The Reserve Bank of India (RBI) recently shared updated figures regarding the circulation of Rs. 2000 banknotes in the country. On May 19th 2023, the RBI had announced that these

Shares of rate-sensitive companies surged in the wake of the Reserve Bank of India’s (RBI) decision to keep the repo rate steady at 6.5 percent for the fourth consecutive time.

“India’s forex reserves declined to the weakest level since July 24, 2020, amid the central bank’s intervention. This time, the value of dollar and gold assets both declined amid revaluation

Credit card issuers must make sure that the cardholder’s approved credit limit is not exceeded at any moment without first getting their express permission. The Reserve Bank of India (RBI)

The Reserve Bank of India on Monday illustrated it has assessed a monetary penalty for rule-breaking operations. Hissar Urban Cooperative Bank Ltd has been fined Rs 3 Lakhs and Andaman

RBI said the bank is committed to complying with the norms of Minimum Regulatory Capital, Net NPA, and Leverage ratio on an ongoing basis. It has also appraised the structural

In the RBI’s monthly bulletin released late Friday, the central bank said it will have to front-load its monetary policy to fight high inflation and shield medium-term growth. Inflation has

He stated that the corporation, which presently has nine directors on its board, aims to have at least one-third independent directors. B P Kanungo, a former deputy governor of the

The Reserve Bank of India put out an alert list of entities involved in forex transactions on unauthorized electronic trading platforms. Forex trading has been widespread in India after the

The RBI had, by its order dated April 23, 2021, imposed restrictions on American Express from onboarding new domestic customers onto its card network from May 1, 2021, for non-compliance

The last time an MPC meet was rescheduled was in February 2022 after the demise of renowned singer Lata Mangeshkar. In May 2022, the MPC held an off-cycle meeting after

The RBI mechanism is expected to facilitate importers and exporters to avoid rules that prevent the use of a global currency such as the US dollar for trade with certain