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New RBI rules to regulate penal charges on loans to come into effect from next year

18 Aug 2023 5:45 AM GMT
The guidelines with respect to penal charges in loan accounts will be effective from January 1, 2024

Karur Vysya Bank share price jumps over 4% as RBI okays reappointment of MD & CEO

17 July 2023 6:06 AM GMT
On the technical front, as per trendlyne data, the stock price rose 184.3% and outperformed its sector by 150.9% in the past year

New debit credit card rules: How bank customers will benefit from this RBI proposal of card portability

8 July 2023 5:47 AM GMT
This rule challenges the existing practice where card network options are predetermined by agreements between issuers and networks

"Wrong interpretation of RTI info": RBI on reports of missing banknotes

18 Jun 2023 5:45 AM GMT
The Reserve Bank of India (RBI) has clarified that reports alleging missing Rs.500 notes worth Rs.88,032 crore from the system are erroneous

RBI on 2000 Rupee note: RBI to withdraw Rs 2,000 notes from circulation

19 May 2023 2:56 PM GMT
It has advised banks to stop issuing ₹2000 denomination banknotes with immediate effect

3,574 fake currency notes deposited in 16 banks, RBI in Ahmedabad

17 April 2023 8:40 AM GMT
The office-bearers of these banks wrote to the city police commissioner to conduct an inquiry into the case, after which the SOG began an...

Report: RBI evaluating potential bidders for majority stake in IDBI Bank

13 April 2023 8:30 AM GMT
The Reserve Bank of India (RBI) is currently assessing several potential bidders who have expressed interest in acquiring a majority stake

RBI pauses key repo rate hike, keeps it at 6.5%

6 April 2023 8:15 AM GMT
The rate hike has been paused after six consecutive rate increases aggregating to 250 basis points since May 2022

RBI imposes Rs 3.06 crore fine on Amazon Pay (India) for violation of norms

3 March 2023 2:50 PM GMT
Amazon Pay is the digital payment arm of e-commerce giant Amazon

Transaction in UPI, IMPS, Bharat Bill sees slowdown in growth rate

18 Feb 2023 12:14 PM GMT
Growth in transactions of UPI, IMPS, and BBPS came in at a slower pace in both volume and value terms on year-on-year basis

RBI raises repo rate by 25 bps to 6.5%

8 Feb 2023 7:46 AM GMT
RBI now sees inflation averaging 6.5 per cent in the current 2022-23 financial year and at 5.3 per cent in 2023-24

Bank locker rules: RBI extends deadline for banks to renew locker agreements till Dec 31

23 Jan 2023 2:07 PM GMT
The RBI said the deadline will be extended in a phased manner by December 31, 2023