Reserve Bank Of India(Search results - 48)
BusinessJun 11, 2021, 9:40 AM IST
Charges for ATM withdrawals increased; interchange fee per transaction hiked from Rs 15 to Rs 17
The RBI decision reportedly comes after ATM operators raised concerns over the increasing cost of ATM deployment and maintenance.
BusinessJun 4, 2021, 10:46 AM IST
RBI monetary policy: GDP forecast trimmed to 9.5%, Repo rate unchanged at 4%
Reserve Bank of India (RBI) today announced its bi-monthly monetary policy review as RBI Governor Shaktikanta Das read out the Monetary Policy statement. RBI has projected India's GDP growth at 9.5% for the ongoing financial year of 2021-2022.
BusinessApr 7, 2021, 11:44 AM IST
RBI Monetary Policy: Repo rate unchanged at 4%; RTGS, NEFT facilities beyond banks
The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery amid a sharp new wave of Covid-19 cases.
BusinessMar 31, 2021, 8:49 AM IST
Banks across India will be closed for 14 days in April
According to the Reserve Bank of India holiday calendar, eight out of these 14 holidays are on account of various festivals and the bank closing day (April 1), while the rest are regular holidays.
BusinessDec 29, 2020, 2:09 PM IST
16 bank holidays in January 2021; plan your bank work accordingly
The Reserve Bank of India has come out with the list of holidays in January 2021 for banks. Customers have been advised to plan their bank-related work accordingly to avoid last-minute issues.
BusinessDec 14, 2020, 9:19 AM IST
RTGS money transfer facility is now available 24x7
The Reserve Bank of India had announced that the Real-Time Gross Settlement System or RTGS facility will now be available for round the clock transactions, with effect from 12:30 am on December 14.
BusinessDec 11, 2020, 8:57 AM IST
RTGS money transfer to be available 24x7 from December 14
The Reserve Bank of India has announced that the Real-Time Gross Settlement System or RTGS facility will now be available for round the clock transactions, with effect from 12:30 am on December 14.
BusinessDec 4, 2020, 12:38 PM IST
RBI: India must be competitive and not combative
Reserve Bank of India Governor Shaktikanta Das today said that the recovery in India's economy has been stronger than expected. He, however, while cautioning that the recent surge in COVID-19 infections has the potential to reverse the gains made. Here are 15 takeaways from his macroeconomic outlook
BusinessNov 24, 2020, 11:32 AM IST
RBI allowing corporates in banking is a "bad idea"
The recommendation by Reserve Bank of India's internal working group to allow industrial houses to float banks has kicked up a storm. Especially miffed with the IWG recommendation were former Reserve Bank of India Governor Raghuram Rajan and ex-Deputy Governor Viral Acharya, who expressed their reservations in a three page note. Here are key concerns that they raised. Read on...
Top StoriesNov 23, 2020, 11:37 AM IST
Reserve Bank of India becomes world’s first central bank to reach 1 million Twitter followers
RBI has beaten the US Federal Reserve and European Central Bank on Twitter by emerging as the most popular central bank on Twitter.
BusinessNov 18, 2020, 1:48 PM IST
RBI rescues Lakshmi Vilas Bank depositors, ropes in DBS India
Depositors of the cash-strapped private sector lender Lakshmi Vilas Bank, which was placed under moratorium by the Reserve Bank of India yesterday, can now breath easy.
BusinessNov 12, 2020, 2:45 PM IST
10 signs that show India's economy is recovering fast
Indian economy is well and truly on the path of economic recovery even as the fight against the Covid-19 pandemic enters the next stage.
BusinessNov 9, 2020, 9:16 AM IST
Sovereign Gold Bond Scheme has started; go online for Rs 50 discount this Dhanteras
The eighth series of Sovereign Gold Bond Scheme 2020-21 will open for subscription today. The government and the Reserve Bank of India are offering a discount of Rs 50 per gram to those applying and paying for the scheme online.
IndiaJul 11, 2020, 2:17 PM IST
Indian economy showing signs of returning to normalcy, says RBI governor
With the easing of lockdown restrictions, the Indian economy is showing signs of going back to normalcy, Reserve Bank of India (RBI) Governor Shaktikanta Das said