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RBI
Three-day RBI monetary policy meet starts today; another repo rate hike likely

The monetary policy committee of the Reserve Bank of India is all set for its bi-monthly review meeting starting today. Read more on Dynamite News:
SC notice to Centre, RBI on plea seeking creation of centralised online database for unclaimed funds

The Supreme Court on Friday issued notices to the Centre, Reserve Bank of India (RBI) and others on a plea seeking directions to create a centralised...
Centre re-nominates 4 independent directors on central board of RBI

Further, Iyer and Chaturvedi have been re-appointed as a Member of the Northern Local Board and on the Eastern Local Board of the Reserve Bank of Indi...
Business: RBI wants govt to prohibit cryptocurrencies, says FM Sitharaman

The RBI mentioned that cryptocurrencies are not a currency because every modern currency needs to be issued by the central bank or the government, Fin...
Business: Bank deposit growth moderated year-on-year in March, says RBI

Bank deposit growth has moderated year-on-year to 10.0 per cent in March 2022 as compared with 11.9 per cent a year ago, the Reserve Bank of India dat...
Business: RBI drafts plan on outsourcing of IT services by banks, NBFCs

The draft has been released for comments of stakeholders and members of the public. The last date for comments and feedback is July 22, 2022. Full sto...
Business: RBI to adopt graded approach to introduce digital currency

The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (C...
Business: RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect

Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect. Read more on Dynami...
Repo and reverse repo rates unchanged for now: RBI

Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th time...
RBI to observe financial literacy week during Feb 14-18

The Reserve Bank of India (RBI) will observe 'financial literacy week' during February 14-18, in order to propagate financial education messages among...
RBI keeps repo, reverse repo rates unchanged for 10th time in a row

In the last monetary policy review of the current financial year, the Reserve Bank of India (RBI) on Thursday decided to keep repo and reverse repo ra...
RBI to issue digital rupee using blockchain in FY 22-23: Sitharaman

To boost the Indian economy, the Reserved Bank of India (RBI) will be issuing a digital rupee using blockchain and other technologies in the Financial...
RBI to conduct overnight VRR auction of Rs 75,000 cr on Monday

The Reserve Bank of India on Monday said it will be conducting an overnight variable rate repo auction under liquidity adjustment facility (LAF) for a...
RBI keeps interest rates untouched, continues accommodative stance

The Reserve Bank of India (RBI) maintained a status quo on key rates, keeping the repo rate unchanged, in its bi-monthly policy review announced on We...
RBI imposes Rs 1 crore penalty on Union Bank of India for non-compliance with certain provisions of...

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the Union Bank of India (UBI) for non-compliance with certain provisio...
Reforms initiated in financial system, public sector banks over last 7 years: PM Modi

Prime Minister Narendra Modi on Friday said that in the last seven years, non-performing assets were recognized with transparency in the country and p...
PM Modi to launch two innovative customer-centric initiatives of RBI tomorrow

Prime Minister Narendra Modi is scheduled to launch two innovative customer-centric initiatives of the Reserve Bank of India (RBI) on Friday.
RBI retains Advisory Committee of Srei Infrastructure Finance Limited, Srei Equipment Finance Limite...

Reserve Bank of India has retained the Advisory Committee of Srei Infrastructure Finance Limited and Srei Equipment Finance Limited, informed an offic...
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