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Reserve Bank Of India News

PAGE 24

Use credit, debit cards for auto-debit? Changes coming into effect from Oct 1

The RBI had earlier extended the March 31 deadline for changes in auto-debit rule after request from banks.

Updated on Sep 25, 2021, 11:31 AM IST

US trade official called RBI’s ban on Mastercard ‘draconian’: Reports

Reserve Bank of India had restricted Mastercard from acquiring new customers from July 22, 2021.

Published on Sep 19, 2021, 6:06 PM IST

Bank holidays in last week of September: Check dates here

There are two RBI mandated holidays and three weekend leaves in the last week of September.

Published on Sep 19, 2021, 12:43 PM IST

RBI’s independent push to set reverse repo draws flak

The MPC framework is aimed at reducing the Reserve Bank of India’s discretion in setting monetary policy.

Updated on Sep 20, 2021, 6:19 PM IST

‘Stay alert’: RBI cautions people to be careful in sharing info for KYC updation

The RBI keeps informing people about bank frauds and how criminals try to extract information from them.

Published on Sep 15, 2021, 10:55 AM IST

India, Singapore announce linking of UPI and PayNow fast payment systems

Unified Payments Interface (UPI) allows users to instantly transfer money 24/7.

Published on Sep 14, 2021, 11:36 AM IST

Retail loans take lead as corporate demand slips

RBI data shows retail loans have grown 11.2% from a year earlier as of July 30.

Updated on Sep 7, 2021, 3:30 AM IST

RBI will conduct fine-tuning operations to manage unanticipated liquidity flows

Shaktikanta Das, Reserve Bank of India (RBI) Governor, was speaking at a conference organised by Fixed Income Money Market and Derivatives Association of India (FIMMDA) and Primary Dealers' Association of India (PDAI).

Published on Aug 31, 2021, 9:58 PM IST

Banks to stay shut till the end of the month starting today. Check full list

The Reserve Bank of India (RBI) had issued a list of holidays for this month, and now only four days constituting those holidays are left.

Published on Aug 28, 2021, 5:39 PM IST

RBI may launch e-currency: How will it be different from cryptocurrency?

At a webinar last month, RBI deputy governor T Rabi Sankar had said that the time for CBDCs has come.

Published on Aug 28, 2021, 12:52 PM IST

September bank holidays 2021: Check complete details here

Reserve Bank of India issues the list of festivals on which banks remain closed

Updated on Sep 1, 2021, 12:14 PM IST

Centre may roll out e-com policy without data norms

A query sent to the commerce ministry remained unanswered till press time.

Updated on Aug 27, 2021, 2:48 AM IST

RBI to buy govt bonds worth ₹25,000 crore under G-SAP 2.0 today

Under G-SAP, RBI commits to a specific amount of open market purchases of government securities.

Published on Aug 26, 2021, 5:49 AM IST

RBI imposes penalty of ₹27.5 lakh on Dhanlaxmi Bank, ₹20 lakh on co-op bank

Reserve Bank of India (File Photo)

Published on Aug 23, 2021, 10:02 PM IST

Collateral-free loans for self-help groups increased from ₹10 to ₹20 lakh

The Reserve Bank of India seal is pictured on a gate outside the RBI headquarters in Mumbai.

Published on Aug 19, 2021, 10:28 AM IST

RBI issues new, revised instructions on safe deposit lockers in banks

According to the new guidelines, the banks shall have a Board approved agreement for safe deposit lockers.

Updated on Aug 18, 2021, 7:53 PM IST

HDFC Bank shares gain after RBI eases curbs on new credit cards

The headquarters of India's HDFC bank is pictured in Mumbai.

Published on Aug 18, 2021, 11:16 AM IST

Fed up with ‘no cash’ in nearest ATMs? Banks to pay fines from October

The scheme will come into effect starting October 1, 2021, under which banks will attract a penalty of <span class='webrupee'>₹</span>10,000.

Published on Aug 10, 2021, 8:58 PM IST

Fifth tranche of sovereign gold bond scheme opens for subscription

The government will issue another tranche of sovereign gold bond by September this year.

Published on Aug 9, 2021, 12:07 PM IST

American Express may partially resume operation in India from today: Report

Published on Aug 7, 2021, 5:46 AM IST

Does RBI’s MPC resolution point to stagflation threat?

“The Reserve Bank remains in ’whatever it takes’ mode, with a readiness to deploy all its policy levers – monetary, prudential or regulatory. In 7 parallel, our focus on preservation of financial stability continues," RBI Governor Shaktikanta Das said.

Published on Aug 7, 2021, 12:54 AM IST

RBI holds rate, ups inflation projection

The MPC resolution also put the onus of bringing down petrol-diesel prices on the Union and state governments through tax reduction.

Updated on Aug 7, 2021, 1:22 AM IST

RBI to announce its bi-monthly monetary policy review today

RBI governor Shaktikanta Das-led Monetary Policy Committee's (MPC) review meeting started on Wednesday.

Published on Aug 6, 2021, 6:33 AM IST

Explained: How changes in NACH will affect cheque payments

After changes in NACH system, cheques will be cleared on all days.

Published on Aug 5, 2021, 10:29 AM IST

RBI to begin three-day monetary policy meet today to decide on key rates

Published on Aug 4, 2021, 6:39 AM IST

RBI imposes ₹50.35 lakh penalty on Nashik-based Janalaxmi Co-operative Bank

The penalty on Janalaxmi Co-operative Bank has been imposed for non-compliance with directions issued by RBI on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks' and 'Membership of Credit Information Companies (CICs)'.

Published on Aug 2, 2021, 11:05 PM IST

New RBI rules on interchange fee, bulk clearing facility effective from today

RBI (Mint File Photo)

Published on Aug 1, 2021, 7:03 PM IST

5 changes coming into effect from August 1, will impact salary, EMI payments

Some of these are a result of certain changes allowed by the Reserve Bank of India.

Published on Jul 31, 2021, 11:14 AM IST

Salary, EMI payments, ATM charges: Rules which are changing from August 1

The RBI has given a go-ahead to increase the interchange fees fro ATM machines.

Published on Jul 27, 2021, 3:00 PM IST

Salary, pension and EMI payment rules to change from August

At times, the first day of a month falls on a weekend and people have to wait for Monday to see the message on their phones that their salary has been credited into their accounts.

Published on Jul 25, 2021, 10:53 AM IST

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