Reserve Bank Of India Archives - Eastern Mirror
Friday, November 08, 2024
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Reserve Bank of India

RBI, Maldives Monetary Authority enter into currency swap pact

RBI, Maldives Monetary Authori...

MUMBAI — The Reserve Bank of India (RBI) on Monday said it has entered into a currency swap agreement with the Maldives Monetary Authority (MMA)...

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RBI unlikely to cut interest rate in 2024: SBI chief Setty

RBI unlikely to cut interest r...

NEW DELHI — The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of...

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Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM

Garment sector facing uncertai...

NEW DELHI — The Indian garment and knitted fabric sector is witnessing a bit of uncertainty due to the Bangladesh crisis, Finance Minister Nirmala Sitharaman...

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RBI asks payment firms to report suspicious fund transfers during LS polls

RBI asks payment firms to repo...

MUMBAI — The Reserve Bank of India (RBI) has asked non-bank payment system operators (PSOs), to track high-value or suspicious transactions through electronic modes of...

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RBI extends last date for Paytm Payments Bank to stop accepting deposits to March 15

RBI extends last date for Payt...

MUMBAI — The Reserve Bank of India (RBI) has extended by 15 days to March 15 the deadline after which Paytm Payments Bank Ltd is...

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RBI issues warning against fraud through KYC trick

RBI issues warning against fra...

MUMBAI — The Reserve Bank RBI on Friday cautioned the general public against frauds in the name of KYC updation as more incidents are being...

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Growth in banks’ credit surpassing deposits: RBI

Growth in banks’ credit ...

MUMBAI — The gap between credit and deposit growth of banks as of the first fortnight of January 2024 has widened compared to the last...

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RBI asks ombudsmen of banks to ensure effective redress of customer grievances

RBI asks ombudsmen of banks to...

MUMBAI — The RBI has asked internal ombudsmen of banks, NBFCs, and credit information companies (CICs) to provide inputs for enhancing internal systems and processes...

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RBI wants ceiling for state governments’ guarantees to be fixed at 5% of revenue

RBI wants ceiling for state go...

MUMBAI — The Reserve Bank of India (RBI) on Tuesday recommended that state governments should consider fixing a ceiling for incremental guarantees that they issue...

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RBI comes out with draft to simplify licensing norms for money changers

RBI comes out with draft to si...

MUMBAI — The Reserve Bank of India (RBI) has come out with a set of new draft norms aimed to simplify and rationalise the authorisation...

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