Reserve Bank of India (RBI) has extended the deadline for exchanging pre-2005 currency notes of various denominations by another six months to June 30, 2016. From January 1,...
Reserve Bank of India (RBI) in its fifth bi-monthly monetary policy review has maintained status status quo in key policy interest rate. The key policy interest rates were...
Renowned economist Subir Gokaran has been appointed as an Executive Director on the board of the International Monetary Fund (IMF). Mr. Gokarn’s name was cleared by Appointments Committee...
Reserve Bank of India (RBI) Governor Raghuram Rajan has been appointed as vice chairman of the board of directors of the Bank for International Settlements (BIS). With this,...
Union Government has nominated Economic Affairs Secretary Shaktikanta Das to the Central Board of Directors of the Reserve Bank of India (RBI). Mr. Dase is IAS officer of...
The Reserve Bank of India (RBI) has allowed non-resident Indians (NRIs) to subscribe to the National Pension System (NPS) enabling them access old age income security. RBI has...
The Reserve Bank of India (RBI) has granted permission to the Indian corporate to issue offshore rupee-denominated bonds (Masala Bonds) outside India. In this regard, Union Government has...
Reserve Bank of India (RBI) has allowed banks to fix their own interest rates on gold deposits under the Gold Monetisation Scheme. In this regard RBI has issued...
The Reserve Bank of India (RBI) has signed a Memorandum of Understanding (MoU) with the Central Bank of United Arab Emirates (UAE) on Supervisory Cooperation and Exchange of...
Reserve Bank of India (RBI) has established Financial Inclusion Fund (FIF) with Rs. 2000 crore corpus expanding reach of banking services. This fund will support the developmental and...
