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Reserve Bank of India

RBI approves Hinduja Group’s acquisition of Reliance Capital

18-Nov-2023 Maharastra

Mumbai: The Reserve Bank of India approved the resolution plan for debt-ridden Reliance Capital on...

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India’s forex reserves rise to $596.098 billion

24-Jun-2023 Economy

India's foreign exchange reserves rose marginally by $2.350 billion in the week ending June 16 to reach $596.098...

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India’s foreign exchange reserves rise to USD 588 billion

06-May-2023 Economy

India's foreign exchange reserves increased marginally by $4.53 billion to $588.78 billion during the week ending April...

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Rupee falls against dollar again, crossing the Rs 81 mark

23-Jan-2023 Markets

The rupee had closed at just over Rs 81 on Friday. Forex dealers say the Reserve Bank of India and PSU oil companies acted to...

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BharatPe finally gets RBI nod for online payment aggregator

10-Jan-2023 Business News

BharatPe processing more than 18 crore UPI transactions per month said it has received authorisation for payment aggregator from the RBI....

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Ready to deal in digital rupee? Find out what exactly it is

06-Nov-2022 Finance

The project is for the settlement of secondary market transactions in securities. Settlement in digital rupee would reduce transaction costs....

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Fintech Uni suspends card services over RBI digital lending norms

20-Aug-2022 Business News

Fintech startup Uni on Friday said it has suspended card services on its products in line with the recent notification by the...

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RBI to restore regulated markets’ trading hours to pre-pandemic timings

12-Apr-2022 Markets

The trading hours of various markets will be restored, from April 18, to timings that were applicable during the pre-pandemic...

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India’s forex reserves decline by over $1.7 bn

19-Feb-2022 Finance

India's foreign exchange reserves fell by $1.763 billion during the week ended February...

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RBI to set up office in Andhra after clarity over state capital

01-Feb-2022 Andhra Pradesh

The Reserve Bank of India (RBI) has said that it will pursue the matter relating to setting up its office in Andhra Pradesh only after...

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Centre gives nod for amalgamating PMC Bank with Unity Small Finance Bank

26-Jan-2022 Business News

The Centre on Tuesday gave its nod to amalgamate the PMC Bank (PMC Bank) with the New Delhi-based Unity Small Finance Bank...

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