RBI Sanctions Voluntary Amalgamation of Two Cooperative Banks
The Reserve Bank of India (RBI) has approved the voluntary amalgamation of Jawahar Sahakari Bank Ltd., Hupri with Kallappanna Awade […]
Banking
RBI imposes penalties on three financial institutions for regulatory breaches
On March 03, 2025, the Reserve Bank of India (RBI) imposed monetary penalties on three financial entities following statutory inspections
RBI Governor meets with Non-Bank Payment System operators and fintechs in Mumbai
The Governor of the Reserve Bank of India (RBI) today held an interactive session with select non-bank Payment System Operators
RBI Unveils Liquidity Injection Measures to Stabilize Banking System
The Reserve Bank of India (RBI) on 5 March announced a series of measures to address evolving liquidity conditions in
Rs 2,000 notes: A high-stakes gamble that cost more than it gained?
Experts have long speculated that the sole rationale for launching the Rs 2,000 note was to accelerate remonetisation following a hurried note ban. Instead of streamlining the monetary system, these notes ended up sowing confusion, stoking fears of rampant counterfeit currency, and inadvertently bolstering the black money economy.
Over 98% of ₹2000 Banknotes Returned as RBI Withdrawal Nears Completion
The Reserve Bank of India’s ambitious drive to withdraw the ₹2000 denomination from circulation appears to be nearing its end,
RBI imposes penalties on IIFL Samasta Finance and HSBC for regulatory violations
The Reserve Bank of India (RBI) has imposed monetary penalties on IIFL Samasta Finance Limited and The Hongkong and Shanghai
Foreign exchange reserves rise, bank credit growth slows
India’s foreign exchange reserves stood at ₹55.53 lakh crore ($640.48 billion) as of February 21, registering an increase of ₹33,918
RBI extends restrictions on Ajantha Urban Co-operative Bank until May 28
The latest extension has been granted in the interest of the public, according to an official statement from the RBI.
India Inc. gains momentum, but can it sustain the pace?
These numbers are from the Reserve Bank of India (RBI)’s data on the performance of the private corporate sector during the third quarter of 2024-25, drawn from abridged quarterly financial results of 2,924 listed non-government non-financial companies.