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Page 129 - Latest Updates on Reserve Bank of India

ICICI to move ahead with its plan to increase 4% stake in Lombard business

In a similar move, The RBI had given the HDFC Bank the permission to increase its take in HDFC Life Insurance and HDFC Ergo General Insurance beyond 50 per cent

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Updated On : 29 May 2023 | 11:19 AM IST

Centre to launch Rs 75 coin to mark the opening of new Parliament building

Rs 75 coin: The face of the coin will bear the Lion Capitol of Ashoka Pillar in the centre with 'Satyameva Jayate' inscribed below it

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Updated On : 26 May 2023 | 8:53 AM IST

RBI deputy governor's post: Five bankers to face interview on June 1

RBI Deputy Governor M K Jain's term will end on June 21, 2023 after a five-year tenure

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Updated On : 25 May 2023 | 8:23 PM IST

Restore transaction fee on RuPay cards: Banks request finance ministry

MDR is a fee charged to a merchant for the payment processing of debit and credit card transactions. It is also referred to as the transaction discount rate (TDR)

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Updated On : 25 May 2023 | 2:35 PM IST

Public sector banks' total dividend payout 58% higher than in FY22: Report

Three out of 12 PSBs namely SBI, Bank of Baroda, and Canara Bank, declared a three-digit dividend during the year

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Updated On : 25 May 2023 | 10:34 AM IST

RBI may need to buy $18 bn of bonds to replenish banking liquidity: ICICI

India's central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish banking liquidity that's expected to tighten later in the year, according to a top banker.

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Updated On : 25 May 2023 | 8:23 AM IST

FDI inflows decline 16% to $71 billion for first time in a decade: RBI data

The net FDI also witnessed a decline of nearly 27 per cent to $28 billion in 2022-23 as against $38.6 billion a year ago

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Updated On : 24 May 2023 | 11:26 PM IST

India was close to printing Rs 10,000 notes in 2016: All you need to know

India has already had Rs 10,000 notes as its highest denomination in the past

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Updated On : 24 May 2023 | 10:14 AM IST

Delhi HC sets aside Mayor Shelly Oberoi's decision to call for a repoll

From setting aside Shelly Oberoi's decision for a repoll to granting permission to NDTV founders to travel abroad, here are some of the cases heard by the Delhi High Court on Tuesday

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Updated On : 23 May 2023 | 10:14 PM IST

Start exchanging Rs 2,000 notes from today; how to do it and other details

The bank customers can also deposit the Rs 2,000 notes in their bank accounts and withdraw them from an ATM or bank branch later

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Updated On : 23 May 2023 | 11:02 AM IST

Rs 2,000 note withdrawn: How important was the note for the Indian economy?

The Rs 2,000 note was introduced in 2016 after PM Modi announced demonetisation of Rs 500 and Rs 1,000 currency notes on November 8, 2016

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Updated On : 22 May 2023 | 4:13 PM IST

RBI asks banks to keep daily data on exchange, deposit of Rs 2,000 notes

Banks will have to submit the data 'as and when called for', says central bank in notification

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Updated On : 22 May 2023 | 12:40 PM IST

Provide adequate infra at branches for Rs 2,000 note exchange: RBI to banks

RBI governor Shaktikanta Das said that after September 30, the further decision will be taken based on the number of notes deposited

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Updated On : 22 May 2023 | 11:36 AM IST

What to do if a bank refuses to exchange or accept your Rs 2,000 note?

Can a bank refuse to accept or exchange your Rs 2,000 currency not? Here's all you need to know

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Updated On : 21 May 2023 | 3:03 PM IST

'Those who gathered Rs 2,000 notes illegally are crying over withdrawal'

Haryana's Home Minister Anil Vij has said that those who accumulated Rs 2,000 currency notes illegally are the ones crying over the Reserve Bank of India's decision to withdraw them from circulation

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Updated On : 21 May 2023 | 3:30 PM IST

Rs 2,000 note scrapped: Won't have impact on economy, says T V Somanathan

'There will be no impact as these notes are not largely used for transactional purposes anyway'

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Updated On : 19 May 2023 | 11:47 PM IST

RBI withdraws Rs 2,000 notes from circulation, to remain legal tender

Up to Rs 20,000 exchange allowed at a time until September 30

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Updated On : 19 May 2023 | 10:35 PM IST

RBI withdraws Rs 2,000 currency notes: Here's all you need to know

Rs 2,000 notes with public can be deposited in bank accounts or exchanged at banks and RBI's 19 Regional Offices

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Updated On : 19 May 2023 | 8:19 PM IST

Rs 2,000 note withdrawn from circulation, to remain legal tender

The RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect

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Updated On : 19 May 2023 | 7:09 PM IST

RBI's Rs 87,416-cr surplus provides a welcome fiscal boost for Centre

This is not the first time that the RBI has paid a windfall surplus to the Centre

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Updated On : 19 May 2023 | 7:44 PM IST