New Delhi: The Union government is likely to introduce a bill during Parliament’s budget session which seeks to prohibit all private cryptocurrencies in the country.
The proposal is to…
Mumbai: The ‘Positive Pay’ system for cheque transactions above Rs 50,000 came into force on January 1. The Reserve Bank of India (RBI) has decided to implement it to enhance safety of…
New Delhi: Banks will be closed for 56 days in the coming year, according to the holiday list for 2021 released by the Reserve Bank of India (RBI).
The RBI said the holidays have been…
Bhubaneswar: India will emerge as one of the few countries in the world when the Real Time Gross Settlement System (RTGS) will be available 24x7 from Sunday midnight.
In a release, the…
New Delhi: The Reserve Bank of India (RBI) has asked HDFC Bank to temporarily stop all launches of its upcoming digital business-generating activities and sourcing of new credit card…
Mumbai: The Reserve Bank of India (RBI) has achieved a rare milestone by becoming the world’s first central bank with 1 million followers on social media platform Twitter.
“RBI Twitter…
New Delhi: The Central government of Tuesday placed Tamil Nadu-based private sector lender Lakshmi Vilas Bank under moratorium and capped withdrawal at Rs 25,000 for one month, the Ministry…
Bhubaneswar: The Reserve Bank of India (RBI) has praised the fiscal management of Odisha government and cites its example on measures to mitigate fiscal risks arising out of amortisation of…
New Delhi: Now you will have to pay an extra charge on withdrawing more than Rs 5,000 from an ATM.
This comes in the backdrop of Reserve Bank of India (RBI) preparing to change the ATM…
New Delhi: The Reserve Bank of India (RBI) will conduct Open Market Operations (OMO) in State Development Loans (SDLs) on Thursday. The central bank has allocated Rs 10,000 crore to purchase…