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2 Bengaluru Senior Citizens Lose Rs 80.5 Lakh To Fake 'RBI Officials'
A man from Bengaluru was allegedly cheated of Rs 80,50,000 after unidentified callers posing as police officials and RBI personnel threatened him with a fabricated money laundering case.
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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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Government Reportedly Mulling Stablecoin Adoption in Potential Policy Shift Even as RBI Flags Concerns
The government is assessing potential use cases for stablecoins in its upcoming Economic Survey for 2025-26, according to a report. Officials say the review may propose limited experimentation under a regulated framework. The move comes as India continues developing its digital currency plans through the RBI’s CBDC and weighs concerns around fina...
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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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Bengaluru Woman Loses Rs 32 Crore In Digital Arrest That Lasted 6 Months
A 57-year-old Bengaluru woman was conned out of nearly Rs 32 crore in an elaborate "digital arrest" scam, where fraudsters impersonating DHL staff and senior officials from the CBI and RBI
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RBI Grade B Exam 2025: Roll Number-Wise Result Released, Download Directly Here
RBI Grade B Result 2025: The Reserve Bank of India (RBI) has released the grade b phase 1 2025 result, candidates can download the phase 1 result list on the official website of the bank.
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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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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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CBI To Question Bank Staff In Rs 8.5 Lakh Mule Account Cyber Fraud Case
The CBI will start questioning bank officials under scanner for allegedly facilitating the operations of 8.5 lakh mule accounts in a "pan India conspiracy" with cyber crime syndicates to launder crime proceeds, agency officials said.
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India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
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LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
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Hong Kong's HKMA to Upgrade e-HKD CBDC With Programmability, Offline Payment Features Similar to eRupee
Hong Kong is officially launching its e-HKD CBDC into its second, extended trial phase. the HKMA plans to equip the e-HKD CBDC with programmability and offline payments features. Another CBDC use case that Hong Kong is zealously exploring, is its use for tokenised deposits.
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Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
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Con Artist Poses As Woman, RBI Official, Dupes Techie Of Rs 1.39 Crore
A software engineer was taken for a ride by a 33-year-old con artist who utilised his mimicry skills to assume different fake identities, including a potential bride, an Income Tax judge and an RBI official, to cheat him of Rs 1.39 crore, police said
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eRupee Sees Drop in Activity as Banks Pull Back on Promotion Efforts: Report
The CBDC transactions that had hit the mark of one million transactions per day in December 2023, has dropped to just around 100,000 daily transactions. In a report citing official sources familiar with the matter, Reuters claimed that a lack of organic demand to use the eRupee is evident.
-
2 Bengaluru Senior Citizens Lose Rs 80.5 Lakh To Fake 'RBI Officials'
A man from Bengaluru was allegedly cheated of Rs 80,50,000 after unidentified callers posing as police officials and RBI personnel threatened him with a fabricated money laundering case.
-
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.
-
Government Reportedly Mulling Stablecoin Adoption in Potential Policy Shift Even as RBI Flags Concerns
The government is assessing potential use cases for stablecoins in its upcoming Economic Survey for 2025-26, according to a report. Officials say the review may propose limited experimentation under a regulated framework. The move comes as India continues developing its digital currency plans through the RBI’s CBDC and weighs concerns around fina...
-
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.
-
Bengaluru Woman Loses Rs 32 Crore In Digital Arrest That Lasted 6 Months
A 57-year-old Bengaluru woman was conned out of nearly Rs 32 crore in an elaborate "digital arrest" scam, where fraudsters impersonating DHL staff and senior officials from the CBI and RBI
-
RBI Grade B Exam 2025: Roll Number-Wise Result Released, Download Directly Here
RBI Grade B Result 2025: The Reserve Bank of India (RBI) has released the grade b phase 1 2025 result, candidates can download the phase 1 result list on the official website of the bank.
-
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...
-
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.
-
CBI To Question Bank Staff In Rs 8.5 Lakh Mule Account Cyber Fraud Case
The CBI will start questioning bank officials under scanner for allegedly facilitating the operations of 8.5 lakh mule accounts in a "pan India conspiracy" with cyber crime syndicates to launder crime proceeds, agency officials said.
-
India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
-
LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
-
Hong Kong's HKMA to Upgrade e-HKD CBDC With Programmability, Offline Payment Features Similar to eRupee
Hong Kong is officially launching its e-HKD CBDC into its second, extended trial phase. the HKMA plans to equip the e-HKD CBDC with programmability and offline payments features. Another CBDC use case that Hong Kong is zealously exploring, is its use for tokenised deposits.
-
Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
-
Con Artist Poses As Woman, RBI Official, Dupes Techie Of Rs 1.39 Crore
A software engineer was taken for a ride by a 33-year-old con artist who utilised his mimicry skills to assume different fake identities, including a potential bride, an Income Tax judge and an RBI official, to cheat him of Rs 1.39 crore, police said
-
eRupee Sees Drop in Activity as Banks Pull Back on Promotion Efforts: Report
The CBDC transactions that had hit the mark of one million transactions per day in December 2023, has dropped to just around 100,000 daily transactions. In a report citing official sources familiar with the matter, Reuters claimed that a lack of organic demand to use the eRupee is evident.
