RBI for widening scope of ‘bank note’ to include digital currency
The Reserve Bank of India (RBI) has proposed amendments to the Reserve Bank of India Act, 1934, which would enable
Read more
Reserve Bank Corner
RBI mulls bond forwards, engages with life insurers
The Reserve Bank of India (RBI) is understood to be weighing a proposal to allow ‘bond forwards’ — a deal
Read more
Borrowers moving towards fixed rate loans: RBI chief
There is a trend among borrowers to move towards fixed rate loans even as the Reserve Bank of India (RBI)
Read more
Indian Bank reports fraud of over Rs 33cr to RBI
Indian Bank has reported a fraud of more than Rs 33 crore to the Reserve Bank, involving two of its
Read more
Reserve Bank panel recommends withdrawal of 150 circulars
The Reserve Bank withdrew more than 100 redundant circulars following recommendations made by the Regulations Review Authority. The redundant circulars
Read more
Identify cos that are not viable : RBI Chief
RBI governor Shaktikanta Das asked lenders to proactively identify loans to firms that have turned non-viable but not yet recognised
Read more
Gold bars seized by I-T Dept to be sold to Reserve Bank
Finance Ministry has decided that hereafter seized or confiscated gold will be sold to the Reserve Bank of India (RBI)
Read more
RBI opens UPI to basic phones
The Reserve Bank of India (RBI) is set to bring more users under the ambit of the homegrown unified payments
Read more
Jury is still out: RBI Deputy Guv on entry of big biz groups in banking
“The jury is still out” on the issue of allowing big corporates into the banking space, says M Rajeshwar Rao,
Read more
Indian economy recovering well; Omicron a risk: RBI
The Indian economy “continues to forge ahead, emerging out of shackles of pandemic,” but the rise of the Omicron variant
Read more