Finance Minister introduces Banking Laws (Amendment) Bill in Lok Sabha

Aug 09, 2024

The bill provides for amending the Reserve Bank of India Act, 1934, Banking Regulation Act 1949, State Bank of India Act, 1955, Banking Companies...

RBI likely to transfer Rs 1 trillion to government in FY25

May 10, 2024

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by...

SC notice on RBI's plea to transfer petitions against LVS-DBS merger to one location

Dec 22, 2020

New Delhi [India], December 22 : The Supreme Court has issued a notice on the Reserve Bank of India's plea seeking to transfer all...

RBI approves dividend of Rs 2.11 lakh crore to government for FY24

May 22, 2024

The Reserve Bank of India (RBI) board approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year...

RBI to transfer Rs 99,122 crore surplus to govt

May 21, 2021

Mumbai (Maharashtra) [India], May 21 : The Reserve Bank of India (RBI) on Friday decided to transfer a surplus of Rs 99,122 crore to...

UAE: Abu Dhabi Islamic Bank enhances mobile app for international money transfers

Aug 28, 2023

Abu Dhabi Islamic Bank (ADIB) has introduced enhanced international transfer features on its mobile app and internet banking. The improvements come as the bank...