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reserve bank of india

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‘Crypto tax’ is here. India imposes 30% tax on proceeds of digital assets

Updated on Feb 1, 2022 07:31 IST

Law enforcement agencies are analysing data pertaining to business activities of cryptocurrency exchanges and investors in crypto assets.

Union Budget 2022: India's own digital currency coming soon, announces FM

Bitcoin and Ethereum are popular cryptocurrencies.

Published on Feb 1, 2022 06:56 IST

Banks to remain shut for 12 days in February. Check full list of holidays

People stand in a queue outside the UCO Bank branch.

Published on Jan 29, 2022 07:39 IST

India's overall economic activity remains strong, says RBI article

Amidst upbeat consumer and business confidence and an uptick in bank credit, aggregate demand conditions stay resilient while on the supply front, rabi sowing has exceeded last year's level and the normal acreage, it noted.

Published on Jan 17, 2022 14:13 IST

Omicron spread: RBI extends deadline for periodic KYC update by 3 months

The RBI had in May extended the KYC deadline till December 31.

Published on Dec 30, 2021 08:27 IST

Banks need funds to deal with stress: RBI

Reserve Bank of India (File Photo)

Published on Dec 28, 2021 23:00 IST

India's forex reserves drop by $160 million to $635.66 billion

India's foreign exchange reserves declined by 160 million to $635.66 billion due to a drop in foreign currency assets, the Reserve Bank of India (RBI) data showed

Published on Dec 24, 2021 17:11 IST

Online payment rules set to change from Jan 1. All you need to know

The new online payment rules will come into effect from January 1.

Published on Dec 23, 2021 01:31 IST

Banks in India to be closed for 6 days before 2021 ends. Check details here

There are a total of 12 bank holidays this month including Christmas eve, Christmas and New Year’s eve.

Published on Dec 21, 2021 05:36 IST

CIC rejects appeal seeking disclosure of sbi reports on electoral bonds

The case pertains to an RTI application filed by activist Venkatesh Nayak seeking denomination wise details of electoral bonds sold by State Bank of India (SBI) in March and April 2018, among other things. (Representational image)

Published on Dec 19, 2021 21:46 IST

Govt issues warning, says installing unknown lending apps may compromise data

People have been harassed by online loan app firms over repayment with higher rate of interest.

Published on Dec 17, 2021 01:59 IST

SBI hikes base rates, move likely to impact existing borrowers

The SBI has hiked the base rates by 10 basis points.

Published on Dec 16, 2021 06:42 IST

RBI slaps penalty on PNB & ICICI Bank for deficiencies in regulatory compliance

ICICI Bank has been penalised of <span class='webrupee'>₹</span>30 lakh, while PNB has been imposed with a penalty of <span class='webrupee'>₹</span>1.8 crore.

Published on Dec 15, 2021 14:50 IST

Real estate industry lauds RBI's move to keep interest rates unchanged

The growth registered by the real estate sector in Q3 2021 is likely to continue and to end this year on a positive note.

Published on Dec 10, 2021 05:47 IST

Shaktikanta Das to start his extended 3-year tenure as RBI governor

Shaktikanta Das was appointed as the central bank's governor in December 2018.

Updated on Dec 10, 2021 01:52 IST

RBI supersedes board of Reliance Capital; appoints administrator

The Reserve Bank of India (RBI) will also apply to the NCLT, Mumbai, for appointing the administrator as the Insolvency Resolution Professional.

Published on Nov 29, 2021 11:10 IST

India's economic recovery now ‘taking hold’, confirms RBI governor

Reserve Bank of India (RBI) governor Shaktikanta Das

Updated on Nov 16, 2021 12:21 IST

PM Modi launches 2 RBI schemes. All about the central bank initiatives

The RBI Retail Direct Scheme is aimed at enhancing access to the government securities market for retail investors.

Published on Nov 12, 2021 06:41 IST

Banks to remain closed for 5 days starting today in these cities: Holiday list

During these bank holidays, ATMs too may not always disburse cash.

Published on Nov 3, 2021 01:51 IST

Sovereign Gold Bond scheme opens today. Check details here

The issue price for Sovereign Gold Bonds has been fixed at <span class='webrupee'>₹</span>4,765 per gram of gold.

Published on Oct 25, 2021 24:09 IST

RBI imposes monetary penalty on Paytm Payments Bank, Western Union

RBI determined that the aforementioned non-compliance warranted the imposition of a monetary penalty after analysing the compounding application, and oral submissions made during the personal hearing

Updated on Oct 20, 2021 16:52 IST

IMPS daily transaction limit increased to ₹5 lakh from ₹2 lakh, says RBI

The RBI today also kept the repo and reverse repo rate unchanged.

Published on Oct 8, 2021 05:39 IST

RBI keeps repo rate unchanged at 4%, maintains ‘accommodative’ stance

The recovery of the Indian economy is gaining traction, said the RBI governor.

Updated on Oct 8, 2021 05:28 IST

RBI supersedes boards of Srei firms

In November 2020, RBI conducted a special audit of Srei Group, which brought out certain related-party transactions and under-provisioning.

Published on Oct 5, 2021 01:48 IST

Govt orders probe into ‘Pandora Papers’ leak

“Undisclosed credits of <span class='webrupee'>₹</span>20,352 crore approximately (status as on 15.09.2021) have been detected in the investigations carried out in the Panama and Paradise Papers,” the finance ministry said in a statement.

Published on Oct 4, 2021 22:33 IST

RBI may keep rates unchanged: Survey

Reserve Bank of India may retain its accommodative stance on Friday.

Published on Oct 3, 2021 23:56 IST

Changes in auto-debit rules from October 1: How to avoid defaulting

The changes in auto-debit rules will only impact those who use credit and debit cards for recurring transactions.

Published on Sep 29, 2021 04:10 IST

These new rules will come into effect from October 1. Check here

Representative Image

Published on Sep 27, 2021 08:51 IST

G-SAP 2.0: RBI to conduct purchase, sale of government securities today

Reserve Bank of India (RBI) will conduct the simultaneous purchase and sale of G-Sec under the G-SAP 2.0 programme on Thursday, September 23.

Published on Sep 23, 2021 01:21 IST

Global trade vital for economic recovery; need to bolster export: RBI governor

RBI governor Shaktikanta Das stressed sustainable growth should entail meeting on macro fundamentals via medium-term investments, sound financial systems and structural reforms.

Published on Sep 22, 2021 11:35 IST

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