RBI Archives - Page 3 of 14

Paytm bank given until March 15 to stop accepting new deposits

RBI extends Paytm Payments Bank transaction curb deadline to March 15....

Team PGurus - February 16, 2024 0

RBI extends Paytm Bank’s lifeline to help customers The Reserve Bank of India (RBI) on Friday extended by 15 days the deadline for stopping transactions...

BSE to conduct regular trading session as per regular timings on January 20 from its primary site

Markets

Stock markets to remain closed on the occasion of Ram Mandir...

PGurus Newsdesk - January 20, 2024 1

Ayodhya Ram Mandir Pran Partistha: Money markets to remain closed on January 22 Stock exchanges will observe trading holiday on January 22 in Equity, Equity...

Rupee has shown strength at the beginning of 2024, aided by positive participation in the capital markets and RBI interventions

Finance

Rupee edges up against US dollar for the seventh consecutive day

PGurus Newsdesk - January 11, 2024 0

Rupee gains 2 paise to 83.01 against US dollar On Thursday, the rupee edged up by 2 paise vis-a-vis the US dollar to close at...

Total value of the Rs.2000 banknotes in circulation was Rs.3.56 lakh cr at the close of business on May 19, 2023

Banking

RBI says 97.38% Rs.2000 banknotes have been returned

PGurus Newsdesk - January 1, 2024 0

After withdrawal, 97.38% of Rs.2000 banknotes returned to RBI The Reserve Bank of India (RBI) said on Monday that the total value of Rs.2000 banknotes...

The increase comes on the back of a $6.107 billion jump in the preceding week to $604.042 billion

Finance

India’s forex reserves surges to 4-month high of $606.9 bn

PGurus Newsdesk - December 15, 2023 0

Forex reserves surge: Highest gain since the week concluding on July 14 India's foreign exchange reserves rose by $2.816 billion to hit a four-month high...

RBI Governor Shaktikanta Das said on Friday that the committee unanimously decided to keep the repo rate at 6.5 percent

Economy

RBI retains repo rate at 6.5%, GDP growth at 7%, inflation...

PGurus Newsdesk - December 8, 2023 0

RBI keeps key rate unchanged on strong growth, inflation risks As predicted by economists, the Reserve Bank of India's Monetary Policy Committee (MPC) did not...

Reserve position in the IMF expanded by $42 million to $4.83 billion for the week ended November 17

Economy

India’s forex reserves surge by $5 billion in a week

PGurus Newsdesk - November 25, 2023 0

India’s forex reserves rise by $5.08 billion to $595 billion: RBI data India's foreign exchange reserves increased by $5.077 billion to $595.397 billion for the...

Penalty imposed on Shree Lodra Nagarik Sahakari Bank Ltd, Malpur Nagarik Sahakari Bank Ltd and Limbasi Urban Co-operative Bank Ltd

Banking

RBI imposes fine on 3 Gujarat banks for violating norms

PGurus Newsdesk - November 7, 2023 0

RBI action taken against the banks is based on deficiencies in regulatory compliance The Reserve Bank of India (RBI) has imposed monetary penalties on three...

A special scrutiny report and a comprehensive system audit report has revealed non-compliance with norms by Paytm Payments Bank

Banking

RBI imposes fine on Paytm Payments Bank for breach of norms

PGurus Newsdesk - October 13, 2023 0

RBI slaps Rs.5.4 cr fine on Paytm Payments Bank over non-compliance of guidelines related to KYC, cybersecurity Paytm Payments Bank has been imposed with a...