RBI imposes Rs 1 crore fine on UBI
The Reserve Bank of India (RBI) imposed a fine of Rs1 crore on the Union Bank of India (UBI), as the latter failed…
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RBI
NITI Aayog’s VC blames Raghuram Rajan for Declining Growth
Vice Chairman of NITI Aayog Rajiv Kumar has blamed former RBI governor Raghuram Rajan for declining growth in the…
RTI reveals cost of printing notes
Have you ever wondered how much money does the government spend on printing different notes?
An RTI had filed by…
RBI predicts 7.4% economic growth rate for India in FY 2018-19
The Reserve Bank of India (RBI) expects the country’s economic growth rate to grow at 7.4 per cent in the current…
99.3% of demonetised notes returned: RBI
The Reserve Bank of India in its annual report said that as many as 99.3 per cent of the old 500 and 1,000 rupee…
RBI hikes repo rate by 25 basis points to 6.50 percent
The Monetary Policy Committee (MPC) of the Reserve Bank of India today hiked repo rate by 25 basis points to 6.50…
RBI announces new 100 rupee note
The Reserve Bank of India has decided to shortly issue new notes of Rs 100 denomination, in the Mahatma Gandhi…
RBI issues Bank of China the licence to operate in India
The Reserve Bank of India has reportedly issued a licence to Bank of China on Wednesday to operate in India.
As…
RBI amends Gold Monetisation Scheme to make it more attractive
The Reserve Bank of India (RBI) has made changes in the Gold Monetisation Scheme (GMS) of 2015 to enable people to…
IDBI Bank MD appointed as deputy governor of RBI
Centre has appointed IDBI Bank managing director (MD) and chief executive officer (CEO) Mahesh Kumar Jain, as the…