Reserve Bank of India

New Delhi: The government has appointed Sanjay Malhotra, the current Revenue Secretary, as the new Governor of the Reserve Bank of India (RBI). A seasoned Indian Administrative Service (IAS) officer from the Rajasthan cadre, Mr. Malhotra…

TNI Bureau: The Reserve Bank of India (RBI) has made a significant decision to halt the issuance of ₹2000 denomination banknotes with immediate effect. However, it emphasizes that the existing ₹2000 banknotes will continue to remain legal…

In a major effort to disrupt the cross-border money flow between the two countries, which totals more than $1 billion annually, India and Singapore have linked their digital payment systems, UPI and PayNow, to enable rapid and affordable…

TNI Bureau: At a time when the shares of Gautam Adani's firms are facing crises as their shares continue to plunge following the Hindenburg Research's report, a report of Bloomberg revealed that the State Bank of India (SBI), has given…

The Government of India on Friday announced a hike in interest rates on small deposits including post office term deposits, NSC and senior citizen savings scheme.

The Reserve Bank of India said onon Friday (7 October) it will soon begin the pilot launch of e-rupee for specific use cases.

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) hiked the repio rate by 50 basis points (bps) to 5.90 per cent with immediate effect.

The Reserve Bank of India (RBI) on Friday directed Paytm Payments Bank Ltd to stop onboarding of new customers with immediate effect.

Even as the RBI readies its plans to launch digital rupee later this year, government and the banking regulator’s big focus will have to be on insulating Indian economy from cyber frauds, graft and securing the country’s financial…

Following the announcement of Digital Currency in the Union Budget 2022 by Finance Minister Nirmala Sitharaman, PM Narendra Modi on Wednesday removed some curtains from the topic.