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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Appointment

Somnath Adak Appointed Group Chief Financial Officer at TO THE NEW and CloudKeeper

TO THE NEW and CloudKeeper have appointed Somnath Adak as Group Chief Financial Officer (CFO), strengthening the financial leadership...
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Appointment

Altera Appoints Nishit Sahay as Chief Information Officer

Altera has appointed Nishit Sahay as its Chief Information Officer (CIO), strengthening the company’s senior technology leadership. In his...
Appointment

Chetan Garg Appointed Chief Financial Officer at RateGain

RateGain has appointed Chetan Garg as its Chief Financial Officer (CFO), strengthening the company’s senior leadership team. In his...