Mumbai: The Reserve Bank has introduced a new type of prepaid payment instrument (PPI) which could be used only for purchase of goods and services up to a limit of …
RBI introduces new prepaid payment instrument Read More
By Taponeel Mukherjee The Reserve Bank of India decided to hold repo rates unchanged in its meeting on December 5, 2019. In this context, apart from the outlook on inflation, …
Transmission mechanism: Monetary policy and beyond Read More
Mumbai, Dec 3: The Indian equity markets traded in the red during the early trade on Tuesday as banks and financial services saw mild selling pressure. The Sensex was down …
Sensex down 70 pts, Banks slip Read More
The Maharashtra State Bank Employees Federation (MSBEF) on Monday termed the resignation of RBI deputy governor Viral Acharya as “unfortunate” and stated that the sudden move is “disastrous for Indian …
MSBEF describes RBI deputy governor’s resignation disastrous for Indian economy, urges government to ‘introspect’ Read More
The Reserve Bank of India will announce its second bimonthly monetary policy statement for 2019-20 on Thursday amid expectations of a 25 basis points cut in the repo rate to …
RBI may cut policy rate to support growth Read More
The Reserve Bank of India (RBI) issued Rs 50 denomination banknotes bearing the signature of Governor Shaktikanta Das. ‘The design of these notes is similar in all respects to Rs …
RBI issues new Rs 50 bank notes with Governor ‘Shaktikanta Das’ signature Read More
Samikhsya Bureau Reserve Bank of India (RBI), in its first bi-monthly monetary policy meet of financial year FY19-20, today decided to cut repo rate by 25 basis points (bps) or …
RBI cuts repo rate by 25 basis points; lowers GDP growth forecast Read More
The Reserve Bank of India will set up a ‘Regulatory Sandbox’ to benefit FinTech companies by way of reduced time to launch innovative products at a lower costs and will …
RBI to issue guidelines for regulatory sandbox in next 2 monts: Das Read More
Private sector lender Yes Bank said Reserve Bank of India (RBI) has slapped a fine of Rs 1 crore on the bank for non-compliance of directions on Swift messaging software. …
RBI penalises Yes Bank for non-compliance of instructions Read More
Samikhsya Bureau In a move that may have widespread political and economic impact, Urjit Patel resigned as governor of Reserve Bank of India (RBI) on Monday, nine months before the …
Urjit Patel, a handpicked man who could not take it anymore, resigns as RBI governor Read More