RBI authorised Bandhan Bank for disbursing civil pension
Bandhan Bank, one of the fastest growing private sector banks, on Tuesday announced that it has been appointed by Reserve Bank of India (RBI).
Reserve Bank of India (RBI)
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RBI to issue guidelines to banks for resolving rupee trade issues, boosting exporters’ confidence
Reserve Bank of India takes steps to address exporters' concerns and promote rupee trade
RBI asks smaller banks to develop systems for digital currency pilot programme
Reserve Bank of India (RBI) is looking to expand the central bank digital currency (CBDC), or digital rupee pilot programme by involving smaller banks and increasing transactions.
RBI reports 76% of ₹2000 denomination banknotes returned since June
76% of ₹2000 banknotes returned as public urged to utilize deposits and exchanges
RBI bulletin reveals average ticket size of transactions through credit cards was 3x larger than UPI in May
UPI expected to dominate retail digital transactions volume with a 90% share in the next five years, despite lower average ticket size compared to credit cards.
RBI rejects misleading reports of alleged disappearance of banknotes
The RBI addressed on the misconceptions and ensured to the public trust in currency management.
NaBFID raises INR 10,000 crore in maiden bond offering, signals investor confidence in infrastructure financing
Oversubscribed debt securities highlight strong market interest in NaBFID's role in India's development
RBI allows 5% default loss cover for bank-fintech deals, curbing risk in lender-fintech collaborations
Reserve Bank of India introduces guidelines to regulate default loss guarantee arrangements between banks and fintechs.
RBI Governor launches ‘Antardrishti’: Financial inclusion dashboard to foster greater inclusion
Insightful tool aims to monitor and address financial exclusion
No room for complacency on inflation, says RBI Governor
Stating that there is no room for complacency on inflation, Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said the course of monetary policy would depend upon the ground situation.
Here’s what RBI’s decision to discontinue ₹2000 banknotes actually mean for the Indian economy
In a surprising move, the Reserve Bank of India (RBI) decided to discontinue the circulation of ₹2000 notes.
RBI plans Rs 50,000 crore variable rate repo auction to inject liquidity into banking system
RBI to inject liquidity with Rs 50,000 crore variable rate repo auction to address deficits in the banking system.
RBI approves reappointment of N Kamakodi as City Union Bank’s MD & CEO for 3 more years
City Union Bank today said that the Reserve Bank of India (RBI) has approved the re-appointment of N Kamakodi as MD and CEO, for a period of 3 more years.
RBI most likely to maintain repo rate for now, claims Morgan Stanley report
The Reserve Bank of India agreed to keep the key benchmark interest rate, the repo rate, at 6.5 percent at its first monetary policy review meeting in 2023–2024.
RBI assessing potential bidders for majority stake in IDBI Bank
IDBI Bank divestment: Kotak Mahindra Bank, CSB Bank (backed by Prem Watsa), and Emirates NBD have expressed desire to acquire IDBI Bank.
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