RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report

Jun 01, 2024

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI...

RBI imposes monetary penalty on Satara Sahakari Bank Limited

May 02, 2024

According to RBI, the penalty, imposed by an order dated April 29, 2024, has been invoked under the powers vested in RBI, conferred under...

Half of Rs 2,000 notes in circulation back in system: RBI Governor

Jun 08, 2023

On May 19, RBI decided to withdraw the Rs 2,000 denomination currency notes from circulation, but said it will continue to remain as legal...

Effective management, governance, compliance practices essential to safeguard banks financial stability: RBI deputy governor

May 31, 2023

These remarks were made by RBI deputy governor Jain at the Conference of Directors of Banks, organised by the RBI for public sector banks...

Expect series of repo rate cuts starting October: SBI Research

Apr 06, 2024

Along anticipated lines, RBI kept the policy repo rate unchanged at 6.50 per cent

Govt launches pilot in digital rupee for wholesale segment

Oct 31, 2022

RBI will launch a pilot in digital rupee for the wholesale segment on Tuesday.