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RBI says 97.38% Rs.2000 banknotes have been returned

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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...

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

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

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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...

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

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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...

RBI imposes fine on 3 Gujarat banks for violating norms

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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...

RBI imposes fine on Paytm Payments Bank for breach of norms

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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...

RBI fines SBI, Indian Bank, Punjab & Sind Bank, Fedbank Financial...

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RBI imposes penalty worth Rs. 4.7 cr on SBI, 3 others; cancels Kapol Co-operative Bank licence The Reserve Bank of India (RBI) slapped fines on...

RBI directs banks to return property papers within 30 days of...

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RBI introduces guidelines for timely release of property papers to borrowers after loan repayment Reserve Bank of India (RBI) has issued guidelines for banks related...

With election season around the corner, SC mulls Revdi culture &...

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Need to draw a line between revdi culture and welfare schemes As Rajasthan, Madhya Pradesh, Telangana, and Chhattisgarh gear up for Assembly polls, it is...

India’s GDP growth towers over several economies: Chief Economic Adviser

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GDP growth prospects bright, private capex takes off, says CEA Nageswaran Even as the GDP growth for the first quarter of the current fiscal stood...

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