RBI

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RBI eases rules for rupee trading, ends approval of Vostro accounts

Mumbai (Maharashtra) [India] Mumbai (Maharashtra) [India], Aug 6 (ANI): In a significant move aimed at further facilitating trading in the…

Business

RBI cuts repo rate to 5.5%, policy stance neutral

Mumbai Mumbai, RBI Governor Sanjay Malhotra on Friday announced a massive cut in the repo rate by 50 basis points…

Business

RBI reshuffles the portfolios of deputy governors

Mumbai: The Reserve Bank of India on Friday reshuffled the departments of its deputy governors. Poonam Gupta, who recently took…

Business

RBI issued new LCR guidelines for banks

Mumbai: The Reserve Bank of India (RBI) has released new liquidity coverage ratio (LCR) guidelines under which banks will have…

Business

RBI’s amendment in PSL rules will benefit banks: Experts

New Delhi: The Reserve Bank of India’s (RBI) changes to the Priority Sector Lending (PSL) rules will benefit banks with…

Business

PM Modi lauds RBI’s digital innovation

Delhi Delhi: Prime Minister Narendra Modi said digital innovation is making India’s financial ecosystem stronger- empowering countless people- as he…

Business

RBI’s interest rate cut does not enthuse the market

Mumbai Mumbai: Indian stock markets closed in the red on Friday after the Reserve Bank of India (RBI) announced a…

Business

Why did RBI form an 8-member committee to recommend a framework for AI?

Delhi Delhi: The Reserve Bank of India (RBI) has constituted an 8-member committee to recommend a framework for responsible and…

Business

RBI increases limit of unsecured agriculture loan to Rs 2 lakh to help farmers

NEW DELHI New Delhi: The Reserve Bank of India (RBI) has increased the limit of unsecured loans for farmers from…

News

RBI raises UPI Lite wallet limit to Rs 5,000

New Delhi: The Reserve Bank of India on Wednesday revised the wallet limit for the UPI Lite from Rs 2,000…

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