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RBI terminates licenses of 2 NBFCs for breach of rules

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The companies violated RBI guidelines on the code of conduct On Monday, the Reserve Bank of India (RBI) announced that it has cancelled the licenses of...

Government dismisses Citigroup’s claim that India would struggle to create jobs

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Centre refutes Citigroup's employment report, highlights positive job data The Government of India on Monday issued a rebuttal to a recent Citigroup research note that...

Govt bonds worth Rs.28,000 crore coming up for sale on Friday

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3 lots will be sold through a price-based auction using the multiple-price method The Finance Ministry announced the sale of government bonds worth Rs.28,000 crore...

RBI introduces draft regulations aimed at streamlining export and import transactions

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New RBI draft regulations to simplify export and import deals On Tuesday, the Reserve Bank of India (RBI) came out with new draft regulations and...

RBI to be positioned as model for Global South: Shaktikanta Das

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India's domestic financial system is now in a much stronger position": RBI Governor On Thursday, RBI Governor Shaktikanta Das said that "necessary policy actions" are...

RBI Governor Shaktikanta Das expects growth in April-June quarter to surpass...

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Agricultural growth is driving rural demand, Das says, as private consumption is recovering Reserve Bank of India (RBI) Governor Shaktikanta Das expects the strong growth...

RBI rejects reappointment of Rajkumar Bansal as MD, CEO of Edelweiss...

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Following the development shares of Edelweiss Financial Services declined by 8.2% to date The Reserve Bank of India (RBI) has rejected the reappointment of Rajkumar...

RBI Governor warns banks, NBFCs over slapping extra fees on customers

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A prudent balance between assets and liabilities has to be maintained: RBI governor RBI Governor Shaktikanta Das on Friday sent a clear message to banks...

Viksit Bharat 2047: RBI, NPCI International Payments aims to expand UPI...

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RBI and NPCI working to expand UPI to 20 countries by 2029 shows central bank’s annual report The Reserve Bank of India (RBI) and NPCI...

RBI to allow opening of rupee account outside India

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RBI to boost rupee's internationalization, liberalize norms for non-residents On Thursday, the Reserve Bank of India (RBI) allowed the opening of rupee accounts outside India...

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