RBI's MPC member Ashima Goyalalso said the damage to the economy due to lockdowns is much less and is unlikely to extend beyond the first quarter of t
However, existing users can still enjoy its services by renewing three months or annual subscription
Foreign currency assets, a major component of the overall reserves, increased to $536.693 billion as at March-end 2021 from $502.162 billion, the repo
According to the modified norms, scheduled private sector banks, which are not under the PCA framework of the RBI, can undertake government business a
Headed by SBI Managing Director S Janakiraman, the advisory group will assist the RRA by identifying regulations, guidelines, and returns that can be
Industry chamber CII said that opening of on-tap liquidity of Rs 50,000 crore till 31 March 2022 for health care sectors is encouraging
On April 30 State Bank of India had asked for KYC documents by post and e-mail last week after Money9 pointed out that the bank was asking customers t
A penalty of Rs 3 crore has been imposed on ICICI Bank for contravention of certain directions, RBI said
Reserve Bank of India Deputy Governor M Rajeshwar Rao has been appointed as the Regulations Review Authority
The Reserve Bank Of India had introduced an Ombudsman Scheme for Digital transactions in 2019, under Section 18 of Payment and Settlement Systems Act