The Reserve Bank of India (RBI) has imposed Rs 2 crore penalty on UCO Bank for non-compliance of instructions issued by RBI on the collection of account payee instruments and those on...
The interim budget has announced a slew of welfare measures for farm and rural economy, middle class, realty and housing and the unorganised sector. The burden on the...
The Reserve Bank of India (RBI) has lifted the Prompt Corrective Action (PCA) framework operational curbs on Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank...
The Nepal Rastra Bank (NRB), the central bank of Nepal, has recently announced the ban of Indian currency notes with denominations above Rs.100. Under the new rule, Nepali...
The Reserve Bank of India (RBI) has voiced concern on the spike in non-performing assets (NPAs) under the government’s flagship scheme Pradhan Mantri Mudra Yojana to support micro-enterprises...
The Reserve Bank of India (RBI) has appointed a 5-member committee headed by Nandan Nilekani to suggest ways to improve digital payments. The committee will review the existing...
The Reserve Bank of India (RBI) has launched a ‘Survey on Retail Payment Habits of Individuals (SRPHi)’ to capture payment habits of individuals in six cities, including four...
The Reserve Bank of India (RBI) has constituted an expert committee, headed by its former governor Dr. Bimal Jalan, to review the existing Economic Capital Framework (ECF). The...
Shaktikanta Das, a retired 1980 batch IAS officer of Tamil Nadu cadre, has been appointed as the 25th Governor of the Reserve Bank of India (RBI) for a...
