Tag:rbi

RBI: Now, bank boards must settle with wilful defaulters

MUMBAI: The Reserve Bank of India (RBI) has introduced a new regulation aimed at increasing caution among leaders when declaring borrowers as wilful defaulters...

Indian banks can issue Rupay prepaid forex cards: RBI Governor Shaktikanta Das

In a groundbreaking move, the Reserve Bank of India (RBI) has announced a significant development that is set to simplify foreign currency transactions for...

RBI announces monetary policy, keeps repo rate unchanged at 6.5%.

In a significant move, the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5% during its latest monetary...

RBI to bank boards: Replace mgmt if required to ensure governance

In a recent development, the Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao, has issued a strong directive to the...

Supreme Court refuses urgent listing of plea challenging RBI decision on Rs 2,000 banknote exchange

In a recent development, the Supreme Court of India has declined to grant an urgent hearing for a plea challenging the notifications related to...

RBI Annual Report: Banknote Circulation Trends and the Emergence of e-Rupee

The Reserve Bank of India (RBI) recently released its annual report, shedding light on the trends and developments in the country's banknote circulation for...

Private Consumption and Rural Demand Drive India’s Growth in Q1 2023-24, says RBI Article

In a recent article authored by a team led by RBI Deputy Governor Michael Debabrata Patra, it is predicted that India's growth in the...

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Security Forces Rescue 115 Human Trafficking Victims From Assam; 9 Traffickers Arrested in Bihar

Security forces have rescued 115 human trafficking victims from Assam in a major cross-state operation, while 9 traffickers were...
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Sikkim Governor Flags Off the First Official Batch of Pilgrims for the Kailash Mansarovar Yatra

The Sikkim Governor has flagged off the first official batch of pilgrims for the Kailash Mansarovar Yatra, marking the...

Nirmala Sitharaman Highlights Seven-Fold Increase in Funding for Externally Aided Projects in Northeast

Finance Minister Nirmala Sitharaman has highlighted a seven-fold increase in funding for Externally Aided Projects (EAPs) in the Northeast,...

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Which City is Known as the Cotton City of India? Explained

India has a rich history in the textile industry,...

The Man Who Walked Away… But Never Walked Back

Some stories are not about victory.They are about choices—the...