Reserve Bank of India

Mumbai:  Reserve Bank of India Governor Shaktikanta Das on Tuesday said that consumption demand triggered by the festive season is making a strong comeback. Speaking at the eighth SBI Banking & Economics Conclave, he said: "There are…

Mumbai:  Reserve Bank of India has received a healthy response for its customer centric initiative of 'Retail Direct Scheme'. The scheme provides a new medium of investment in government securities. In a tweet, RBI on Saturday said:…

Mumbai:  The Reserve Bank of India has removed restrictions, with immediate effect, imposed on Diners Club International regarding on-boarding of fresh domestic customers onto its card network. In April, the RBI had imposed restrictions on…

Mumbai: With the window for restructuring under the Resolution Framework 2.0 of the Reserve Bank of India closing on September 30, there was minimal utilisation of it as anticipated. Less than 1 per cent of the eligible companies opted…

Mumbai: The Reserve Bank of India on Monday imposed a monetary penalty of Rs 1.95 crore on Standard Chartered Bank India. The penalty was imposed for non-compliance with the directions issued by the RBI on 'Customer Protection - Limiting…

Mumbai:  India's foreign exchange reserves rose by $2.039 billion during the week ended October 8. The Reserve Bank of India's (RBI) forex reserves rose to $639.516 billion from $637.477 billion reported for the week ended October 1.…

Mumbai: The Reserve Bank of India (RBI) retained its key short-term lending rates during the October monetary policy review of FY22. Besides, the growth-oriented accommodative stance was retained to give a push to economic activity.…

Mumbai:  The Reserve Bank of India has taken the Indian Overseas Bank out of prompt corrective action framework (PCAF). The bank was taken out of the PCAF, subject to certain conditions and continuous monitoring. The development comes…

Mumbai: India's foreign exchange reserves fell by $1.470 billion during the week ended September 17. The Reserve Bank of India's (RBI) forex reserves declined to $639.642 billion from $641.113 billion reported for the week ended…

Chandigarh:  As Punjab is ready to harvest a bumper paddy crop of 191 lakh tonnes, Chief Minister Charanjit Singh Channi on Friday requested the Centre to help in getting authorisation of cash credit limit for the kharif season from the…