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RBI issues a clarification on withdrawing Rs 100 and Rs 10 notes 25 January 2021
RBI issues a clarification on withdrawing Rs 100 and Rs 10 notes:- There are several speculations across the country about the ban of Rs 100, Rs 10 and Rs 5 notes in the country. To keep an end to all...
Keywords: RBI Rs 10 old notes, RBI Rs 5 old notes, RBI Rs 100 notes, Reserve Bank of India news
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Not Possible to Extend the Loan Moratorium Period says RBI 10 October 2020
Not Possible to Extend the Loan Moratorium Period says RBI:- With the entire nation impacted badly due to the coronavirus pandemic, the Reserve Bank of India announced a relief for all those who are occupied with various loans. The Reserve...
Keywords: RBI updates, Supreme Court, RBI news, RBI about loan moratorium
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RBI Says Cash On Delivery Is Illegal 26 July 2018
RBI Says Cash On Delivery Is Illegal:- The option of cash on delivery is widely used across the country through online shopping which took a major leap. All the leading e-commerce companies like Amazon, Flipkart have been delivering the products...
Keywords: CoD, RBI, Flipkart, RBI
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Reserve Bank Of India Extends Moratorium On Loans For 3 More Months 22 May 2020
Reserve Bank Of India Extends Moratorium On Loans For 3 More Months:- Due to the Coronavirus crisis, previously in march the Reserve Bank of India as given a Moratorium on loans payment that a three-month Moratorium on all term loans...
Keywords: Loan borrowers, Coronavirus crisis, Moratorium On Loans, Loan borrowers
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RBI hikes the Repo rate by 50 bps: Loan EMIs to go up 08 June 2022
RBI hikes the Repo rate by 50 bps: Loan EMIs to go up:- The Reserve Bank of India (RBI) hiked the repo rate by 50 basic points and this is the second increase in the last five weeks. The decision...
Keywords: Reserve Bank of India news, Reserve Bank of India news, Reserve Bank of India major announcements, Reserve Bank of India updates
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Fake Currency Worth Rs 1 Crore Deposited in RBI 28 September 2020
Fake Currency Worth Rs 1 Crore Deposited in RBI:- A heap of fake currency notes is deposited in various banks of the country and they reached the Reserve Bank of India. The total worth of the fake currency is said...
Keywords: fake currency, Reserve Bank of India updates, fake currency, Reserve Bank of India fake news
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99% Of The Demonetised Notes Are Back With RBI 29 August 2018
99% Of The Demonetised Notes Are Back With RBI:- The Reserve Bank of India (RBI) announced that over 99% of the demonetised notes are now back with them. Rs 15.3 lakh crores which have been taken out for circulation through...
Keywords: RBI latest note, RBI, RBI latest news, RBI updates
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RTGS Payment System To Be Available 24x7 From Monday 09 December 2020
RTGS Payment System To Be Available 24x7 From Monday:- The Reserve Bank of India today announced that the Real Time Gross Settlement System (RTGS) which is used to transfer funds online will be available 24*7 from December 14th. The system...
Keywords: RTGS payment limit, RTGS payment timings, RTGS payment news, RTGS payment 24*7
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India into Historic Recessions, says RBI 12 November 2020
India into Historic Recessions, says RBI:- With the arrival of coronavirus, the Indian economy shrank badly this year for the second straight quarter. A team of economists including Micheal Patra said that India is currently under an unprecedented recession. The...
Keywords: India recession latest, India recession, Central Bank, India recession latest
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RBI Cuts Repo Rate by 25 bps to 5.75% 06 June 2019
RBI Cuts Repo Rate by 25 bps to 5.75%:- The Reserve Bank of India (RBI) monetary policy committee today unanimously cut repo rate. It is the rate at which it lends to banks. The repo rate is cut by 25...
Keywords: RBI latest, repo rate, RBI new, RBI rules
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Rs 2000 Notes Circulation To Be Reduced 04 January 2019
Rs 2000 Notes Circulation To Be Reduced:- The Reserve Bank of India (RBI) decided to stop printing Rs 2000 notes to reduce their circulation in the country however they will remain valid. The cut in the circulation doesn't mean that...
