RBI

The Reserve Bank of India (RBI) on Saturday rejected the reports of “missing ₹500 notes” as incorrect and based on an “erroneous interpretation” of information collected from banknote printing presses under the Right to Information Act,…
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The Reserve Bank's rate-setting monetary policy panel began deliberations on Tuesday amid expectations that the central bank will keep the benchmark interest rates unchanged at 6.5 per cent on the back of easing retail inflation and the…
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The RBI on Friday said it has imposed a penalty of ₹84.50 lakh on Central Bank of India (the bank) for non-compliance with certain provisions of norms related to frauds classification and reporting. The Reserve Bank had conducted statutory…
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Reserve Bank of India governor Shaktikanta Das on Monday made it clear that there was no plan to reintroduce ₹1,000 currency notes. Addressing the media about the RBI's recent decision to withdraw ₹2,000 currency notes and said the impact…
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Reserve Bank governor Shaktikanta Das on Friday cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability and hinted that the ongoing crisis in the US banking system seems to have…
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भारतीय रिजर्व बैंक के एक आदेश के बाद डभोई के श्री महालक्ष्मी मर्केंटाइल बैंक (Shree Mahalaxmi Mercantile Co-operative Bank Ltd) के बाहर पैसे निकालने के लिए लोगों की भारी भीड़ लग गई. दरअसल इस बैंक की माली हालत बिगड़ने के बाद रिजर्व बैंक ऑफ…
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The Reserve Bank of India has announced that all international travellers visiting India will be able to make local payments using Unified Payments Interface (UPI) while they are in the country. The facility has been effective from today…
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RBI Governor Shaktikanta Das reiterated his caution about crypto assets in the Indian economy on 13 January. According to Das, cryptocurrencies are a bad bet and might even weaken the authority of the central bank if they are allowed to…
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Indian equity benchmarks fell after see-sawing between gains and losses in early trade on Wednesday, extending losses for the fourth straight day ahead of a widely expected rate hike, with traders waiting for details on the RBI's outlook in…
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RBI Governor Shaktikanta Das on Friday announced that the central bank's Monetary Policy Committee (MPC) has hiked the repo rate - or the key lending rate - by 50 basis points (bps) to a three-year high of 5.9 per cent. The country is…
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