The Reserve Bank of India (RBI) has allowed Banks to set a limit on free ATM transactions customers can do at ATMs of rival lenders. Now customers of...
Former Reserve Bank of India (RBI) Governor Bimal Jalan has been appointed as head of the Expenditure Management Commission, which will study various aspects of expenditure reforms to...
The Governor of Reserve Bank of India, Mr. Raghuram Rajan, vociferously supported Direct Cash Transfers (DCT) to the poor, saying this would help curb corruption by breaking the...
With a view to introduce an ‘anytime anywhere payment system’, the Reserve Bank of India (RBI) issued draft guidelines for the implementation of Bharat Bill Payment System (BPPS)....
As per RBI’s third bi-monthly monetary policy statement for 2014-15 the central bank has not made any change in Repo rate which is currently at 8%. The Reverse...
As per a report by Bank of America- Merrill Lynch, the Reserve Bank of India (RBI) will continue to buy dollars to increase the foreign exchange reserves to...
S S Mundra (60) has taken charge as deputy governor Reserve Bank of India. As a deputy governor of the central bank, he will be responsible for banking...
The RBI will revert to the Multiple Price method for bond auctions on August 1, 2014, a year after it adopted the present method of Uniform Price. On...
The Reserve Bank of India (RBI) communicated the Andhra Pradesh government that there was no case for considering its request for restructuring of agricultural loans in the state. A...
The Reserve Bank of India (RBI) has cancelled the certificate of registration of six Non-Banking Financial Companies (NBFCs) based in Delhi. Now, these companies would not be able...
