The payout stood at 2.1 trillion rupees in the earlier year. The RBI makes an annual payout to the government from the surplus income it earns on investments and valuation changes on its dollar ...

To address this growing concern, the Reserve Bank of India (RBI) has taken a significant step. The RBI has introduced two dedicated phone number series for financial institutions to use when making ...

The Reserve Bank of India (RBI) on Thursday released the list of non-banking finance companies (NBFCs) in the upper layer segment for the year 2024-25, which included Tata Sons Private Ltd, Bajaj ...

A claim has been circulating on social media, suggesting that the Reserve Bank of India (RBI) has mandated the use of specific ink colors for writing cheques. However, the Press Information Bureau ...

In a bid to promote cross-border transactions in rupees and currencies of other countries, the Reserve Bank of India (RBI) has further liberalised the Foreign Exchange Management Act (FEMA). On ...

Reserve Bank of India (RBI) has issued guidelines aimed at mitigating financial frauds involving voice calls and SMS. The increasing use of mobile numbers for account authentication has made them a ...

Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been allowed to slide more freely. Tight liquidity will not bind the Reserve ...

RBI Rate Cut Expectations: A German brokerage firm has suggested that the Reserve Bank of India (RBI) should initiate a rate-cut cycle by reducing key policy rates by 0.25% during its upcoming policy ...

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...

RBI Dy Governor portfolio reshuffle: The Reserve Bank of India (RBI) announced the portfolio duty rejig of its three remaining deputy governors on Tuesday, January 14, with the retirement of Dr ...

To ease liquidity tightness in the banking system, the Reserve Bank of India (RBI) has decided to conduct daily Variable Rate Repo (VRR) auctions until further notice. The first such auction will ...

The RBI governor held meetings with the MD & CEOs of public sector banks and select private sector banks. (Image/PTI) RBI Governor Sanjay Malhotra is showing a willingness to allow the rupee to ...