RBI

Government Mulls Banning Cryptocurrencies

New Delhi: The Union government is likely to introduce a bill during Parliament’s budget session which seeks to prohibit all…

January 30, 2021

RBI Introduces ‘Positive Pay’, A System To Prevent Cheque Fraud; Know How It Works

Mumbai: The ‘Positive Pay’ system for cheque transactions above Rs 50,000 came into force on January 1. The Reserve Bank…

January 1, 2021

Banks To Be Closed For 56 Days In 2021; Know Your Dates

New Delhi: Banks will be closed for 56 days in the coming year, according to the holiday list for 2021…

December 28, 2020

RTGS Facility To Be Available 24X7 From Tonight

Bhubaneswar: India will emerge as one of the few countries in the world when the Real Time Gross Settlement System…

December 13, 2020

RBI Orders HDFC Bank To Stop Digital Launches, New Credit Cards

New Delhi: The Reserve Bank of India (RBI) has asked HDFC Bank to temporarily stop all launches of its upcoming…

December 3, 2020

RBI World’s First Central Bank With One Million Followers On Twitter

Mumbai: The Reserve Bank of India (RBI) has achieved a rare milestone by becoming the world’s first central bank with…

November 22, 2020

Withdrawal From Lakshmi Vilas Bank Capped At Rs 25,000 Till Dec 16

New Delhi: The Central government of Tuesday placed Tamil Nadu-based private sector lender Lakshmi Vilas Bank under moratorium and capped…

November 17, 2020

RBI Cites Example Of Odisha Government In Fiscal Risk Management

Bhubaneswar: The Reserve Bank of India (RBI) has praised the fiscal management of Odisha government and cites its example on…

October 28, 2020

Now Pay Extra To Withdraw Cash From ATMs! Know More

New Delhi: Now you will have to pay an extra charge on withdrawing more than Rs 5,000 from an ATM.…

October 24, 2020

RBI’s OMO Purchase Of State Govt Securities Today; Know Details

New Delhi: The Reserve Bank of India (RBI) will conduct Open Market Operations (OMO) in State Development Loans (SDLs) on…

October 22, 2020