle of making cash payments.
01 Aug 2018
IndiaFRDI Bill withdrawn on apprehensions expressed by public: Piyush Goyal
The government has decided to withdraw Financial Resolution and Deposit Insurance (FRDI) Bill following apprehensions expressed by the public with regard to the "bail-in" clause to resolve a failing bank and insurance cover on bank deposits, Finance Minister Piyush Goyal told a Parliamentary Committee.
