Reserve Bank of India

Chennai:  The Reserve Bank of India (RBI) will allow the Bharat Bill Payment System (BBPS) to process cross-border inbound bill payments that will help senior citizens in India while their wards are overseas, said Governor Shaktikanta Das.…

Mumbai:  The EMIs on the loan will rise as the Reserve Bank of India (RBI) on Friday hiked the repo rate by 50 basis points to 5.40 per cent to contain inflation. Several banks have already raised their borrowing rates and some will…

Mumbail: The benchmark indices rose during the afternoon trade on Friday, after falling marginally the previous day as 50 basis points rate hike by the Reserve Bank of India (RBI) was in line with the market expectations and inflows from…

Chennai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the rise of policy rate by 50 basis points to 5.4 per cent. Announcing the decision of the Monetary Policy Committee (MPC) during its three-day meeting,…

Mumbai:  In a significant move, the Reserve Bank of India (RBI) has released a list of states, Union Territories and districts dominated by different minority communities for extending priority lending schemes implemented by scheduled…

Mumbai: The Reserve Bank of India's (RBI) rate-setting committee is likely to hike 25-50 basis points in repo rate in the monetary policy meeting to be held between August 3-5, according to the estimates of various fund managers and…

Chennai: The Reserve Bank of India (RBI) on Saturday said it has signed an MoU with Bank Indonesia (BI) to improve mutual cooperation between the two central banks. Under the MoU, signed on July 16 in Indonesia's Bali, on the sidelines…

Chennai:  The Reserve Bank of India (RBI) on Tuesday fined Ola Financial Services Private Ltd over Rs 1.67 crore for non-compliance of regulations. Announcing the penalty of Rs 1,67,80,000, the RBI said Ola Financial Services did not…

Chennai:  The Reserve Bank of India (RBI) on Monday announced an additional framework for invoicing, payment, and settlement of exports/imports in Indian rupees. According to the RBI, the authorised dealer banks should get the prior…

Chennai: The Reserve Bank of India's (RBI) move to relax regulations to boost foreign exchange inflows will not have any material change in receipts, but certainly helpful in directional forex signalling to speculators, said Emkay Global…