Reserve Bank of India

Stock Market Close On Monday - January 22 For Ram Mandir Celebration; Trade On Today

The RBI has clarified that there will be no activity in government securities, foreign exchange, money markets, and rupee interest rate derivatives during this period.

Jan 20, 2024, 10:31 AM IST

HDFC And Axis Bank Closed On January 22 For Ayodhya Ram Temple Event

The finance ministry issued an order, stating that public sector banks, insurance companies, financial institutions, and regional rural banks will also remain closed for a half-day on January 22 in light of the Ram temple consecration ceremony.

Jan 20, 2024, 09:23 AM IST

RBI Governor Shaktikanta Das Says THIS On Opposition To Cryptocurrencies

Personally Das and RBI, as an institution, are opposed to private cryptocurrencies on the grounds that they pose tremendous threat to the financial stability.

Jan 11, 2024, 16:16 PM IST

RBI Assistant Mains Result 2023 To Be OUT Soon At rbi.org.in- Steps To Check Scores Here

RBI Assistant Mains Results 2023 will be available soon, scroll down for the steps to check scores. The exam was conducted on December 31, 2023.

Jan 08, 2024, 14:30 PM IST

RBI Imposes Monetary Penalty On 5 Co-operative Banks

RBI's monetary penalty on these co-operative banks range from Rs 50,000 to Rs 5 Lakh.

Jan 05, 2024, 09:21 AM IST

RBI's Revised Instructions On Inoperative Accounts, Unclaimed Deposits in Banks To Be Effective From April 1

The RBI circular is applicable to all Commercial Banks (including RRBs) and all Co-operative Banks.

Jan 02, 2024, 09:08 AM IST

India's Forex Reserves Rose By USD 58 Billion Cumulatively In 2023

In 2022, India's forex kitty slumped USD 71 billion cumulatively. Gold reserves during the week, however, declined by USD 102 million to USD 474.74 billion.

Jan 01, 2024, 09:50 AM IST

Bank To Remain Closed On January 1, 2024? Check List Of Bank Holidays

Individuals need to be mindful of bank holidays and plan their visits accordingly.

Dec 30, 2023, 16:20 PM IST

Bank Holidays On Christmas? Check What RBI's Official Notification Says

Additionally, December 23 is the fourth Saturday, designated as a bank holiday as per the rules. The following day, December 24, is a Sunday.

Dec 24, 2023, 09:06 AM IST

RBI Imposes A Rs 2 Lakh Penalty On TDCC Bank For...

Examination of the inspection report and all the related correspondence revealed that the TDCC Bank had sanctioned a loan to one of its directors, the release said.

Dec 23, 2023, 17:40 PM IST

Year-Ender 2023: RBI Makes These Changes In Bank Transactions In Ongoing Year - Check

The RBI's dedication to adjusting to changing economic conditions and promoting financial stability in the banking industry is demonstrated by these calculated actions.

 

Dec 22, 2023, 20:54 PM IST

Bank Holidays January 2024: Check City-Wise List And Number Of Days Bank Branches Will Remain Closed

For state-specific festivals, banks will remain closed only in the respective states celebrating the occasion. 

Dec 22, 2023, 19:21 PM IST

SGB Tranche III To Close Today: Here's How To Buy It In Few Clicks

The Reserve Bank of India (RBI) has fixed the issue price for this tranche at Rs 6,199 per gram.

Dec 22, 2023, 14:40 PM IST

RBI Expands Card Tokenization To Internet And Mobile Banking: Check

The RBI has permitted the use of Card-on-File Tokenisation (CoFT) through card-issuing banks or institutions.

Dec 21, 2023, 18:25 PM IST

Are Banks Closed Today Or Not? Check

Read on for clarity on whether banks are open today.

Dec 16, 2023, 10:45 AM IST

RBI Cautions Against Unauthorised Campaigns On Loan waiver

In a statement, the RBI said that it has noticed certain misleading advertisements enticing borrowers by offering loan waivers. 

Dec 12, 2023, 08:43 AM IST

E-Mandates For Recurring Online Transactions Hiked To Rs 1 Lakh

RBI has also made an important announcement regarding UPI payment limits for hospitals and educational institutions.
 

Dec 08, 2023, 11:20 AM IST

UPI Payment Limits Hiked To Rs 5 Lakh For Hospitals, Educational Institutions

In what will come as a huge respite for people using digital transaction, RBI has hiked UPI payment limits for hospitals and educational institutions to Rs 5 lakh from Rs 1 lakh per transaction

Dec 08, 2023, 10:52 AM IST

RBI MPC Meeting Starts Today: Check Key Agendas

The committee's objective is to strike a balance, aiming to achieve the targeted inflation rate while considering the broader goals of economic growth.

Dec 06, 2023, 09:17 AM IST

Banks Will Open Five Days In A Week? Check What Banking Association Has Demanded

Since 2015, Indian banks have observed public holidays on the second and fourth Saturday of every month, leading to a two-day weekend.

Dec 05, 2023, 20:15 PM IST