RBI

Gains moderate to $835 mn, but forex reserves steady on record high path

July 25, 2021 1:39 am

During the reporting week ended July 16, 2021, the increase in foreign exchange — or forex — reserves was on account of the rise in foreign currency assets (FCA), the weekly RBI data released on Friday showed.

RBI hints at digital currency pilot in retail, wholesale segments

July 23, 2021 12:40 am

According to him, the RBI is currently working towards a phased implementation strategy and examining use cases which could be implemented with little or no disruption.

Financial inclusion will continue to be a policy priority after pandemic: Shaktikanta Das

July 15, 2021 6:52 pm

Das said financial inclusion is a key driver of sustained and balanced economic growth, which helps reduce inequality and poverty, and while we have made tremendous strides on this aspect, the pandemic has created newer challenges and complexities.

RBI’s Tightrope

July 14, 2021 7:51 am

It may be premature to withdraw accommodative policies, but it is necessary to remain mindful of inflationary pressures.

RBI office attendant exam 2020 result declared, here's how to check

July 08, 2021 5:36 pm

RBI office attendant exam 2020 result: Candidates who appeared for the examination may check their results online at opportunities.rbi.org.in. 

RBI JE 2019 exam results out: How to check

July 02, 2021 8:22 pm

On the basis of the performance of the candidates in the online examination, zone-wise list of roll numbers of the provisionally shortlisted candidates has been declared by RBI.

Domestic cryptocurrency exchanges flounder as banks cut ties after RBI frown

July 02, 2021 12:22 pm

The exchanges are struggling to cope after the central bank, the Reserve Bank of India (RBI), which has said it does not favour digital currencies, out of concern over their impact on financial stability, informally asked banks to steer clear.

RBI ban on new credit cards sale hit market share; will come back with a bang once embargo lifted: HDFC Bank

June 30, 2021 5:35 pm

In December, the RBI acted against repeated technological outages at HDFC Bank over two years by slapping unprecedented penalties, which included a ban on any new credit card issuance and also prohibition on launching new digital initiatives.

Focus on growth most desirable policy option; eye on inflation: Shaktikanta Das

June 19, 2021 2:06 am

According to the MPC minutes, the dent on economic activity due to the second wave of the virus has necessitated the continuation of monetary measures to support the process of economic recovery to make it durable.

Vadodara man duped of Rs 1.51 crore in insurance fraud

June 12, 2021 12:55 am

According to police, the victim was lured into investing in as many as 64 policies for higher returns since 2014 by the gang.

‘Think of it the other way, not about govt raiding RBI, but how RBI could have behaved differently’

June 22, 2020 6:07 pm

In this edition of the Idea Exchange, Former Chief Economic Adviser Arvind Subramanian talks about demonitisation, defends GST, explains the reasons why growth has not been robust and reflects back on his tenure as Chief Economic Adviser of India.

Express Eye for Detail Ep 12: Two years of demonetisation, the Diwali mess and Faizabad renamed as Ayodhya

June 22, 2020 6:11 pm

Two years on, The Indian Express learns that RBI did not approve of demonetisation and more about the week’s top stories in Express Eye for Detail episode 12.

Eye for Detail EP 12: All about the Ayodhya uncertainty, RBI vs govt and Statue of Unity

June 22, 2020 6:12 pm

How the BJP and RSS are reacting to the Supreme Court deferring the Ayodhya case, why the RBI and the government are at loggerheads and what it means to have a statue worth almost Rs 3000 crores. All that and more in this week’s Eye for Detail.

'For the first time we have a majority govt. If some hard decisions have to be taken, they must be announced now'

June 22, 2020 6:13 pm

Former governor of Reserve Bank of India Bimal Jalan talks about how he addressed the issues of transparency and accountability in financial transactions and governance in his new book, India Ahead: 2025 and Beyond.

Congress has no faith in us or any other institution because it has no faith in itself: Narendra Modi

June 22, 2020 6:21 pm

Prime Minister Narendra Modi said the Congress party has no faith in the government, the CJI, the RBI or any international organisation that gives data on India's growth. He said it is because Congress has no faith in itself.

Demonetisation: RBI recovers almost all banned notes

June 22, 2020 6:55 pm

56.4 Per Cent Rise In Bad Loans Or Non Performing Assets Of State Owned Banks

June 22, 2020 7:10 pm

RBI Asks Banks To Track Demand Drafts Used To Convert Old Notes To New During Demonetisation

June 22, 2020 7:11 pm

Election Commission Hits Back After RBI Rejects Plea To Raise Cash Limits For Poll Candidates

June 22, 2020 7:12 pm

Rs 14 Lakh Crore In Old Notes Back With Banks, Micro-Small Scale Industries Suffer Job Loss

June 22, 2020 7:14 pm