Rural income growth to drive demand: RBI report
According to RBI’s State of the Economy Report, aggregate demand conditions are gathering momentum with revival in rural consumption on
Read moreRBI NEWS
RBI Deputy Governor moots full cover for small depositors
A periodic upward revision in the uniform deposit insurance coverage of Rs 5 lakh is necessary as India’s growth and
Read more
RBI flage ‘lakhs’ of accounts used for fraud, evergreening
The Reserve Bank of India has raised an alarm over certain banks having ‘lakhs’ of accounts used for fraudulent transactions
Read more
Reserve Bank of India revises fraud norms
RBI issued three revised master directions on fraud risk management for Regulated Entities such as commercial banks including regional rural
Read more
India added 4.7 crore jobs in FY24: RBI data
India added nearly 4.7 crore jobs in the 2023-24 fiscal year, a Reserve Bank of India report showed, higher than
Read more
RBI governor Das tells bankers to step up action on mule accts
Reserve Bank of India governor Shaktikanta Das urged heads of select public and private sector banks to step up efforts
Read more
Retired financial professional duped of Rs 2 crore in stock market fraud in Mumbai
The Mumbai crime branch’s cyber police have arrested a 51-year-old painter from Ghatkopar for his alleged role in duping a
Read more
RBI mulling insurance for green deposits
RBI is exploring appropriate deposit insurance coverage for green deposits, climate risk-based differential premiums and ex ante funding needs for
Read more
RBI appoints Arnab Kumar Chowdhury, Charulatha S Kar as executive directors
The Reserve Bank of India announced the appointment of Arnab Kumar Chowdhury and Charulatha S Kar as executive directors. Chowdhury
Read more
RBI cancels registration of 2 NBFCs
The Reserve Bank said it has cancelled the certificates of registration of two NBFCs — Star Finserv India and Polytex
Read more