Reserve Bank of India

Kasam Samvidhan Ki: 'Modi government has removed all four tires of 'economy''

Today RBI has taken a big decision on new notes of two thousand rupees. According to the Reserve Bank, the Rs 2000 note will remain legal tender, but now it will be taken out of circulation. From May 23 to September 30, Rs 2,000 notes can be exchanged in banks.

May 19, 2023, 22:04 PM IST

Why did Vivek Bindra suddenly take Deepak Chaurasia's interview amidst the discussion of notes?

Two Thousand Rupees Note: RBI has announced not to issue new notes of two thousand rupees. Notes can be exchanged in banks from 23 May to 30 September. RBI will not issue new Rs 2,000 notes. From May 23 to September 30, notes can be exchanged in the bank. However, it will continue as legal tender money. This means that if someone has a note of two thousand rupees, then its validity will remain. RBI has confirmed this by issuing a press release.

May 19, 2023, 22:00 PM IST

Kasam Samvidhan Ki: Former RBI GM said..'There is no need to panic at all'

दो हजार रुपए के नए नोटों पर आज RBI ने बड़ा फैसला लिया है. रिजर्व बैंक के अनुसार, 2000 रुपये का नोट लीगल टेंडर तो रहेगा, लेकिन अब इसे सर्कुलेशन से बाहर कर दिया जाएगा. 23 मई से 30 सितंबर तक बैंकों में 2 हजार के नोटों को बदला जा सकता है.

May 19, 2023, 21:46 PM IST

RBI Imposes Rs 44 Lakh Penalty On 4 Co-Operative Banks

The central bank said a penalty of Rs 13 lakh has been imposed on Janata Sahakari Bank, Pune for non-compliance with directions on 'Interest Rate on Deposits'.

Apr 25, 2023, 18:38 PM IST

International Trade In Rupee Currency Soon: Piyush Goyal

The Reserve Bank of India (RBI) has approved 60 requests to open Special Rupee Vostro Accounts (SRVAs) of correspondent banks from 18 countries.

Apr 22, 2023, 19:19 PM IST

RBI MPC's Fight Against Inflation Not Yet Over: Governor At MPC Meeting

In his remarks at the MPC meeting, Das said the cumulative impact of monetary policy actions over the last year is still unfolding and needs to be monitored closely.

Apr 20, 2023, 21:31 PM IST

RBI's Retail Pilot Of The Digital Rupee Goes Live In India's 4 Metro Cities

As per CBDC tracker, almost 105 countries representing 95 percent of the world's GDP have taken steps to inculcate digital currency in their ecosystem.

Apr 07, 2023, 15:49 PM IST

RBI To Set Up Centralised Portal To Search Across Multiple Banks For Unclaimed Deposits

The Reserve Bank on Thursday announced to set up a centralised portal to access details of unclaimed deposits by depositors or their beneficiaries across various banks.

Apr 06, 2023, 11:42 AM IST

RBI May Hike 25 bps Interest Rate In Next MPC, Says Expert

RBI has been raising benchmark rates since May 2022 to contain inflation which has been largely driven by external factors.

Mar 26, 2023, 16:28 PM IST

Unlike Global Economy, India Would Not Slow Down: RBI Article

The NSO's end-February data release indicates that the Indian economy is intrinsically better positioned than many parts of the world: RBI article

Mar 21, 2023, 19:58 PM IST

As Forex Reserve Falls To 3-Month Low, Subramanian Swamy Says Economic Crisis Inevitable

Former Rajya Sabha MP and BJP leader Subramanian Swamy today claimed that an economic crisis is inevitable but Prime Minister Narendra Modi's colleagues are too frightened to tell him.

Mar 18, 2023, 12:17 PM IST

RBI Monetary Policy 2023 Live Updates: RBI Hikes Repo Rates by 25 Basis Points to 6.50%, Loan EMIs to go Up

RBI Monetary Policy 2023 Live Updates: RBI's MPC has decided 4:2 vote to remain focused on withdrawal of accommodative policy.

Feb 08, 2023, 08:15 AM IST

RBI's Monetary Policy Committee Meeting Starts Amid Expectations of Lower Rate Hike

RBI may press the pause button on the rate hike on Wednesday.

Feb 06, 2023, 16:27 PM IST

RBI's 3 day MPC meeting starts today: Will RBI to continue or hit the pause button on rate hike?

The RBI's MPC will be meeting on February 6-8 to decide on the policy rates.

Feb 06, 2023, 12:57 PM IST

DNA: When the State Bank of India started in 1921

This segment of DNA brings you information related to today's history

Jan 27, 2023, 23:20 PM IST

HDFC Life Policyholders Can Now Pay Premiums with NPCI's UPI 123PAY

UPI 123PAY is a payment facility through a pre-defined IVR that enable customers to make financial transactions with or without an internet connection.

Jan 27, 2023, 13:39 PM IST

UPI 123PAY: How to Transfer Money Using Feature Phones? Check Complete Process

UPI 123PAY enables feature phone users to access the popular digital transactions platform, without having an internet connection. 

Jan 25, 2023, 08:54 AM IST

Digital Rupee cannot be exchanged for cash, only bank deposits will be used to issue eRupee: Report

Anuj Ranjan, the top general manager of the RBI's fintech division, reportedly stated that the pilot project has moved pretty nicely in a closed-user group and that the number of users is gradually increasing when speaking at an event at the Indian Merchants' Chamber.

Jan 19, 2023, 16:25 PM IST