Keywords: demonetization, Rs 2000 notes latest, Rs 2000 notes news, Rs 2000 notes updates
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RBI Hikes Repo Rate By 0.25% 06 June 2018
RBI Hikes Repo Rate By 0.25%:- The Reserve Bank of India (RBI) hiked the repo rate for the first time in the last four years. In its bi-monthly monetary policy held today, key decisions have been made. The repo rate...
Keywords: Reserve Bank of India, Reserve Bank of India updates, Repo rate, Reserve Bank of India latest
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RBI Asks HDFC Bank To Stop Digital Launches 03 December 2020
RBI Asks HDFC Bank To Stop Digital Launches:- The Reserve Bank of India (RBI) asked the private sector bank HDFC Bank to stop the launches of all its upcoming business activities temporarily along with issuing of new credit cards for...
Keywords: Reserve Bank of India, HDFC Bank disruptions, HDFC Bank new launches, RBI about HDFC Bank
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Allow 4 Withdrawals for Savings Account Holders per Month says RBI 11 June 2019
Allow 4 Withdrawals for Savings Account Holders per Month says RBI:- The Reserve Bank of India said that all the commercial banks should offer four minimum free withdrawals per month for all the basic savings bank deposit accounts. These transactions...
Keywords: RBI new rules, RBI new rules, RBI updates, RBI
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Shocker: RBI Governor Urjit Patel Resigns 11 December 2018
Shocker: RBI Governor Urjit Patel Resigns:- The Reserve Bank of India's Governor Urjit Patel submitted his resignation last evening citing personal reasons. With increasing tensions between the Finance Ministry and RBI, Urjit Patel submitted his resignation. The 55-year-old Urjit Patel...
Keywords: Urjit Patel news, Urjit Patel updates, Urjit Patel latest, Urjit Patel resigns
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87 percent of Rs 2000 notes returned to banks 04 July 2023
87 percent of Rs 2000 notes returned to banks:- Reserve Bank of India (RBI) has received Rs 2.72 Lakhs of Rs 2000 banknotes in circulation till the 30th of June as per a statement released by the bank on Monday....
Keywords: Rs 2000 notes latest updates, Reserve Bank of India latest, Rs 2000 notes breaking news, Rs 2000 notes latest updates
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Reserve Bank Of India Keeps Policy Rate Unchanged 06 February 2020
Reserve Bank Of India Keeps Policy Rate Unchanged:- A high profile meeting chaired by Reserve Bank of India Governor Shaktikanta Das along with the six-member Monetary Policy Committee (MPC) initiated discussions to take some key decisions on the interest rates...
Keywords: Reserve Bank of India meeting, RBI, Reserve Bank of India about repo rate, Reserve Bank of India news
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RBI All Set To Issue New Rs 100 Notes 20 July 2018
RBI All Set To Issue New Rs 100 Notes:- The Reserve Bank of India (RBI) is in plans to issue new Rs 100 denomination in lavender colour. After Rs 2000, Rs 500, Rs 200, Rs 50 and Rs 10 notes...
Keywords: Rs 100 notes latest news, Rs 100 notes updates, Rs 100 notes updates, Reserve Bank of India latest
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RBI Extends RTGS Timings Till 6 PM 29 May 2019
RBI Extends RTGS Timings Till 6 PM:- The Reserve Bank of India took a crucial decision after the timings for the funds transfer through RTGS have been extended till 6 PM for the general public and this comes into effect...
Keywords: RTGS timings, RBI, RBI updates, RTGS latest
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RBI Reduces Mandatory Hedging For Foreign Loans 27 November 2018
RBI Reduces Mandatory Hedging For Foreign Loans:- The Reserve Bank of India announced that the mandatory hedging provision for the foreign loans has been reduced from 100% to 70% to ease the External Commercial Borrowing norms. "On a further review...
Keywords: Reserve Bank of India news, Reserve Bank of India, RBI, Reserve Bank of India news
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