Tag:Reserve Bank of India

News

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,...
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Transfer/Appointment

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...
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News

First Rate Cut in Five Years: RBI Slashes Repo Rate to 6.25%

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday announced a 25-basis-point reduction in the repo rate, bringing it down to...
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News

India’s Economic Trajectory Hinges on Upcoming Budget and RBI Policy Meeting: UBI Report

The coming days will be crucial for India's economic outlook as the Union Budget announcement on February 1 and the Reserve Bank of India’s...
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News

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...
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News

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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News

RBI Enables Seamless Digital Payments with UPI-Wallet Integration for Full-KYC Users

The Reserve Bank of India (RBI) has introduced a significant enhancement to digital payment systems, allowing users to make Unified Payments Interface (UPI) transactions...
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BFSI

RBI to Pilot Local Cloud Data Storage for Financial Firms in 2025

The Reserve Bank of India (RBI) is set to pilot a locally-developed cloud data storage platform in 2025. This move aims to provide cost-effective...
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Transfer/Appointment

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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Appoitment

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...
Transfer/Appointment

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...