RBI Governor Shaktikanta Das Ranked as Top Central Banker for 2nd Consecutive Year
According to a report by US-based Global Finance magazine, RBI Governor Shaktikanta Das has been ranked as the top central banker for the second consecutive...
Tag : RBI
Indian Govt Bond Yields Steady on RBI Warning of Cautious Policy on Inflation
Indian government bond yields are anticipated to experience minimal changes at the start of the day on Tuesday, August 20, 2024. This cautious outlook comes...
Indian Rupee Dropped 2 Paise to INR 83.97 Against US Dollar
The Indian rupee traded within a narrow range and ended the day, as of August 12, 2 paise lower at INR 83.97 against the US...
RBI Surprised Markets with a More than Expected Tougher Tone
The RBI’s tougher or hawkish tone discouraged currency traders from betting against the rupee. The Indian currency is currently at its lowest value ever due...
RBI Proposed To Increase Upper Limit for UPI Tax Payments to Rs 5 Lakhs
During the Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) proposed to increase the upper limit for tax payments through the Unified...
300 Indian Banks Hit by Ransomeware Attack, Payment Systems Temporarily Closed: NPCI
The National Payment Corporation of India (NPCI), a governing body that supervises payment systems, released a public announcement on Wednesday stating that it had temporarily...
RBI Spectates eRupee To Enrich India’s Global Financial Standing: RBI Report
The Reserve Bank of India (RBI) is looking into the potential of creating a digital version of the rupee, known as eRupee, to improve international...
RBI’s Proposed Liquidity Norms In Retail Deposits to Raise Demand for Government Bonds
On Thursday evening, the central bank suggested that banks decrease the reliability of retail deposits with Internet and mobile banking access by an extra 5%....
RBI Sold Rs 34 Billion of Indian Bonds as Index Inclusion Boosts Inflows: Bloomberg Report
According to a Bloomberg report, the Reserve Bank of India (RBI) has sold Rs 34 billion (USD 406 million) worth of bonds in the secondary...
RBI Imposed Penalty on Four Cooperative Banks in India
The Reserve Bank of India (RBI) recently announced that it has imposed monetary penalties on four cooperative banks for violating banking regulations. According to the...