March 15,2018: The cacophony of demand for privatization of banks is rising from several quarters. The latest is the indirect pitch made by the RBI governor. His admission is that
Mumbai, Jan 10: The four government mints in Kolkata, Mumbai, Noida and Hyderabad have stopped production of coins owing to a glut in the market and lack of storage space, says
New Delhi, Dec 21: According to a recent report from State Bank of India (SBI) it is indicated that the Reserve Bank of India (RBI) may either be holding back
New Delhi, Dec 6: The Reserve Bank of India (RBI) on Wednesday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively. The RBI’s six-member
New Delhi, October 27: Mobile wallets can soon transfer unlimited funds between a bank account and a wallet. Paytm Payments Bank MD-CEO Renu Satti said that mobile wallets can do unlimited
New Delhi, September 13: The government is about to print less currency notes in order to promote digital transaction. As per media reports, latest data from Reserve Bank of India
New Delhi, August 28: Spice Digital Limited, a company well known in the market for its portfolio of MVAS, Telco, and Enterprise services forayed into FinTech space three years ago. Today
Mumbai, August 25: Planning to visit the Automated Teller Machine to get newly rolled Rs 200 and Rs 50 notes? People would be disappointed because the newly announced Rs 200
New Delhi,August18:Last year after Prime Minister Narendra Modi announcement of demonetisation of old Rs 500 and Rs 1000 notes, the Reserve Bank of India (RBI) in December had said that it
New Delhi, Aug 2: After the Reserve Bank of India (RBI) on Wednesday announced a reduction in the reverse repo rate by 25 basis points (bps), volatility gripped the benchmark
New Delhi, July 12: Reserve Bank of India (RBI) Governor Urjit Patel is slated to appear before the Parliamentary panel on Wednesday in order to provide clarification on an array
Bengaluru ,July11: Technology giant Google has completed the testing of its Unified Payments Interface (UPI) payment service and is awaiting Reserve Bank of India’s (RBI) approval to launch its service in
New Delhi,July8:Customers will not suffer any loss if unauthorised electronic banking transactions are reported within three days and the amount involved will be credited in the accounts concerned within 10-days,
New Delhi, July 4: The Supreme Court of India asked the government of India and the Reserve Bank of India, whether a window can be provided for people who couldn’t
New Delhi, June 29: In a bid to speed up the movement of remonetization, the Reserve Bank of India has started printing of Rs. 200 currency notes, according to media
New Delhi, June 13: The Reserve Bank of India on Tuesday unveiled a new batch of banknotes of Rs 500 denomination with inset letter A while old notes of E series
Mumbai, June 07: The Reserve Bank of India (RBI) on Wednesday kept benchmark lending rate, repo rate, unchanged at six and a half years low of 6.25 per cent. With
NewDelhi,May31:S S Mundra, Deputy Governor, RBI on Tuesday said that inter-bank account portability will result in customers silently moving away from one bank to the other and advised banks to
New Delhi, May 10: The Reserve Bank of India (RBI) on Wednesday invoked prompt corrective action (PCA) on government-owned IDBI Bank due to its bad loans and return on assets
New Delhi, April07:The Reserve Bank of India (RBI) is likely to decide against circulating proposed new Rs 200 banknotes through ATMs to avoid another chaotic recalibration process similar to the