RBI realtime cheque clearance system: Customers complain of delays; bank staff not fully trained
India’s new real-time cheque clearance system is experiencing initial problems. Bank staff are facing challenges with new processes, and technical glitches are slowing down cheque ...
RBI reshuffle: Shirish Murmu takes charge of key departments; central bank realigns deputy governor portfolios
The Reserve Bank of India has reshuffled portfolios among its four deputy governors, assigning oversight of 32 departments. New Deputy Governor Shirish Chandra Murmu will ...
Related party lending rules eased for banks
Lending a Helping Hand: RBI Eases Related Party Lending Rules For years, a shadow has loomed over the banking world: related party transactions. The concern? ...
Inflation watch: Numbers to be lower than RBI projections; why SBI expects softer prices?
The State Bank of India forecasts inflation for FY26 and FY27 to be significantly lower than the Reserve Bank of India’s estimates, citing a strong ...
Internationalisation of Rupees: RBI announces slew measures to promote Indian currency – Here’s all you need to know
The Reserve Bank of India has announced significant measures to elevate the rupee’s global role, permitting cross-border lending in INR to Bhutan, Nepal, and Sri ...
RBI governor tells CCIL to ‘look beyond’ rupee-dollar trades
Beyond the Dollar: RBI Urges CCIL to Chart a New Course for India’s Financial Future The Reserve Bank of India (RBI) is gently nudging, or ...
Forex kitty expands to $702.9 bn, $4.7 bn added in a week; gold reserves rise $2.1 bn
India’s foreign exchange reserves witnessed a substantial increase of $4.698 billion, reaching $702.966 billion for the week ending September 12, according to the Reserve Bank ...
Currency circulation: Rs 2000 notes worth Rs 5,956 crore still remain; RBI says 98% returned since withdrawal
Over two years after the Reserve Bank of India announced the withdrawal of Rs 2000 banknotes, Rs 5,956 crore worth of these notes remain in ...
Forex watch: Reserves fall $4.38 bn to $690.72 bn, FCA and gold drag holdings
India’s foreign exchange reserves decreased by $4.386 billion, reaching $690.72 billion in the week ending August 22, according to the RBI. This decline was primarily ...
RBI ready to take steps to cushion tariff impact: Governer
Navigating Choppy Waters: How the RBI Plans to Shield India from Tariff Tides The global economy feels a bit like the ocean these days – ...
