Reserve Bank of India

Whose truth, whose interpretation, who suffers? Is there a consumption slowdown in India?

India’s consumption economy seems to be at a crossroads, marked by shifting long-term spending habits and a significant decline in private expenditure this year.

05 November 2024, 05:41 IST

Whose truth, whose interpretation, who suffers? Is there a consumption slowdown in India?

05 November 2024, 05:41 IST

Nearly 98% Rs 2000 banknotes returned; Rs 6,970 crore worth notes still with public: RBI

The total value of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on May 19, 2023. It has declined to Rs 6,970 crore at the close of business on October 31, 2024, the RBI said.

04 November 2024, 15:24 IST

Nearly 98% Rs 2000 banknotes returned; Rs 6,970 crore worth notes still with public: RBI

04 November 2024, 15:24 IST

Centre invites applications for RBI Deputy Governor

The appointment is for a period of three years, and the individual is qualified for reappointment. The position will have a monthly salary of Rs 2.25 lakh (Level-17).

04 November 2024, 08:29 IST

Centre invites applications for RBI Deputy Governor

04 November 2024, 08:29 IST

RBI ups domestically-held gold by another 102 metric tonnes in April-September

India has been gradually moving gold reserves to local vaults -- said to be located in the financial capital and Nagpur -- over the past few years. In FY24, it had moved 100 metric tonnes more from the UK to domestic locations.

29 October 2024, 15:39 IST

RBI ups domestically-held gold by another 102 metric tonnes in April-September

29 October 2024, 15:39 IST

Ambani's Jio Payment Solutions gets RBI nod to operate as online payment aggregator

Jio Financial was spun out of the Ambani-led Reliance Group last year.

29 October 2024, 10:26 IST

Ambani's Jio Payment Solutions gets RBI nod to operate as online payment aggregator

29 October 2024, 10:26 IST

RBI adds more entities in 'Alert List' of unauthorised forex trading platforms

The Alert List contains names of entities which are neither authorised to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) nor authorised to operate electronic trading platform (ETP) for forex transactions under the Electronic Trading Platforms (Reserve Bank) Directions, 2018.

22 October 2024, 10:43 IST

RBI adds more entities in 'Alert List' of unauthorised forex trading platforms

22 October 2024, 10:43 IST

Reserve Bank of India sold $6.49 billion in spot forex market in August

The RBI said it purchased $16.14 billion and sold $22.64 billion in the spot forex market in August.

21 October 2024, 14:18 IST

Reserve Bank of India sold $6.49 billion in spot forex market in August

21 October 2024, 14:18 IST

RBI imposes Rs 28.30 lakh fine on SG Finserve

The company's financial statements for FY23 revealed inter alia, non-compliance with the specific conditions of the CoR.

14 October 2024, 15:03 IST

RBI imposes Rs 28.30 lakh fine on SG Finserve

14 October 2024, 15:03 IST

Payment systems: RBI asks banks to ensure easier accessibility to people with disabilities

PSPs have been asked to submit to the Reserve Bank, within one month, details of their systems/devices that need to be modified, along with a time-bound plan of action for achieving the same.

11 October 2024, 11:05 IST

Payment systems: RBI asks banks to ensure easier accessibility to people with disabilities

11 October 2024, 11:05 IST

Bandhan Bank stock up 12% after RBI approves appointment of Partha Pratim Sengupta as MD & CEO

Partha Pratim Sengupta's three-year tenure counts from the date of taking charge, which shall not be later than November 10, 2024.

11 October 2024, 08:32 IST

Bandhan Bank stock up 12% after RBI approves appointment of Partha Pratim Sengupta as MD & CEO

11 October 2024, 08:32 IST