The Reserve Bank of India’s revised bank locker rules will come to effect from January 1, 2023. What are the revised bank locker rules? The revised bank locker...
At the end of the recently held Monetary Policy Committee’s Meeting, RBI Governor announced that UPI’s capacity will be enhanced through the introduction of single block and multiple...
On December 1, the Reserve Bank of India has unveiled a framework allowing overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities that are...
A four-tiered regulatory framework for categorization of the Urban Cooperative Banks (UCBs) was recently released by the Reserve Bank of India (RBI). It had also announced norms concerning...
After successfully launching the wholesale pilot project for central bank digital currency in November, the RBI commenced the retail CBDC pilot project from December 1. About RBI’s Retail...
The seventh edition of the Handbook of Statistics on Indian States 2021-22 was released recently by the Reserve Bank of India (RBI). About the report Handbook of Statistics...
75 digital banking units were inaugurated by Prime Minister Modi on October 16, 2022. Key facts In the Union Budget 2022-23, the Indian Government announced the setting up...
India’s retail inflation surged to a 5-month high in September, surpassing RBI’s upper margin of 6 per cent for the ninth consecutive time. Key facts Retail inflation, measured...
On October 7 this year, the Reserve Bank of India launched a concept note to raise public awareness about central bank digital currency (CBDC). Key facts The recently...
The MPC has lowered the GDP forecast and increased the repo rate by 50 basis points. Key Highlights The Reserve Bank of India (RBI) has increased the repo...
