RBI

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

The Reserve Bank of India (RBI) is currently assessing several potential bidders who have expressed interest in acquiring a majority stake

The rate hike has been paused after six consecutive rate increases aggregating to 250 basis points since May 2022

Amazon Pay is the digital payment arm of e-commerce giant Amazon

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 now sees inflation averaging 6.5 per cent in the current 2022-23 financial year and at 5.3 per cent in 2023-24

The RBI said the deadline will be extended in a phased manner by December 31, 2023

The Reserve Bank of India (RBI) on Wednesday lifted restrictions related to Mahindra & Mahindra Financial Services

RBI Governor Shaktikanta Das also said that a premature pause in monetary policy action would be a costly policy error at this juncture

The RBI has raised the repo rate (the rate at which it lends commercial banks) in each of the policy meetings since May 2022