Reserve Bank of India

In A Rare Instance, RBI Directs Banks To Work On Sunday-March 31

The RBI also asked agency banks to keep all their branches dealing with government business open on March 31 and give due publicity about the availability of the above banking services on this day.

Mar 20, 2024, 22:10 PM IST

Big Relief To Paytm, Gets NPCI Approval As A Third-Party UPI App

This transition is crucial for ensuring the smooth functioning of Paytm's UPI services under the multi-bank model.

Mar 14, 2024, 19:15 PM IST

Want To Invest In Eco-Friendly Schemes? Check Detailed Comparison Of SBI vs BoB Green Rupee Term Deposit

The RBI recently released a document addressing various inquiries investors may have regarding green deposits.

Mar 13, 2024, 19:46 PM IST

Switch To Other Banks Before March 15, NHAI Advises Paytm FASTag Users

The NHAI has urged all Paytm FASTag users to take proactive measures to ensure a seamless travel experience on the National Highways across the country.

Mar 13, 2024, 18:22 PM IST

Paytm Deadline: Check Out The Services You Can Continue Using After March 15

Users can still access, utilize, and transfer money from their accounts even after the deadline. 

Mar 12, 2024, 13:29 PM IST

Bank Holiday On Mahashivratri: Financial Institutions Closed For Next Two Days

Bank Holiday On Mahashivratri: Check whether banks are closed today or not.

Mar 08, 2024, 08:57 AM IST

Bank Holidays: Are Financial Institutions Closed Tomorrow, On Mahashivratri? Check Here

The bank is closed on the 2nd & 4th Saturday and every Sunday of each month.

Mar 07, 2024, 14:27 PM IST

RBI's New Guideline On Credit Card; Directs Banks To Allow Customers To Choose From Multiple Card Networks

RBI has come up with new guidelines on credit card, asking banks to give them options to choose from multiple card networks at the time of issue.

Mar 06, 2024, 11:24 AM IST

RBI Imposes Curbs On JM Financial Products; Finds 'Serious Deficiencies' In Funding For IPOs

The Reserve Bank has however said that the JM Financial shall continue to service its existing loan accounts through the usual collection and recovery process.

Mar 06, 2024, 09:16 AM IST

Majority Of Users To Stop Using UPI If It Attracts Transaction Fee: Survey

In August 2022, the Reserve Bank of India (RBI) released a discussion paper proposing a tiered structure charge on UPI payments based on different amount bands.

Mar 04, 2024, 11:46 AM IST

97.62% Of Rs 2,000 Currency Notes Returned, Says RBI

Meanwhile, The Reserve Bank of India has futher said that Rs 2,000 banknotes continue to be legal tender.

Mar 01, 2024, 15:41 PM IST

RBI Revises Bill Payment Rules: Key Changes, Effective Date, All You Need To Know

The newly launched rule will come into effect from April 1, 2024. Read on to find out what it is, what it means, and more.

Feb 29, 2024, 20:11 PM IST

RBI Cancels Licence Of Sumerpur Mercantile Urban Cooperative Bank Limited

The Reserve Bank said that it cancelled the licence of the bank as the latter does not have adequate capital and earning prospects.

Feb 29, 2024, 09:01 AM IST

Sovereign Gold Bond Scheme: RBI Releases Details Of Tranches Falling Due For Premature Redemption; Check All Important Dates Here

Following are the details of Sovereign Gold Bond Tranches Falling Due For Premature Redemption during the period April 01, 2024 – September 30, 2024, as per the RBI.

Feb 27, 2024, 12:31 PM IST

Vijay Shekhar Sharma Steps Down As Paytm Payments Bank Chairman, PPBL Board Reconstituted

Sharma owns a 51% stake in Paytm Payments Bank, while One 97 Communications, as Paytm is formally known, owns the rest.

Feb 26, 2024, 21:03 PM IST

RBI Directed NPCI To Assist Paytm UPI Operations

Starting March 15, 2024, Paytm Payments Bank will not be allowed to accept any further credits into its customer accounts and wallets, as per the directive from the RBI.

Feb 24, 2024, 11:39 AM IST

Bank Holiday Today: Bank Branch In THIS State Will Remain Closed For Chhatrapati Shivaji Maharaj Jayanti

Bank Holiday Today: Bank branch Maharashtra will remain closed for Chhatrapati Shivaji Maharaj Jayanti. Check out the full list of holidays falling in the month of February 2024.

Feb 19, 2024, 12:24 PM IST

India's Forex Reserves Decline USD 5.2 Billion To Come Off 1-Month High

Gold reserves during the week declined by USD 350 million to USD 47.739 billion.

Feb 18, 2024, 14:59 PM IST

Paytm Partners With Axis Bank For Merchant Payments Settlement; Read Details

In an exchange filing, OCL revealed that the transition to Axis Bank aims to ensure continuity and seamless settlements for merchants.

Feb 17, 2024, 08:04 AM IST

RBI Gives 15-Day Relaxation To Paytm: Check What You Can Do And What Can't

Users with savings or current accounts with Paytm Payments Bank can continue to withdraw money and use their debit cards until March 15, 2024.

Feb 16, 2024, 18:33 PM IST