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RBI Imposes Rs 91 Lakh Fine On HDFC Bank For Violations Including KYC Lapses
A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday.
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Economy Gains Momentum Over GST Rate Cuts, Festive Demand: RBI Report
The Indian economy showed signs of a further pickup in momentum, despite continuing global headwinds.
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Now, 5 Men Posing As Probe Agency Officials Rob Rs 3 Crore In Karnataka
Even as Bengaluru reels from a daring heist in which men posing as RBI officials escaped with over Rs 7 crore in cash, a major gold robbery has now been reported from Hubballi.
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RBI Announces Interlinking Of UPI With European Instant Payment System
In a significant move, the Reserve Bank of India (RBI) on Friday has announced the interlinking of Unified Payments Interface (UPI) with the TARGET Instant Payment Settlement (TIPS) of the Eurosystem.
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Bengaluru Cash Van Heist An Inside Job? New Recruits, Lapses Under Scrutiny
The investigation into the dramatic Rs 7 crore daylight heist in Bengaluru, where a CMS cash van was robbed on Tuesday, has intensified, with the police zeroing in on the possibility of an inside job.
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Robbers In Bengaluru Pose As RBI Officers, Loot Crores From Cash Van
In a major daylight robbery in Bengaluru, a group of armed men posing as RBI officers interepreted an ATM cash-loading vehicle near the Ashoka Pillar and looted worth crores of rupees.
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RBI Announces Phase 1 Scorecard And Cut Off Marks For Grade B Recruitment
The Reserve Bank of India released the scorecard and cut-off marks for the RBI Grade B General 2025 Phase 1 exam held on October 18. Candidates can check results on the official website.
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Here's Why RBI Asked Banks To Move To Secure '.bank.in' domain
The '.bank.in' domain is restricted to verified entities registered with the RBI.
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Multi-Crore 'Iridium' Scam Busted In Tamil Nadu, 27 Arrested
In a major crackdown on a large-scale financial fraud, the Crime Branch police of Tamil Nadu arrested 27 more people for their involvement in the multi-crore "Iridium scam" that duped people across the state by misusing the name of the RBI
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RBI Hiring Banks Medical Consultant, Check Details
Applicant should possess MBBS degree of any university recognised by the Medical Council of India in the Allopathic system of medicine.
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US Tariffs Not A Matter Of Huge Concern For India's Growth: RBI Governor
India has recorded phenomenal growth with over 8 per cent projections in the past year amid unprecedented global uncertainties, RBI Governor Sanjay Malhotra said at the International Monetary Fund's (IMF) annual meeting on Wednesday.
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'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
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RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
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Banks To Clear Cheques On Same Day From Tomorrow: RBI
Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework for quicker and more secure payments.
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Rs 2000 Notes Worth Rs 5,884 Crore Still In Circulation, Says RBI
The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday.
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RBI Imposes Rs 91 Lakh Fine On HDFC Bank For Violations Including KYC Lapses
A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday.
-
Economy Gains Momentum Over GST Rate Cuts, Festive Demand: RBI Report
The Indian economy showed signs of a further pickup in momentum, despite continuing global headwinds.
-
Now, 5 Men Posing As Probe Agency Officials Rob Rs 3 Crore In Karnataka
Even as Bengaluru reels from a daring heist in which men posing as RBI officials escaped with over Rs 7 crore in cash, a major gold robbery has now been reported from Hubballi.
-
RBI Announces Interlinking Of UPI With European Instant Payment System
In a significant move, the Reserve Bank of India (RBI) on Friday has announced the interlinking of Unified Payments Interface (UPI) with the TARGET Instant Payment Settlement (TIPS) of the Eurosystem.
-
Bengaluru Cash Van Heist An Inside Job? New Recruits, Lapses Under Scrutiny
The investigation into the dramatic Rs 7 crore daylight heist in Bengaluru, where a CMS cash van was robbed on Tuesday, has intensified, with the police zeroing in on the possibility of an inside job.
-
Robbers In Bengaluru Pose As RBI Officers, Loot Crores From Cash Van
In a major daylight robbery in Bengaluru, a group of armed men posing as RBI officers interepreted an ATM cash-loading vehicle near the Ashoka Pillar and looted worth crores of rupees.
-
RBI Announces Phase 1 Scorecard And Cut Off Marks For Grade B Recruitment
The Reserve Bank of India released the scorecard and cut-off marks for the RBI Grade B General 2025 Phase 1 exam held on October 18. Candidates can check results on the official website.
-
Here's Why RBI Asked Banks To Move To Secure '.bank.in' domain
The '.bank.in' domain is restricted to verified entities registered with the RBI.
-
Multi-Crore 'Iridium' Scam Busted In Tamil Nadu, 27 Arrested
In a major crackdown on a large-scale financial fraud, the Crime Branch police of Tamil Nadu arrested 27 more people for their involvement in the multi-crore "Iridium scam" that duped people across the state by misusing the name of the RBI
-
RBI Hiring Banks Medical Consultant, Check Details
Applicant should possess MBBS degree of any university recognised by the Medical Council of India in the Allopathic system of medicine.
-
US Tariffs Not A Matter Of Huge Concern For India's Growth: RBI Governor
India has recorded phenomenal growth with over 8 per cent projections in the past year amid unprecedented global uncertainties, RBI Governor Sanjay Malhotra said at the International Monetary Fund's (IMF) annual meeting on Wednesday.
-
'India Proved Doubters Wrong...': IMF Chief's Praise In Global Economy Meet
IMF chief Kristalina Georgieva praised India's 'bold economic and structural reforms' - from revised direct and indirect tax laws to the mass rollout of a digital payments ecosystem - on the first day of a meeting of world financial leaders.
-
RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
-
Banks To Clear Cheques On Same Day From Tomorrow: RBI
Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated settlement framework for quicker and more secure payments.
-
Rs 2000 Notes Worth Rs 5,884 Crore Still In Circulation, Says RBI
The high-value Rs 2000 notes worth Rs 5,884 crore are still in circulation, according to official data released on Wednesday.
