Tag:RBI

RBI Permits Withdrawal of Up to ₹25,000 for New India Cooperative Bank Depositors

The Reserve Bank of India (RBI) has granted depositors of New India Cooperative Bank the ability to withdraw up to ₹25,000, effective February 27,...

Former RBI Governor Shaktikanta Das Appointed as Principal Secretary-II to PM Modi

Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as Principal Secretary-II to Prime Minister Narendra Modi. Das, a retired IAS...

RBI Rate Cut Complements Budget Stimulus, Says FM Sitharaman

Finance Minister Nirmala Sitharaman emphasized that the synchronized efforts of fiscal and monetary policy will provide a stronger boost to India's economic growth, following...

RBI Constitutes Standing External Advisory Committee to Evaluate Banking Applications

The Reserve Bank of India (RBI) has announced the establishment of a Standing External Advisory Committee (SEAC) to evaluate applications for Universal Banks and...

Union Budget 2025: Capex and Infrastructure Spending Must Take Priority, Says RBI MPC’s Nagesh Kumar

Finance Minister Nirmala Sitharaman should prioritize capital expenditure and infrastructure spending in the Union Budget for the financial year 2025-26 to sustain India’s economic...

RBI Mandates Use of Specific Phone Number Series to Curb Financial Frauds

In a decisive step to tackle the growing menace of financial frauds, the Reserve Bank of India (RBI) has directed banks and payment companies...

Former RBI Governor Highlights Need for Data-Driven Development Studies at ICFAI PhD Programme Launch

Former Reserve Bank of India Governor Dr. C Rangarajan emphasized the critical role of combining domain knowledge with data-driven analytical skills in Development Studies,...

Secretary, DFS M Nagaraju Leads Strategic Meeting with Fintech Ecosystem Partners and Key Stakeholders

M Nagaraju, Secretary, Department of Financial Services (DFS), Ministry of Finance, chaired a significant meeting with key stakeholders from the Fintech ecosystem. The meeting,...

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Government Appoints Inder Pal Singh Sethi as Controller of Certifying Authorities

Inder Pal Singh Sethi has been appointed Controller of Certifying Authorities (CCA), a key position associated with the regulation...
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HCL Group Names Nikhil Soni as Head of Brand & Marketing

HCL Group has elevated Nikhil Soni to the position of Head – Brand & Marketing, marking an expansion of...

Ravi Garg Appointed Managing Director – Enterprise Business, APAC at Meta

Meta has appointed Ravi Garg as Managing Director – Enterprise Business, Asia-Pacific (APAC). In his new role, Garg will...