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"Build For Inclusion": RBI Governor Urges Fintechs To Focus On Underserved Sections
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion.
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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 Governor Says No Proposal To Levy Charges On UPI Transactions
Reserve Bank Governor Sanjay Malhotra on Wednesday said there is no proposal to levy any charge on UPI transactions.
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RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
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RBI Raises IPO Loan Limit To Rs 25 Lakh, Eases Lending Rules For Banks
The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
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RBI Keeps Repo Rate Unchanged At 5.5% For Second Consecutive Time
The central bank had cut the repo rate by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August.
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India's External Debt Rises To $747.2 Billion At June-End: RBI Data
India's external debt stood at USD 747.2 billion at the end of June 2025, an increase of USD 11.2 billion over its level at March-end 2025, according to the Reserve Bank data released on Tuesday.
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"Everyone's Mother Dies": UCO Bank Official Accused Of "Inhuman" Behaviour In Viral Email
The allegations against him reveal a pattern of denying staff leave during personal crises, including rejecting an employee's request for leave following his mother's death.
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New Fed Governor Says He Was Not Told How To Vote By Trump
Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central bank's meeting this week.
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US Court Rejects Trump's Bid To Remove Federal Reserve Governor Lisa Cook
An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump's efforts to remove her just ahead of a key vote on interest rates.
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Industrial Development Bank Of India Hiring For Expert Posts, No Written Test Required
Both positions carry a five-year contractual tenure (subject to annual review) and are likely to be based in Mumbai/Navi Mumbai, though the bank has reserved the right to post candidates anywhere in India.
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RBI Invites Applications For 120 Grade B Officer Vacancies, Check Key Details
RBI Recruitment 2025: The prelims exam consists of a single paper comprising 200 questions, with a total of 200 marks. Candidates will have 120 minutes to complete the paper.
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Gold Prices In India To Surge To Rs 125,000 By 2026: Report
Indian gold prices are expected to continue rising, trading in the range of Rs 99,500 to Rs 110,000 per ten grams over the rest of 2025, and moving higher to Rs 110,000 to Rs 125,000 in the first half of 2026, according to a research
-
"Build For Inclusion": RBI Governor Urges Fintechs To Focus On Underserved Sections
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion.
-
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.
-
RBI Governor Says No Proposal To Levy Charges On UPI Transactions
Reserve Bank Governor Sanjay Malhotra on Wednesday said there is no proposal to levy any charge on UPI transactions.
-
RBI To Allow Banks To Fund Merger, Acquisition Activity By Indian Corporates
In a bid to improve credit flow, the Reserve Bank on Wednesday said it would provide an enabling framework for Indian banks to finance acquisitions by Indian corporates.
-
RBI Raises IPO Loan Limit To Rs 25 Lakh, Eases Lending Rules For Banks
The Reserve Bank of India (RBI) on Wednesday announced a major set of changes to make bank credit more accessible for companies and individuals.
-
RBI Keeps Repo Rate Unchanged At 5.5% For Second Consecutive Time
The central bank had cut the repo rate by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August.
-
India's External Debt Rises To $747.2 Billion At June-End: RBI Data
India's external debt stood at USD 747.2 billion at the end of June 2025, an increase of USD 11.2 billion over its level at March-end 2025, according to the Reserve Bank data released on Tuesday.
-
"Everyone's Mother Dies": UCO Bank Official Accused Of "Inhuman" Behaviour In Viral Email
The allegations against him reveal a pattern of denying staff leave during personal crises, including rejecting an employee's request for leave following his mother's death.
-
New Fed Governor Says He Was Not Told How To Vote By Trump
Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central bank's meeting this week.
-
US Court Rejects Trump's Bid To Remove Federal Reserve Governor Lisa Cook
An appeals court ruled Monday that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump's efforts to remove her just ahead of a key vote on interest rates.
-
Industrial Development Bank Of India Hiring For Expert Posts, No Written Test Required
Both positions carry a five-year contractual tenure (subject to annual review) and are likely to be based in Mumbai/Navi Mumbai, though the bank has reserved the right to post candidates anywhere in India.
-
RBI Invites Applications For 120 Grade B Officer Vacancies, Check Key Details
RBI Recruitment 2025: The prelims exam consists of a single paper comprising 200 questions, with a total of 200 marks. Candidates will have 120 minutes to complete the paper.
-
Gold Prices In India To Surge To Rs 125,000 By 2026: Report
Indian gold prices are expected to continue rising, trading in the range of Rs 99,500 to Rs 110,000 per ten grams over the rest of 2025, and moving higher to Rs 110,000 to Rs 125,000 in the first half of 2026, according to a research
