Tag:RBI

India’s Unified Payments Interface (UPI) Achieves Remarkable Growth, Surpassing 8,572 Crore Transactions in FY 2022-23

The Unified Payments Interface (UPI) in India has witnessed an extraordinary surge, achieving a record-breaking 8,572 crore transactions during the current financial year up...

RBI Inclines Towards Technology: Deputy Governor T Rabi Sankar

Mumbai: RBI has taken a keen interest in technology, acknowledging its profound impact on the global order, according to Deputy Governor T Rabi Sankar....

RBI Extends Last Date to Exchange Rs 2000 Notes

Mumbai: The Reserve Bank of India (RBI) has announced an extension of the deadline for exchanging and depositing ₹2,000 notes until October 7, 2023. ‘As...

RBI Governor Shaktikanta Das Ranked Top Central Banker Globally

Mumbai: Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally by the US-based Global Finance magazine. According...

Unclaimed Deposits? Log On to UDGAM Portal

The Reserve Bank of India maintains the Depositor Education and Awareness (DEA) Fund, which receives deposits that remain unclaimed in a bank for 10...

RBI Releases Statement on Developmental and Regulatory Policies

Mumbai: Reserve Bank of India released a statement that sets out various developmental and regulatory policy measures relating to (i) Financial Markets; (ii) Regulation...

RBI Proposes AI-Powered ‘Conversational Payments’, Increases UPI Lite Transaction Limit

Mumbai: RBI governor Shaktikanta Das introduced several new features during the Monetary Policy Committee meeting on Thursday. These enhancements include AI-powered transactions, offline payments,...

Sovereign Gold Bond Scheme 2023-24 Announced, First Tranche to Open on June 19

New Delhi: The Government of India, in consultation with the Reserve Bank of India (RBI), has announced the issuance of Sovereign Gold Bonds (SGBs)...

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Lt. Gen Syed Ata Hasnain (Retd.) Appointed Governor of Bihar

Lt. Gen Syed Ata Hasnain (Retd.) has been appointed as the Governor of Bihar, marking the transition of the...
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Sanjay Agarwal Reappointed as MD & CEO of AU Small Finance Bank

AU Small Finance Bank has reappointed Sanjay Agarwal as its Managing Director & Chief Executive Officer, reaffirming leadership continuity...

Odisha IAS Reshuffle: Key Changes Across MSME, Industry and Governance Sectors

The Government of Odisha has issued a fresh round of administrative adjustments among senior IAS officers, as per a...