RBI
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Business
RBI Holds Gold Reserves Amid Anticipation of Price Decline
The Reserve Bank of India (RBI) has opted to keep its gold reserves unchanged at 880 metric tonnes from the…
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Business
RBI Introduces Floating Rate Savings Bonds with 8.5% Interest Rate
The Reserve Bank of India (RBI) has confirmed that the interest rates for its floating rate savings bonds (FRSB) will…
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Business
RBI Proposes ‘Borrower ID’ Initiative to Minimize Credit Score Discrepancies
The Reserve Bank of India (RBI) has proposed a groundbreaking initiative to introduce a unique borrower identifier aimed at enhancing…
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Business
Cybersecurity Enhancement: Banks and RBI Collaborate to Introduce Digital Fraud Prevention
In a significant move to combat the surge in digital payment fraud, major banks in India are joining forces with…
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Business
RBI Policy Minutes: Governor Supports Neutral Stance on Rate Cuts
RBI Governor Sanjay Malhotra has emphasized the importance of a front-loaded interest rate cut to enhance clarity and confidence among…
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Business
RBI Provides $400 Million Support in India-Maldives Currency Swap Agreement
India has expressed satisfaction over the recent improvement in the Maldives’ foreign exchange reserves, attributing a significant portion of this…
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Business
RBI to Implement Stricter Regulations for Overseas Transactions
The Reserve Bank of India (RBI) is set to tighten regulations on international money transfers, specifically targeting overseas remittances by…
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Business
RBI Considers Stricter Regulations to Address Mis-selling Issues
The Reserve Bank of India (RBI) is contemplating stricter regulations to combat the mis-selling of financial products, particularly where customer…
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Business
Public Sector Banks Adjust Lending Rates Following RBI Announcement
Public sector banks in India have begun adjusting their lending rates following the Reserve Bank of India’s recent decision to…
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Business
RBI MPC Initiates Policy Discussions as Rate Cut Expectations Rise
The Reserve Bank of India’s Monetary Policy Committee (MPC) commenced a crucial three-day meeting on Tuesday, with market analysts eagerly…
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Business
RBI Poised for Third Consecutive Rate Cut
The Reserve Bank of India (RBI) is poised to implement a 25 basis points cut to its benchmark interest rate…
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Business
RBI Considers Bank-Style Rate Regulations for NBFCs to Address Policy Gaps
The Reserve Bank of India (RBI) is set to implement new interest rate regulations for non-banking finance companies (NBFCs) that…
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Business
PayPal Secures RBI Approval for Cross-Border Payment Operations
PayPal Payments Pvt Ltd, the Indian subsidiary of PayPal Holdings Inc, has secured in-principle approval from the Reserve Bank of…
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Business
RBI to Investigate Cross-Border CBDC Pilots for E-Rupee
The Reserve Bank of India (RBI) has reported a significant increase in the circulation of its central bank digital currency…
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Business
RBI Aims to Protect Forex Reserves Amid Rising Geopolitical Tensions
MUMBAI: The Reserve Bank of India (RBI) has reported an 8.2% increase in its balance sheet, reaching ₹76 lakh crore…
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