RBI extends deadline for locker agreements renewal till Dec 31
The Reserve Bank of India (RBI) on Monday extended the deadline for renewal of locker agreements between customers and banks till December 31, 2023.
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Reserve bank of India
RBI cracked the whip on ICICI, others, for flouting norms, but was ignored: RTI
The Reserve Bank of India (RBI) had slapped show cause notices (SCNs) and imposed penalties on the ICICI Bank and certain other banks way back in 2017, for violating various norms, according to a RTI reply, but few of these…
Financial literacy poor across urban, rural population in country: RBI survey
A general perception is that most of the rural population is not well versed with digital banking in India.
Ready to deal in digital rupee? Find out what exactly it is
The Reserve Bank of India (RBI) had, last week, announced that it will commence a pilot project of digital rupee (eRs) for specific use cases in the wholesale segment from November 1. The pilot project is for settlement of…
RBI panel holds meeting to draft response to Centre on failure to check inflation
Having failed to keep inflation within its tolerance limit of up to 4 per cent for the past three quarters, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) met on Thursday to draft its response to the…
RBI to launch digital rupee pilot project today
The Reserve Bank of India (RBI) will today launch the nation's first digital rupee pilot project for the wholesale segment.
RBI imposes Rs 5 lakh penalty on LIC Housing Finance
The Reserve Bank of India (RBI) on Monday imposed a penalty of Rs 5 lakh on LIC Housing Finance Ltd for non-compliance with certain provisions of the Housing Finance Companies Directions, 2010 issued by the National Housing…
RBI’s measures controlled inflation: Economists
Economists are of the view that the measures taken by the Reserve Bank of India (RBI) has controlled the inflation and add that the inflation will come down.
RBI can argue its case for not curbing inflation
The Reserve Bank of India (RBI) can argue its case strongly with the Central government as to why the inflation was not controlled at 4 per cent, said experts.
Consumer complaints need to be resolved quickly, says RBI Governor
Reserve Bank of India's ombudsmen should ensure that consumer complaints are resolved quickly and in a fair manner, RBI Governor Shaktikanta Das said on Friday.