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Raghuram Rajan was the Governor of RBI during the second term of the UPA and the initial years of the Modi Govt
Politics

Former RBI Governor Raghuram Rajan joins Congress party’s Bharat Jodo Yatra

PGurus Newsdesk - 0
Raghuram walks with Rahul in 'Bharat Jodo Yatra' On Wednesday former RBI Governor Raghuram Rajan joined the Congress party’s Bharat Jodo Yatra led by MP...
Supreme Court was hearing a batch of 58 petitions challenging the demonetisation exercise announced by the Centre on November 8, 2016
Law and Order

Supreme Court directs Centre, RBI to submit records relating to Govt’s...

PGurus Newsdesk - 5
SC reserves order on demonetisation plea, asks Centre, RBI to present related records The Supreme Court on Wednesday directed the Centre and the Reserve Bank...
RBI governor Shaktikanta Das emphasizes concerns on core inflation, says overall price momentum high
Banking

RBI Governor Shaktikanta Das announces hike in repo rate by 35...

PGurus Newsdesk - 1
RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC)...
A month after RBI had started a pilot in the digital rupee - wholesale segment, the central bank will launch the first pilot for retail digital rupee tomorrow
Banking

Reserve Bank of India to launch the first pilot of retail...

Team PGurus - 2
RBI picks 8 banks, and 13 cities to test retail digital currency The Reserve Bank of India (RBI) will launch the first pilot for retail...
Centre makes changes to facilitate and ease international trade transactions in Indian Rupees
Banking

Centre amends Foreign Trade Policy; allows rupee settlement in export promotion...

PGurus Newsdesk - 1
With the aim to boost trade, govt allows rupee settlement in export promotion schemes The Commerce Ministry said in a statement that the Central government...
‘Rural and Agricultural Farmers’ Co-operative Bank’ was active for nearly a year; it collected unauthorized deposits and advanced loans claiming to be an entity regulated by RBI
Banking

Tamil Nadu police bust fake bank operating in Chennai and 8...

PGurus Newsdesk - 1
How Tamil Nadu man starts own bank to con depositors After a complaint from the Reserve Bank of India (RBI), Chennai, the Central Crime Branch...
The lenders use the borrowers' confidential personal data like contacts, location, photos, and videos for blackmail and harassment
Law and Order

MHA seeks urgent action against predatory Chinese lending apps; writes to...

PGurus Newsdesk - 1
MHA goes strict against Chinese lending apps, directs states, union territories to take action In a communication to all states and union territories, the Union...
Indian danks are discussing the currency pair for the payment mechanism and the options include the Indian rupee paired with the Russian ruble or Saudi Arabia's riyal
Banking

UCO Bank, YES Bank working with Russian banks on rupee trade...

PGurus Newsdesk - 0
International trade in rupee: Two Indian banks drag feet on the mechanism As per a senior government official, Indian lenders UCO Bank and Yes Bank...
Dr. Swamy has alleged that the involvement of RBI officials in scams involving various entities such as Kingfisher, Bank of Maharashtra and Yes Bank had not been probed
Law and Order

Supreme Court seeks response from CBI, RBI on a plea by...

Team PGurus - 6
Notice to RBI, CBI in the petition filed by Dr. Swamy in the 'bank loan fraud' case The Supreme Court on Monday issued notice to...
FM Nirmala Sitharaman announced in her budget speech in February that the RBI would come up with a CBDC during the current fiscal
Banking

RBI’s digital currency platform may help enforce black money regulations

PGurus Newsdesk - 0
RBI to take a graded approach on CBDC, in line with monetary policy The proposed Central Bank Digital Currency (CBDC) platform is expected to generate...
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