Tag:Reserve Bank of India

BFSI

RBI Joins ASEAN Nations in Project Nexus for Instant Cross-Border Retail Payments

In a landmark agreement, the Reserve Bank of India (RBI) and four ASEAN countries have committed to the creation of a platform designed to...
News Desk -
Banking

RBI Increases Ways and Means Advances Limit for States and UTs to Rs 601.18 Billion

The Reserve Bank of India (RBI) has announced a significant increase in the aggregate limit for the Ways and Means Advances (WMA) facility available...
News Desk -
Economy

RBI Governor Shaktikanta Das Predicts Major Structural Shift in India’s Growth Trajectory

Reserve Bank of India (RBI) Governor Shaktikanta Das has expressed a highly optimistic economic outlook, forecasting that India is on the cusp of a...
News Desk -
News

RBI Shifts Strategy to Limit Rupee Volatility with Non-Deliverable Forwards

The Reserve Bank of India (RBI) is altering its approach to managing rupee volatility by increasingly utilizing non-deliverable forwards (NDFs) over traditional spot market...
News Desk -
Transfer/Appointment

R. Lakshmi Kanth Rao Appointed as Executive Director of RBI

The Reserve Bank of India (RBI) has appointed R. Lakshmi Kanth Rao as Executive Director, effective from May 10, 2024. Rao was previously serving...
News Desk -
Banking

RBI Directs Non-Bank Lenders to Adhere to Cash Payout Limit for Loans

India's Reserve Bank, in a recent move, cautioned non-bank lenders against surpassing the permissible limit of ₹20,000 ($240) for cash loans, aiming to curb...
News Desk -
Banking

RBI to Combat Cyber Fraud, Including Restrictions on Suspicious Bank Accounts

Reserve Bank of India (RBI) is poised to introduce new guidelines aimed at bolstering the country's defenses against the rising tide of cyber crime....
News Desk -
Banking

RBI Directs Kotak Mahindra Bank to Halt New Credit Card Issuance and Customer Onboarding

The Reserve Bank of India (RBI) has instructed Kotak Mahindra Bank to suspend the issuance of fresh credit cards and cease onboarding new customers...
News Desk -
1...3456Page 4 of 6

Latest news

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...
- Advertisement -spot_img
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...