Reserve Bank of India

Executive Director at the RBI, Shirish Chandra Murmu has been appointed as the Deputy Governor of the Reserve Bank of India (RBI).

TNI Bureau: In a major relief for individual borrowers who have availed loans for non-business purposes, the Reserve Bank of India (RBI) issued a direction prohibiting the banks and other regulated lenders not to charge the pre-payment…

New Delhi: The Reserve Bank of India (RBI) has announced significant progress in the withdrawal of ₹2000 denomination banknotes, with 98.12% of the notes in circulation as of May 19, 2023, now returned. This update follows the RBI's latest…

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.