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Page-2 of Topic: RBI

CII Business Confidence Index

The Confederation of Indian Industry (CII) has reported that the latest CII Business Confidence Index for the October-December quarter rebounded to its highest reading in almost two years,...

January 16, 2023

Kerala Becomes Country’s First Fully Digital Banking State

Kerala has become the first state in India to enable digital banking in all eligible accounts. According to the State-Level Bankers’ Committee (SLBC), the state now has at...

January 10, 2023

RBI Releases Annual Report on Ombudsman Schemes

The Reserve Bank of India (RBI) has released its annual report on the “consumer education and protection activities” carried out during the 2021-2022 financial year as part of...

January 9, 2023

RBI’s Launch of Utkarsh 2.0

The Reserve Bank of India (RBI) has launched Utkarsh 2.0, the second phase of its medium-term strategy for strengthening regulatory and supervisory mechanisms. Utkarsh 2.0 builds upon the...

January 2, 2023

RBI norms for import of Gold

The Reserve Bank of India (RBI) introduced norms for facilitating the physical import of gold through India International Bullion Exchange (IIBX) or any authorized exchange by Qualified Jewellers...

May 28, 2022

RBI surplus transfer to government – Update (May, 2022)

The Reserve Bank of India (RBI) board recently approved the transfer of ₹30,307 crores to the central government for the financial year 2021-22. This is the lowest dividend...

May 24, 2022

RBI: Cardless cash withdrawal facilities at all ATMs

The Reserve Bank of India (RBI) has directed all banks, ATM networks, and White Label ATM Operators (WLAOs) to provide their customers with the option of Interoperable Card-less...

May 23, 2022

Record Fall of Indian Rupee

On May 9th Indian Rupee fell to its all-time low against the US Dollar, closing at 77.50 per USD. Why did the value of the Indian Rupee fall?...

May 11, 2022

RBI Monetary Policy Committee Announcements – Update (May, 2022)

Recently, the Monetary Policy Committee (MPC) held an unscheduled meeting and made some important announcements. What are the announcements? The MPC unanimously decided to increase the policy repo...

May 5, 2022

New Member of Monetary Policy Committee (MPC)

The Reserve Bank of India’s (RBI) central board gave its approval to appoint Rajiv Ranjan as an ex-officio member of the RBI’s monetary policy committee. Who is Rajiv...

May 5, 2022

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