The FIR was filed at Dadar Police Station two days after the Reserve Bank of India (RBI) imposed restrictions on the...
The upcoming MPC policy decision, scheduled for February 7, will be the first under RBI Governor Sanjay Malhotra, adding...
The share of digital payments more than doubled from 14-19% in March 2021 to 40-48% in March 2024, driven significantly...
The RBI has implemented these changes from January 1, 2022, to address the rising costs of ATM deployment and...
The primary driver behind this escalation is the subpar quality of the Kharif onion crop, leading to higher demand for...
The Reserve Bank has kept the key interest rate unchanged at 6.5 percent since February 2023, citing concerns on the...
According to RBI, the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the...
The RBI said that the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the...
The action is based on certain material supervisory concerns observed in the manner of onboarding customers onto its...
The rate increase cycle was paused in April after six consecutive rate hikes aggregating to 250 basis points since May...
Former Deputy Governor Viral Acharya described the government's attempt to extract Rs 2-3 lakh crore as a 'back-door...
Data collected from major banks indicates that out of the total banknotes in the Rs 2000 denomination received back from...
However, the overall limit for offline transactions remains Rs 2,000 to contain the risks associated with the relaxation...
The Reserve Bank has urged the public to utilise the next two months to deposit and/or exchange the Rs 2,000 banknotes...